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    701 Monmouth Rd Chesterfield, NJ 08515

    For Sale
    $299,000

    Duplex - Chesterfield, NJ

    Type:Duplex
    Property size:
    2,400 SF
    Days on Market:
    44
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 701 Monmouth Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    V3
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    2
    Exterior features
    Curbs, Sidewalks
    Size
    2,400 SF

    Utilities

    Heating system
    Oil

    Building Details

    Year built
    1910
    Number of units
    2

    WEICHERT REALTORS ASBURY GROUP-AC (609) 344-6200

    Listing agent Silvette Rivera (609) 344-6200 License #1864018

    Listing date Oct 23, 2025

    MLS# 592066 Listing URL

    Copyright © 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Partially Renovated Duplex in Chesterfield

    This partially renovated duplex in Chesterfield, NJ, presents a unique investment opportunity. The property features a 3-bedroom, 1-bathroom unit currently rented month-to-month for $1,412, and a vacant 2-bedroom, 1-bathroom unit. Both units have separate gas and electric meters. The 3-bedroom unit has a potential rent of up to $2,500. The property offers 2,400 square feet of living space on a large lot with ample yard space and dedicated parking. It includes a private well and septic system. The roof is reported to be in good condition with no known leaks, though the install date is unknown. The property is conveniently located near Northern Burlington County Regional HS, New Egypt Marketplace, parks, and public transit. This duplex is suitable for investors or multi-generational living.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Building Supply Dental Office Auto Repair Shop Wholesale Shop Hotel & Motel Skin Care Clinic Kitchen & Bath Food Market Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesterfield
    County
    Burlington
    State
    New Jersey
    Longitude
    -74.620448
    Latitude
    40.063464

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    FAQs

    What type of property is this?
    Duplex - Duplex with rental income potential in a convenient location.
    Where is this duplex located?
    The property is located at 701 Monmouth Rd Chesterfield, NJ.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Duplex featuring one unit currently rented at $1,412/month and a vacant unit for immediate rental income.; - Potential to increase rental income to $2,500/month for the 3BR unit.; - Spacious 2,400 sq ft home on a large lot with ample yard space and dedicated parking.
    (609) 344-6200
    Request Owner's contact information
    701 Monmouth Rd Chesterfield, NJ 08515
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    Chesterfield, NJ 08515
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Monmouth Rd Chesterfield, NJ 08515
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