Property

Newfield, NJ 08344 244 Route 40 E

244 Route 40 E Newfield, NJ - Image 1244 Route 40 E Newfield, NJ - Image 2244 Route 40 E Newfield, NJ - Image 3
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244 Route 40 E Newfield, NJ - Image 4244 Route 40 E Newfield, NJ - Image 5244 Route 40 E Newfield, NJ - Image 6244 Route 40 E Newfield, NJ - Image 7244 Route 40 E Newfield, NJ - Image 8244 Route 40 E Newfield, NJ - Image 9244 Route 40 E Newfield, NJ - Image 10244 Route 40 E Newfield, NJ - Image 11244 Route 40 E Newfield, NJ - Image 12244 Route 40 E Newfield, NJ - Image 13244 Route 40 E Newfield, NJ - Image 14244 Route 40 E Newfield, NJ - Image 15244 Route 40 E Newfield, NJ - Image 16244 Route 40 E Newfield, NJ - Image 17244 Route 40 E Newfield, NJ - Image 18
Presented By: Warren B COLLINS I with Weichert Realtors-Mullica Hill - 8562232600; ssparks@weichertrealtors.net
  • MLS# NJSA2018678
  • 06/12/2026
  • Request Tour
  • Request Info
  • Beds • 5

Home Details

GREAT INVESTMENT OPPORTUNITY, IN UPPER PITTSGROVE EXCELLANT 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. WELL, MAINTAINED! Unit 1 offers 2 bedrooms and 1 full bath and was updated in 2024. Unit 2 features 3 bedrooms and 1 full bath, and BASEMENT 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. NEW SEPTIC BEING INSTALLED. 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.
Presented By: Warren B COLLINS I with Weichert Realtors-Mullica Hill - 8562232600; ssparks@weichertrealtors.net

Interior Features for 244 Route 40 E

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceEstimated
BasementConnecting Stairway
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Luxury Vinyl Plank, Partially Carpeted
Furnished UnitsNone
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories2

General for 244 Route 40 E

Acceptable FinancingCash, Conventional, FHA
Accessibility2+ Access Exits
Architectural StyleRanch/Rambler
Association Recreation FeeN
CityNEWFIELD
Construction MaterialsAluminum Siding, Brick, Brick Front, Vinyl Siding
Cool FuelElectric
CoolingCentral A/C
CountySALEM
Directionsrt 55 south o exit 39B west, property on right# 244
DisclosuresHouse Code - Current License, House Code - Inspected, Lead Inspection Certificate Available, Lead Free Paint
Electric120/240V
ExclusionsTENANTS PERSONAL ITEMS
Garage Y/NNo
HeatingCentral
Historic Y/NNo
Home Warranty Y/NNo
Living Area2234
Lot Size Square Feet169884.00
Lot Size UnitsSquare Feet
MLS AreaUpper Pittsgrove Twp (21714)
MunicipalityUPPER PITTSGROVE TWP
New ConstructionNo
Number Of Units Total2
Number of Units Leased3
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 1
OwnershipFee Simple
Possession31-60 Days CD
Price Per Sq Ft Total AG248.43
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofArchitectural Shingle, Pitched, Shingle
School DistrictUPPER PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
SewerCess Pool
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeTwin/Semi-Detached
Tax Annual Amount7435.2
Tax Assessed Value240000.0
Tax Lot51
Tax Year2025
Total Actual Rent56400.00
Total SQFT2234
Two Bedroom1
UtilitiesNatural Gas Available, Electric Available, Cable TV
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1999
Year Built SourceEstimated
ZoningRESIDENTIAL

Exterior for 244 Route 40 E

Foundation DetailsBlock
Inclusions2 STOVES, 2 WASHERS, 2 DRYERS, 2 REFRIGERATORS
Land Assessed Value80100.00
Lot Size Acres3.90
Lot Size SourceEstimated
Navigable Water Y/NNo
Off Street - # of Spaces5
Parking FeaturesAsphalt Driveway
PoolNo Pool
SpaNo
Total Parking Spaces5
Type of ParkingOff Street, Parking Lot
Water Oriented Y/NNo
Water SourcePrivate
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Woodstown H.S.
Middle School Upper Pittsgrove M.S.
Elementary School Upper Pittsgrove Elementary School

Charles Torres

Owner
Price $555,000
MLS#NJSA2018678
List Date 06/12/2026
Property Type Multi-Family
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