$249,999
COMING SOON AUG 15, 2025 RENTED MAY 31, 2025

204 206 S Broad St Penns Grove, NJ 08069

Estimated payment $1,752/month

Total Views 86
-- Bed
-- Bath
1,920 Sq Ft
1940 Built

About This Home

Investor alert! This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 full bathroom. Both units are currently rented at $1,500/month, providing a solid $3,000/month in gross rental income.
Each unit includes a private rear deck, giving tenants their own outdoor space and added privacy. The property is conveniently located near major highways, making it an attractive option for commuters and boosting long-term rental demand.
Whether you're looking to expand your investment portfolio or secure your first income property, this fully occupied duplex delivers immediate returns with minimal effort.

Listing Agent

Tamam Farhat

Keller Williams Realty - Cherry Hill Listed on: 08/05/2025

Keller Williams Realty - Cherry Hill

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,608

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 55.60 x 0.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • A-Frame Home
  • Aluminum Siding

Interior Spaces

  • 1,920 Sq Ft Home
  • Unfinished Basement
  • Sump Pump

Utilities

  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Coming Soon on 8/15/25
  • Tax Lot 00022
  • Assessor Parcel Number 08-00128-00022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,608

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: A-Frame
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 8/15/2025 12:00:00 AM
  • Year Built: 1940
  • Remarks Public: Investor alert! This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 full bathroom. Both units are currently rented at $1,500/month, providing a solid $3,000/month in gross rental income. Each unit includes a private rear deck, giving tenants their own outdoor space and added privacy. The property is conveniently located near major highways, making it an attractive option for commuters and boosting long-term rental demand. Whether you're looking to expand your investment portfolio or secure your first income property, this fully occupied duplex delivers immediate returns with minimal effort.
  • Special Features: ComingSoon

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Sump Pump, Unfinished
  • Total Sq Ft: 1920
  • Living Area Sq Ft: 1920
  • Price Per Sq Ft: 130.21
  • Above Grade Finished Sq Ft: 1920
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 204

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • 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: No
  • Cooling Fuel: Electric
  • Heating: Yes
  • Hot Water: Natural Gas

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 55.60 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4608.00
  • Assessor Parcel Number: 08-00128-00022
  • Tax Lot: 00022
  • Tax Total Finished Sq Ft: 1920
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 Rented $1,500 0.0% --
04/28/2025 04/28/25 For Rent $1,500 -- --
Source: Bright MLS

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Source: Bright MLS

MLS Number: NJSA2015828

Bright MLS