1123 Almond, PITTSGROVE, NJ 08318
Local realty services provided by:Better Homes and Gardens Real Estate Capital Area



1123 Almond,PITTSGROVE, NJ 08318
$850,000
- 8 Beds
- - Baths
- 4,584 sq. ft.
- Multi-family
- Active
Listed by:jennifer ferrara
Office:keller williams prime realty
MLS#:NJSA2015456
Source:BRIGHTMLS
Price summary
- Price:$850,000
- Price per sq. ft.:$185.43
About this home
Quadplex in Pittsgrove Township!
This turnkey quadplex checks all the boxes: high cap rate, immediate cash flow, no HOA or utility burdens, and an ideal tenant-friendly location. With rents totaling over $8,000/month and expenses under control, this is a rare opportunity to earn over $1,100/month net even with today’s rates. Whether you're looking for a passive buy-and-hold or a high-equity, long-term strategy—1123 Almond Road delivers
All four townhome units feature 2 bedrooms, 1.5 bathrooms, and full, unfinished basements with washer & dryer hookups in each unit—ideal for long-term tenant appeal.
The property offers paved parking and is tucked away in a quiet, private setting that backs to trees and a stream flowing into Parvin Lake. Located directly across from Pittsgrove Middle School and within walking distance to Parvin State Park, Centerton Inn, Anderson’s Country Store, and Centerton Pond, this location offers both convenience and charm.
Whether you're a seasoned investor or new to multi-family properties, this is a strong cash-flowing asset with excellent long-term potential.
Additional documents are available in the document section, including a full financial breakdown, cap rate details, and rental projections—everything you need to evaluate this exceptional opportunity.
Contact the listing agent today for more details or to schedule a private showing!
Contact an agent
Home facts
- Year built:1974
- Listing Id #:NJSA2015456
- Added:38 day(s) ago
- Updated:August 16, 2025 at 01:27 PM
Rooms and interior
- Bedrooms:8
- Living area:4,584 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Baseboard - Electric, Electric
Structure and exterior
- Roof:Pitched, Shingle
- Year built:1974
- Building area:4,584 sq. ft.
- Lot area:0.98 Acres
Utilities
- Water:Private
- Sewer:On Site Septic, Private Sewer
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$185.43
- Tax amount:$13,497 (2024)
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