88 Chestnut St Elmer, NJ 08318
Pittsgrove NeighborhoodEstimated payment $2,269/month
Total Views
172,675
--
Bed
--
Bath
1,824
Sq Ft
$172
Price per Sq Ft
About This Home
Adorable 4 Unit Multi-Family the historic town of Elmer, the property features two first floor single bed units with one unit (Unit D) having private deck for backyard enjoyment. Unit A offers a patio both units A & D have nicely paved walkways. Unit B & C are studio apartment accessible from the front entrance. Tenants enjoy spacious layouts, natural light, and off-street parking, all on a quiet, tree-lined residential street. Located close to downtown Elmer, schools, shopping, and commuter routes, this property is ideal for investors looking to expand their portfolio or house-hack by living in one unit and renting the rest. Don’t miss this opportunity to own a cash-flowing asset in a desirable South Jersey location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,415
Year Built
- Built in 1930
Lot Details
- 10,049 Sq Ft Lot
- Lot Dimensions are 60.00 x 167.50
Home Design
- Quadruplex
- Side-by-Side
- Frame Construction
Interior Spaces
- 1,824 Sq Ft Home
- Ceiling Fan
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Gravel Driveway
- On-Street Parking
- Parking Lot
Utilities
- Cooling System Utilizes Natural Gas
- Radiator
- Hot Water Heating System
- Natural Gas Water Heater
- Septic Tank
Community Details
- 4 Units
- 2 Vacant Units
Listing and Financial Details
- Tax Lot 00007
- Assessor Parcel Number 03-00015-00007
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $6,187 | $156,700 | $24,200 | $132,500 |
| 2023 | $6,187 | $156,700 | $24,200 | $132,500 |
| 2022 | $6,169 | $160,100 | $24,200 | $135,900 |
| 2021 | $5,818 | $160,100 | $24,200 | $135,900 |
| 2020 | $6,047 | $160,100 | $24,200 | $135,900 |
| 2019 | $5,818 | $160,100 | $24,200 | $135,900 |
| 2018 | $5,733 | $160,100 | $24,200 | $135,900 |
| 2017 | $5,000 | $160,100 | $24,200 | $135,900 |
| 2016 | $4,785 | $160,100 | $24,200 | $135,900 |
| 2015 | $4,478 | $160,100 | $24,200 | $135,900 |
| 2014 | $4,428 | $160,100 | $24,200 | $135,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Price Changed | $314,000 | -4.6% | $172 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $329,000 | -- | $180 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $285,000 | Coastal Title | |
| Deed | $285,000 | Coastal Title | |
| Deed | -- | None Listed On Document | |
| Deed | $49,500 | -- |
Source: Public Records
About the Listing Agent
Stewart Daniels is a seasoned real estate professional with over 16 years of industry experience, starting his career in the challenging 2008 real estate market. He brings a wealth of expertise in residential and REO sales, property management, and real estate portfolio building. As a Fannie Mae REO Broker since 2014, Stewart has developed a deep understanding of distressed property management and disposition, consistently securing the highest and best outcomes for his clients.
Stewart
Stewart's Other Listings
-
$209,000
- 3 Beds
- 1 Bath
- 1414 Osborne Dr
- Port Norris, NJ
This vacant property is ready for its next owner! Sold strictly as-is. Schedule your walkthrough today and submit your offer!
Stewart Daniels REMAX Pinnacle
Source: Bright MLS
MLS Number: NJSA2014506
APN: 03-00015-0000-00007
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