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Sold for $855,000 on 10/17/25
  • $855,000

    1123 Almond Rd, Pittsgrove, NJ 08318

    8beds
    8baths
    4,584sqft
    Townhouse
    Built in 1974
    -- sqft lot
    $855,000 Zestimate®
    $187/sqft
    $1,923 Estimated rent

    Owner options

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    $1,923/mo

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    $1,923/mo

    Rent Zestimate®

    Refinance and save

    $6,341/mo

    Est. payment

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    $6,341/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 9 hours ago

    Listing updated: October 17, 2025 at 09:44am

    Listed by:

    Jennifer Ferrara 856-812-8198,

    Keller Williams Prime Realty

    Bought with:

    Carlo Drogo SR.

    EXP Realty, LLC

    Source: Bright MLS,MLS#: NJSA2015456MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Basement
    • Area: 382
    Heating
    • Baseboard, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Range Hood, Refrigerator, Microwave, Electric Water Heater
    Features
    • Built-in Features, Family Room Off Kitchen, Open Floorplan
    • Flooring: Carpet, Ceramic Tile
    • Windows: Energy Efficient
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 4,966
    • Total interior livable area: 4,584 sqft

    Property

    Parking
    • Parking features: Asphalt, Free, General Common Elements, Driveway, Paved, Private, Secured, Parking Lot
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Lighting, Street Lights, Sidewalks
    • Pool features: None
    • Has view: Yes
    • View description: Creek/Stream, Street, Trees/Woods
    • Has water view: Yes
    • Water view: Creek/Stream
    • Waterfront features: Creek/Stream
    • Frontage length: Water Frontage Ft: 50
    Lot
    • Size: 0.98 Acres
    • Features: Rear Yard
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 110170200010
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Townhouse
    Materials
    • Vinyl Siding, Brick
    • Foundation: Block
    • Roof: Pitched,Shingle
    Condition
    • Very Good,Good
    • New construction: No
    • Year built: 1974
    • Major remodel year: 2009

    Utilities & green energy

    • Sewer: Private Sewer, On Site Septic
    • Water: Private
    • Utilities for property: Cable Connected, Electricity Available

    Community & neighborhood

    Location
    • Region: Pittsgrove
    • Municipality: PITTSGROVE TWP

    HOA & financial

    Other financial information
    • Total actual rent: 96600

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Parking, Laundry
    • Ownership: Fee Simple
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
    $855,000
    2% more+$17,100
    With Zillow Showcase(estimated)$872,100