$815,000
SOLD MAR 12, 2026

202 Foundry St Florence, NJ 08518

Studio
-- Bath
3,888 Sq Ft
2,640 Sq Ft Lot Lot

Sale Details

Date Sold: March 12, 2026

$210 Per Sq Ft

9% Below List Price

201 on Market

Highlights

  • Central Air
  • Hot Water Baseboard Heater
  • 1-minute walk to R.d. Wood Park

About This Home

As of March 2026

Investor Alert - Property was sold, but buyer's 1031 exhange fell through. Brand new, completely rebuilt 4-unit multifamily property! This FULLY occupied 4-unit Multifamily property in Florence, NJ at 202 Foundry Street presents an excellent investment opportunity. The property features four rental units with long-term tenants, offering one 3-Bedroom unit; one 2-Bedroom unit; & two 1-Bedroom units. Conveniently located near I-295 and the NJ Turnpike, it provides easy access to Philadelphia and New York City. Completely rebuilt property in 2021, including structure/framework, new roof, windows, mechanicals, and significant upgrades throughout each unit. With an Annual Rental Income exceeding $85,000, this property is a profitable investment for buyers seeking stable income. Ideal for seasoned investors or those starting their real estate portfolio, this property offers passive income and wealth-building potential. Don't miss out on owning this fully occupied Multifamily property in a prime location.

Last Agent to Sell the Property

Sid Benstead

(856) 810-5300 sidbenstead@aol.com BHHS Fox & Roach-Marlton Brokerage Phone: 8568105300 Listed on: 07/21/2025

BHHS Fox & Roach-Marlton

Last Buyer's Agent

Marc Geller

(609) 890-3300 michelle.krzywulak@foxroach.com BHHS Fox & Roach - Robbinsville

BHHS Fox & Roach - Robbinsville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,541

Year Built

  • Built in 1940

Lot Details

  • 2,640 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • 3,888 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 15-00014-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,541

Year Built

Built in 1940

Lot Details

2,640 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 3888
  • Living Area Sq Ft: 3888
  • Price Per Sq Ft: 231.48
  • Above Grade Finished Sq Ft: 3888
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2640.00
  • Zoning: MULTIFAMILY

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 12541.00
  • Assessor Parcel Number: 15-00014-00001
  • Tax Lot: 00001
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2025
Closed on
Mar 8, 2026
Sold by
Mithil Poondla and Ramya Mithil
Bought by
4 Bs Realty Co Llc
Seller's Agent
Sid Benstead
BHHS Fox & Roach-Marlton
Buyer's Agent
Marc Geller
BHHS Fox & Roach - Robbinsville
List Price
$900,000
Sold Price
$815,000
Premium/Discount to List
-$85,000
-9.44%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
142.12%

Purchase Details

Closed on
Sep 7, 2022
Sold by
Mitra Properties Llc
Bought by
Poondla Mithil and Poondla Mithil Ramya

Purchase Details

Listed on
Jul 22, 2020
Closed on
Oct 28, 2020
Sold by
Kuwalczyk Steven and Kuwalczyk Erin
Bought by
Mitra Properties Llc
Seller's Agent
Brad Sasaki
RE/MAX World Class Realty
Buyer's Agent
Brad Sasaki
RE/MAX World Class Realty
List Price
$165,000
Sold Price
$120,000
Premium/Discount to List
-$45,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.77%
Original Mortgage
$200,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2019
Sold by
Florene Founty Llc
Bought by
Kowalczyk Steven and Brennen Erin

Purchase Details

Closed on
Jul 16, 2012
Sold by
Feola Louis M and Angelini James P
Bought by
Florence Founty Limited Liability Compan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $815,000 American Land Title
Warranty Deed -- --
Deed $120,000 Clear Skies Title Agency
Deed $70,000 Foundation Title Llc
Bargain Sale Deed $62,500 Sterling Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2026 03/12/26 Sold $815,000 -9.4% $210 / Sq Ft
03/12/2026 03/12/26 For Sale $900,000 0.0% $231 / Sq Ft
02/01/2026 02/01/26 Off Market $900,000 -- --
07/21/2025 07/21/25 For Sale $900,000 +650.0% $231 / Sq Ft
10/16/2020 10/16/20 Sold $120,000 -27.3% $31 / Sq Ft View Prior Sale
09/28/2020 09/28/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $165,000 +37.5% $42 / Sq Ft
09/04/2020 09/04/20 Off Market $120,000 -- --
07/22/2020 07/22/20 For Sale $165,000 -- $42 / Sq Ft
Source: Bright MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,542 $450,000 $50,500 $399,500
2024 $12,006 $450,000 $50,500 $399,500
2023 $12,006 $450,000 $50,500 $399,500
2022 $3,264 $125,000 $50,500 $74,500
2021 $3,235 $125,000 $50,500 $74,500
2020 $3,223 $125,000 $50,500 $74,500
2019 $3,194 $125,000 $50,500 $74,500
2018 $4,258 $168,100 $50,500 $117,600
2017 $4,206 $168,100 $50,500 $117,600
2016 $4,125 $168,100 $50,500 $117,600
2015 $4,041 $168,100 $50,500 $117,600
2014 $3,929 $168,100 $50,500 $117,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJBL2092754

Bright MLS

APN: 15-00014-0000-00001

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