26 State St Penns Grove, NJ 08069
Estimated payment $2,305/month
Total Views
10,320
--
Bed
--
Bath
3,360
Sq Ft
$89
Price per Sq Ft
About This Home
Investment Opportunity at 24-26 State St.!
This quadplex is a fantastic addition to any investor’s portfolio, offering significant potential for value appreciation. All four units are spacious one-bedrooms, with two currently occupied and two recently renovated and vacant.
Rents are well below market value, presenting an excellent opportunity to maximize cash flow with proper adjustments. The fair market rent (FMR) for this building is a minimum of $5,000/month, making it a strong income-generating asset.
Please note: The owner is an investor who has never visited the property, and both the owner and agent make no guarantees.
With a little vision and strategic updates, this property could be a high-performing addition to your client’s portfolio. Don’t miss out on this promising investment—schedule a viewing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,781
Year Built
- Built in 1945
Lot Details
- Lot Dimensions are 50.00 x 0.00
Home Design
- 3,360 Sq Ft Home
- Quadruplex
- A-Frame Home
- Block Foundation
- Vinyl Siding
Parking
- Driveway
- On-Street Parking
Utilities
- Forced Air Heating System
- Electric Water Heater
Community Details
- 4 Units
- 2 Vacant Units
Listing and Financial Details
- Tax Lot 00010
- Assessor Parcel Number 08-00063-00010
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | Pending | -- | -- | -- |
| 05/19/2025 05/19/25 | For Sale | $299,999 | 0.0% | $89 / Sq Ft |
| 04/20/2025 04/20/25 | Pending | -- | -- | -- |
| 04/03/2025 04/03/25 | For Sale | $299,999 | +81.8% | $89 / Sq Ft |
| 01/03/2018 01/03/18 | Sold | $165,000 | +6.5% | $60 / Sq Ft |
| 12/14/2017 12/14/17 | Pending | -- | -- | -- |
| 03/31/2016 03/31/16 | For Sale | $154,900 | -- | $56 / Sq Ft |
Source: Bright MLS
Similar Homes in Penns Grove, NJ
Source: Bright MLS
MLS Number: NJSA2014366
APN: 08 00063-0000-00010
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