Property

Pittsgrove, NJ 08318 1123 Almond

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Presented By: Keller Williams Prime Realty
  • MLS# NJSA2015456
  • 07/09/2025
  • Request Tour
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  • Beds • 8

Home Details

Quadplex in Pittsgrove Township! This turnkey quadplex checks all the boxes: high cap rate, immediate cash flow, no HOA or utility burdens, and an ideal tenant-friendly location. With rents totaling over $8,000/month and expenses under control, this is a rare opportunity to earn over $1,100/month net even with todays rates. Whether you're looking for a passive buy-and-hold or a high-equity, long-term strategy1123 Almond Road delivers All four townhome units feature 2 bedrooms, 1.5 bathrooms, and full, unfinished basements with washer & dryer hookups in each unitideal for long-term tenant appeal. The property offers paved parking and is tucked away in a quiet, private setting that backs to trees and a stream flowing into Parvin Lake. Located directly across from Pittsgrove Middle School and within walking distance to Parvin State Park, Centerton Inn, Andersons Country Store, and Centerton Pond, this location offers both convenience and charm. Whether you're a seasoned investor or new to multi-family properties, this is a strong cash-flowing asset with excellent long-term potential. Additional documents are available in the document section, including a full financial breakdown, cap rate details, and rental projectionseverything you need to evaluate this exceptional opportunity. Contact the listing agent today for more details or to schedule a private showing!
Presented By: Keller Williams Prime Realty

Interior Features for 1123 Almond

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementFull
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringCarpet, Ceramic Tile
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesBuilt-Ins, Family Room Off Kitchen, Floor Plan - Open
Total Stories2
Window FeaturesEnergy Efficient

General for 1123 Almond

AccessibilityNone
AppliancesRange Hood, Refrigerator, Microwave
Architectural StyleOther
CityPITTSGROVE
Construction MaterialsVinyl Siding, Brick
Cool FuelElectric
CoolingCentral A/C
CountySALEM
DirectionsTake W Landis Ave, NJ-55 N and W Garden Rd to Almond Rd in Pittsgrove
DisclosuresLead Based Paint - Federal, Prop Disclosure, Other
ExclusionsPersonal property
Garage Y/NNo
HeatingBaseboard - Electric
Lease TypeLong Term, Month to Month
Location TypeCreek/Stream
Lot Size Square Feet42689.00
Lot Size UnitsSquare Feet
MLS AreaPittsgrove Twp (21711)
ModificationTimestamp2025-08-11T15:46:07
MunicipalityPITTSGROVE TWP
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
NumberOfUnitsVacant1
One Bedroom Units Count
Operating Expense2100.00
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 3
OwnerPaysCommon Area Maintenance, Insurance, Lawn/Shrub Care, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG185.43
Property ConditionVery Good, Good
Property SubtypeQuadruplex
Property TypeMulti-Family
RoofPitched, Shingle
School DistrictPITTSGROVE TOWNSHIP PUBLIC SCHOOLS
SewerPrivate Sewer, On Site Septic
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount13497.0
Tax Assessed Value315900.0
Tax Lot00010
Tax Year2024
Total Actual Rent90000.00
Total SQFT4966
Trash Expense1620.00
Two Bedroom4
UtilitiesCable TV, Electric Available
Vacation Rental Y/NNo
ViewCreek/Stream, Street, Trees/Woods
Virtual TourClick here
Water Access Y/NYes
Year Built1974
Year Built SourceEstimated
ZoningR1

Exterior for 1123 Almond

Exterior AmenitiesExterior Lighting, Street Lights, Sidewalks
Foundation DetailsBlock
Land Assessed Value40400.00
Land Use Code
Lot Dimensions0.00 x 0.00
Lot FeaturesRear Yard
Lot Size Acres0.98
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesAsphalt Driveway, Free, General Common Elements, Paved Driveway, Paved Parking, Private, Secure Parking
PoolNo Pool
Type of ParkingParking Lot
Water Body TypeCreek
Water Oriented Y/NYes
Water SourcePrivate
Water View Y/NYes
Waterfront Y/NYes

Additional Details

Price History

Aneesa Pinheiro

Associate
Price $850,000
MLS#NJSA2015456
List Date 07/09/2025
Property Type Multi-Family
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