26 State Street

PENNS GROVE, NJ 08069

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
$299,999

Description

Investment opportunity at 24-26 state st.!

this quadplex is a fantastic addition to any investor’s portfolio, offering significant potential for value appreciation. all four units are spacious one-bedrooms, with two currently occupied and two recently renovated and vacant.

rents are well below market value, presenting an excellent opportunity to maximize cash flow with proper adjustments. the fair market rent (fmr) for this building is a minimum of $5,000/month, making it a strong income-generating asset.

please note: the owner is an investor who has never visited the property, and both the owner and agent make no guarantees.

with a little vision and strategic updates, this property could be a high-performing addition to your client’s portfolio. don’t miss out on this promising investment—schedule a viewing today!

  • Property Type

    Multi-Family

  • County

    SALEM

  • Style

    A-Frame

  • AD ID

    49197985

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: None
    • Heating: Forced Air
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1945
    • Structure: Detached
    • New Construction: No
    • Total Units: 4
    • Built: 1945
    • Construction Material: Block,Vinyl Siding
    • Foundation/Basement: Block
    • Architecture: A-Frame
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 0
    • Dimensions: 50.00 x 0.00
    • Lot Size (Acres): 0.00
    • Architectural Style: A-Frame
    • Main Square Feet: 0

    Property Information

    • SQ ft: 3,360
    • SQ ft (Living Area): 3,360
    • Total Lot SQ ft: 0
    • Financing: Cash,Private
    • Appx. Lot Dimensions: 50.00 x 0.00
    • Total Acreage: 0.00
    • New Construction: No
    • Type: A-Frame

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $7,781
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $140,300

  • Parking Information

    • Parking Type: Driveway,On Street

    Multi-Unit Information

    • Acceptable Financing: Cash,Private

    Homeowners Association Information

    • Direction: gps

  • School Information

    • School District: PENNS GROVE-CARNEYS POINT SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: None
    • Heating Fuel: Natural Gas
    • Hot Water: Electric

    Location Information

    • Direction: gps
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Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2025 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

BuyOwner last updated this listing 04/11/2025 @ 18:17

  • MLS: NJSA2014366
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.