1. New Jersey
  2. Pittsgrove
  3. 1123 ALMOND
$950,000

1123 ALMOND, Pittsgrove, NJ 08318

  • 4,584 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1974
  • Property Lot Size Icon0.98acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $207/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

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 $8,000/month and expenses under control, this is a rare opportunity to earn over $1,100/month net even with today’s rates. Whether you're looking for a passive buy-and-hold or a high-equity, long-term strategy—1123 Almond Road delivers All four townhome units feature 2 bedrooms, 1.5 bathrooms, and full, unfinished basements with washer & dryer hookups in each unit—ideal 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, Anderson’s 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 projections—everything you need to evaluate this exceptional opportunity. Contact the listing agent today for more details or to schedule a private showing!

Listing Status:
Active
Date Added:
July 10, 2025 at 05:00AM
Listing Office:
Keller Williams Prime Realty : 8563625072
Listing Agent:
Jennifer Ferrara : 8568128198
MLS ID:
NJSA2015456
  • General: Built-InsFamily Room Off KitchenFloor Plan - Open
  • Appliances: Range HoodRefrigeratorMicrowave
  • Basement: Full
  • Flooring: CarpetCeramic tile
  • A/C: Central A/C
  • Heating: Baseboard - ElectricElectric
  • Disability Feature: None

This listing courtesy of Jennifer Ferrara, Keller Williams Prime Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pittsgrove Township Middle School

1082 Almond Rd, Elmer, NJ, 08318

Grades 5-8

0.20 miles away

P

Pittsgrove Township Middle School

1082 Almond Rd, Elmer, NJ, 08318

Grades 5-8

0.20 miles away

A

Arthur P. Schalick High School

718 Centerton Rd, Elmer, NJ, 08318

Grades 9-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.