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Triplex Income Property
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Pending

223 40th St S, Brigantine, NJ 08203

Triplex currently tenant occupied on a 100-by-90 lot with potential to be subdivided into two lots.

Property SizeContact for details
Days on Market150

Property Features for 223 40th St S

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Berkshire Hathaway HomeServices Fox & Roach REALTORS Brigantine
Listed By: Lori Tofani · License #NJ 9806682
Source: Crexi
Added: Apr 11 Changed: Aug 27 Last Checked: Sep 7 at 1:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Fox & Roach REALTORS Brigantine

Investment Insights

Based on property information with market context.

This property is currently being used as a triplex and is tenant occupied. The parcel is described as a 100-by-90 lot, with options noted to subdivide it into two 50-by-90 lots.

Located on 40th St S in Brigantine’s South End, the property is marketed as being close to the beaches, restaurants, stores, and a community center.

For investors or buyers seeking multi-unit residential income, the existing triplex configuration provides an immediate rental setup while the lot size and subdivision options may support additional development scenarios, subject to applicable approvals.

Key Highlights

  • Triplex currently tenant occupied.
  • 100‑by‑90 lot size, currently used as a triplex.
  • Potential to be subdivided into two 50‑by‑90 lots.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Kitchen & Bath Showroom Plumbing Service Skin Care Clinic Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

425
Businesses Nearby

Demographics for 08203, NJ

7,725
Population
9,340
Households
0.8
Avg Household Size
56
Median Age
46%
College-Educated
93%
High-School Grad
6.6 sq mi
ZIP Area
1,170
Density / Sq Mi
$88,906
Median Household Income
$57,510
Median Earnings
$1,499
Median Rent
$485,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex currently tenant occupied on a 100-by-90 lot with potential to be subdivided into two lots.
Where is this triplex located?
The property is located at 223 40th St S Brigantine, NJ.
What are key features of this property?
This property features: Triplex currently tenant occupied.; 100‑by‑90 lot size, currently used as a triplex.; Potential to be subdivided into two 50‑by‑90 lots.
(609) 264-8444 Call to check price and availability
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