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About the Listing WEIC-MH - 3382336
Investment Opportunity in Upper Pittsgrove – Income-Producing Duplex on 3.9 Acres with Route 40 Frontage Well-maintained duplex situated on a spacious 3.9-acre lot with excellent frontage along Route 40 in Upper Pittsgrove. This income-producing property features two residential units plus a separately rented 4-car garage, creating multiple revenue streams. Unit 1 offers 2 bedrooms and 1 full bath and was updated in 2024. Unit 2 features 3 bedrooms and 1 full bath and underwent recent upgrades in 2025. Both units are equipped with central air conditioning and ceiling fans in every room for year-round comfort. Tenants are responsible for their own gas and electric utilities, helping to minimize owner expenses. The property also includes a detached 4-car garage that is rented separately, providing additional income potential. A new septic system will be installed prior to settlement, offering added value and peace of mind for the new owner. The expansive 3.9-acre parcel features a blacktop parking area and outstanding visibility along Route 40. With its prime location and road frontage, there may be potential to pursue a variance for commercial use (buyer to perform their own due diligence with local zoning authorities). Whether you're looking to expand your investment portfolio, generate strong rental income, or explore future development opportunities, this versatile property offers exceptional potential in a highly visible location.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
NJSA2018678
Year Built
1999
Total Square Footage
2,234
Lot/Acreage
3.9
County
Salem
School District
Upper Pittsgrove Township Public Schools
Elementary School
Upper Pittsgrove
Middle School
Upper Pittsgrove M.S.
High School
Woodstown H.S.
Interior Details
- Bedrooms: 5
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Central
- Fireplaces:
- Floor: Ceramic Tile,Luxury Vinyl Plank,Partially Carpeted
- Above Ground Sq Ft: 2234
- Below Ground Sq Ft: n/a
- Basement: Connecting Stairway
- Other:
- Water: Private
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 5
- Zoning: RESIDENTIAL
- Roof: Architectural Shingle,Pitched,Shingle
- Others:
- Sewer: Cess Pool
- Parking Features: Asphalt Driveway,Off Street,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $7,435
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
244 Route 40 E Newfield, NJ 08344
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