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Property profile & analytics
OFF-MARKET
Multifamily properties

46 Pittsfield St Pennsville, NJ 08070

10,584 SF 0.29 ac lot Built 2022
Property ID
US59-1251143
Property summary
AI-generated overview

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 profile
Verified
Property type Multifamily properties
Year built 2022
Total area 10,584 SF
Lot 0.29 ac (12,632 SF)
UPID US59-1251143
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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