NJ
SALEM
NEWFIELD
08344
244 ROUTE 40 E
244 ROUTE 40 E, NEWFIELD, NJ 08344
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Listing Type
Multi Family
Listing Status
Active
19
$695,000

Home Details for 244 ROUTE 40 E

Price
$695,000
Type
Residential Income
Bedrooms
5
Square feet
2234
Year built
1999
Lot size acres
3.9
County
SALEM
MLS Listing#
NJSA2018678
Property Description

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.

Property Features
  • Utilities
    • Cable Available
    • Natural Gas Available
    • Electricity Available
  • Parking
    • Asphalt
    • Off Street
    • Parking Lot
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Natural Gas
    • Central
  • Water Features
    • Private
School Information
School Information for 244 ROUTE 40 E, NEWFIELD, NJ 08344
Elementary School
UPPER PITTSGROVE
Middle School
UPPER PITTSGROVE M.S.
High School
WOODSTOWN H.S.
Listing Courtesy: Weichert Realtors-Mullica Hill - 856-223-2600
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Last Updated: 2026-06-21 09:30:59
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