424 Trenton Rd, BROWNS MILLS, NJ 08015
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
424 Trenton Rd,BROWNS MILLS, NJ 08015
$1,275,000
- 11 Beds
- - Baths
- 6,000 sq. ft.
- Multi-family
- Active
Listed by:lukasz boczniewicz
Office:keller williams real estate-langhorne
MLS#:NJBL2096332
Source:BRIGHTMLS
Price summary
- Price:$1,275,000
- Price per sq. ft.:$212.5
About this home
Presenting an exceptional investment opportunity at 424 Trenton Road, this 9-unit multifamily property offers the perfect blend of stability and upside. Can be seen in Commercial Listing @ NJBL2084780. With 7 of the 9 units already fully remodeled and a brand new septic system installed in 2021, the heavy lifting has been done. The unique 5-building layout provides a private, residential feel that attracts a wide range of quality tenants.
Current ownership has meticulously managed major capital improvements, mitigating future risk for the next investor. The property features a diverse mix of studio, 1, 2, and 3-bedroom units. There is a clear and immediate path to increase cash flow by leasing two vacant units at market rent and raising the significantly under-market rent on the flagship 3-bedroom, 2-bath main house.
With a pro-forma cap rate of 6.19% and its strategic proximity to Joint Base McGuire-Dix-Lakehurst ensuring a consistent tenant pool, this property is a powerful addition to any investment portfolio. Don't miss this chance to acquire a stabilized, cash-flowing asset with tangible upside.
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Home facts
- Year built:1966
- Listing ID #:NJBL2096332
- Added:1 day(s) ago
- Updated:September 21, 2025 at 01:33 PM
Rooms and interior
- Bedrooms:11
- Living area:6,000 sq. ft.
Heating and cooling
- Cooling:Central A/C, Window Unit(s)
- Heating:Baseboard - Electric, Electric, Forced Air, Natural Gas
Structure and exterior
- Roof:Architectural Shingle, Flat
- Year built:1966
- Building area:6,000 sq. ft.
- Lot area:4.33 Acres
Utilities
- Water:Public
- Sewer:Private Septic Tank, Septic Exists
Finances and disclosures
- Price:$1,275,000
- Price per sq. ft.:$212.5
- Tax amount:$14,782 (2024)
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