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For sale
  • Price increase: $5K (4/3)
    $299,999

    26 State St, Penns Grove, NJ 08069

    4beds
    --baths
    3,360sqft
    : 
    Quadruplex
    Built in 1945
    -- sqft lot
    $-- Zestimate®
    $89/sqft
    $-- HOA

    What's special

    Spacious one-bedrooms
    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!
    25 days
    on Zillow
    |
    743
    |
    54
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2025 at 01:03am

    Listed by:

    John Rinick 267-205-1824,

    Prime Realty Partners

    Source: Bright MLS,MLS#: NJSA2014366MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 26 State St.

    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,360
    • Total interior livable area: 3,360 sqft

    Property

    Parking
    • Parking features: Driveway, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Dimensions: 50.00 x 0.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 080006300010
    • Zoning: -
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: A-Frame
    • Property subtype: Quadruplex
    Materials
    • Block, Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1945

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Penns Grove
    • Municipality: PENNS GROVE BORO

    Financial & listing details

    • Price per square foot: $89/sqft
    • Tax assessed value: $140,300
    • Annual tax amount: $7,781
    • Date on market: 4/3/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Private Financing Available
    • Inclusions: All Appliances
    • Exclusions: Tenants Personal Property
    • Ownership: Fee Simple
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