NJ
SALEM
PITTSGROVE
08318
1123 ALMOND Rd
1123 ALMOND Rd, PITTSGROVE, NJ 08318
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Listing Type
Multi Family
Listing Status
active
48
$850,000

Home Details for 1123 ALMOND Rd

Price
$850,000
Type
Residential Income
Bedrooms
8
Bathrooms
Square feet
4584
Year built
1974
Lot size acres
0.98
County
SALEM
Garage
Basement
Full
Days on site
42
MLS Listing#
NJSA2015456
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 over $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!

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Property Features
  • Parking
    • Asphalt
    • Private
    • Common
    • Paved
    • Secured
    • Parking Lot
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Electric
    • Baseboard
  • House Interior
    • Built-in Features
    • Open Floorplan
  • Utilities
    • Cable Available
    • Electricity Available
  • Waterfront and Water Access
    • Creek
  • Water Features
    • Private
  • Basement
    • Full
Listing Courtesy: Keller Williams Prime Realty - 856-362-5072
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 09:22:43
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Bright MLS.
EXIT HOMESTEAD REALTY PROFESSIONALS
365 Harding Highway, Pittsgrove, NJ 08318
Office
856 344 4663
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