Property
Williamstown, NJ 08094 2442 S Black Horse Pike
$525,000
3 more
Presented By: BHHS Fox & Roach-Cherry Hill
Home Details
Excellent investment opportunity! Income-producing legal triplex offering nearly 3,000 square feet of living space and featuring three spacious 4-bedroom, 2-bathroom units. Two units are currently occupied and generating immediate rental income with leases in place at $2,500/month and $2,450/month, both extending for approximately another year. Two of the units have been extensively renovated, offering updated finishes and strong tenant appeal. The third unit requires a complete renovation, presenting significant upside potential for investors seeking to increase cash flow and value. Situated on a large lot with commercial zoning, this property offers flexibility and future development possibilities. Whether you're looking to expand your portfolio or capitalize on a value-add opportunity, this property delivers both current income and long-term potential.
Presented By: BHHS Fox & Roach-Cherry Hill
Interior Features for 2442 S Black Horse Pike
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
BasementFull
Basement (Y/N)Yes
Central Air Y/NNo
FlooringLuxury Vinyl Plank
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 2442 S Black Horse Pike
Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleRanch/Rambler
CityWILLIAMSTOWN
Construction MaterialsFrame
Cool FuelElectric
CoolingNone
CountyGLOUCESTER
Directionsfrom the AC Expressway take exit 38 to sicklerville, make a right on 536 make a left on 322 S black horse pike property on LEFT
Garage Y/NNo
HeatingForced Air
Living Area2939
Lot Size Square Feet40500.00
Lot Size UnitsSquare Feet
MLS AreaMonroe Twp (20811)
MunicipalityMONROE TWP
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
NumberOfUnitsVacant1
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 3
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG178.63
Property ConditionVery Good, Major Rehab Needed
Property SubtypeTriplex
Property TypeMulti-Family
RoofShingle
School DistrictMONROE TOWNSHIP
SewerOn Site Septic
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount10529.0
Tax Assessed Value296100.0
Tax Year2018
Total SQFT2939
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1958
Year Built SourceEstimated
ZoningRES
Exterior for 2442 S Black Horse Pike
Foundation DetailsBrick/Mortar
Lot Size Acres0.93
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourceWell
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Charles Torres
Owner