204 – 206 S Broad Street, PENNS GROVE, NJ 08069 (MLS # NJSA2015828)
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Investor alert! This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 full bathroom. Both units are currently rented at $1,500/month, providing a solid $3,000/month in gross rental income. Each unit includes a private rear deck, giving tenants their own outdoor space and added privacy. The property is conveniently located near major highways, making it an attractive option for commuters and boosting long-term rental demand. Whether you're looking to expand your investment portfolio or secure your first income property, this fully occupied duplex delivers immediate returns with minimal effort.
| DAYS ON MARKET | 1 | LAST UPDATED | 8/14/2025 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | Penns Grove Boro (21708) |
| COUNTY | SALEM | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | PENNS GROVE-CARNEYS POINT SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Other |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Penns Grove Boro (21708) |
| BASEMENT | Other, Sump Pump, Unfinished, Yes |
| CONSTRUCTION | Aluminum Siding |
| HEAT | Other |
| LOT DIMENSIONS | 55.60 x 0.00 |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STYLE | A-Frame |
| TAXES | 4608 |
| WATER | Other |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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