Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    46 Pittsfield St Pennsville, NJ 08070

    Sponsored
    For Sale
    $1,999,900

    Six-unit multi-family, turnkey investment

    Property size:
    10,584 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional six-unit townhome complex presents a compelling investment opportunity in the thriving Pennsville, NJ riverfront community. Situated on a 0.29-acre lot at 46 W Pittsfield Street, this turnkey property boasts 10,584 square feet of living space, offering immediate rental income and significant long-term growth potential. Each of the six townhomes features two bedrooms and two and a half bathrooms, providing ample living space for residents. Modern amenities abound, including luxury vinyl plank flooring (LVP), gas forced air heating, central air conditioning, and granite kitchen countertops. The kitchens are equipped with stainless steel appliances, and each unit also includes a washer and dryer. Additional features include a one-car garage and a climate-controlled storage room in each unit, 200-amp electrical service, efficient on-demand hot water heaters, and tilt-in windows. Residents enjoy stunning water views from their private decks, breathtaking sunsets, and convenient access to Riverview Beach Park. Pennsville's ongoing revitalization projects further enhance the property's value and ensure continued appreciation. Currently, all six units are rented, with tenants responsible for electricity, gas heat, cable, and internet. This property represents a rare opportunity to acquire a high-performing, well-maintained multi-family investment in a desirable location with strong future prospects. The asking price is $1,999,900.

    Property Features for 46 Pittsfield St

    General Information

    Property type
    Residential income properties
    Square Feet
    10,584 SF
    Lot Size
    12,632 SF

    Building Details

    Year Built
    2022
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Pennsville
    County
    Salem
    State
    New Jersey
    Longitude
    -75.52353
    Latitude
    39.65714

    Nearby Similar for Sale

    • $290,000
      0.28 Acres

      Pennsville Leased Investment Opportunity

      Leased, income-producing commercial building in Pennsville, NJ. Investment opportunity.
      364 S Broadway, Pennsville, NJ 08070
      View Details
    • $995,900
      2,200 SF

      Well-Maintained Commercial Property in PENNSVILLE

      Commercial property with new addition, service bays, and parking.
      406 S Broadway, Pennsville, NJ 08070
      View Details
    • $250,000

      Pennsville Office Condo For Sale

      Professional office condo in Pennsville, NJ, accessible to major routes.
      681 S Broadway Unit, Pennsville, NJ 08070
      View Details
    • New
      $399,000
      3,806 SF

      Tenant-Occupied Duplex Near Riverview Park

      Well-maintained duplex with expansion potential and river views.
      11-13 Front St, Pennsville, NJ 08070
      View Details
    • Contact for pricing

      Retail Space at Walmart Center

      Retail and pad sites available at Walmart anchored shopping center.
      709 S Broadway, Pennsville, NJ 08070
      View Details
    • $439,000
      3,025 SF

      Pennsville Office Building - Income Producing

      Leased Office Building, Strong Tenant
      364 Broadway, Pennsville, NJ 08070
      View Details
    • $895,000
      5,250 SF

      Pennsville Retail Investment Opportunity

      High-traffic retail building, excellent location.
      210-216 Broadway, Pennsville, NJ 08070
      View Details
    • $995,000
      9,999 SF

      Pennsville Mixed-Use Investment Opportunity

      Established Auto Sales Business w/ 3 Lots
      28 Broadway, Pennsville, NJ 08070
      View Details
    • Contact for pricing
      0.14 Acres

      Pennsville Commercial Workshop Space

      Double garage & workshop, electric available.
      178 Broadway, Pennsville, NJ 08070
      View Details
    • Contact for pricing
      0.78 Acres

      Pennsville Office Space - Highway Frontage

      High-traffic location, versatile office space, ample parking.
      285 Broadway, Pennsville, NJ 08070
      View Details
    • $225,000
      195 SF

      Pennsville Commercial Property Investment

      High-Visibility, Versatile Commercial Space
      398 Hook Rd, Pennsville, NJ 08070
      View Details
    • $995,000
      2,055 SF

      Pennsville Mixed-Use Investment Opportunity

      Established Auto Sales Business w/ 3 Lots
      18 Broadway, Pennsville, NJ 08070
      View Details

    FAQs

    What type of property is this?
    Residential income property - Six-unit multi-family, turnkey investment
    Where is this residential income property located?
    The property is located at 46 Pittsfield St Pennsville, NJ.
    What is the asking price?
    The asking price for this property is $1,999,900.
    (856) 678-5533
    Request Owner's contact information
    46 Pittsfield St Pennsville, NJ 08070
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    46 Pittsfield St
    Pennsville, NJ 08070
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    46 Pittsfield St Pennsville, NJ 08070
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.