Fully Occupied
For Sale
$339,999
Pending
402 BILLINGSPORT, Paulsboro, NJ 08066
Three separately metered residences with an established tenant base and a sizable rear lot.
Property Size2,684 SF
Days on Market50
Property Features for 402 BILLINGSPORT
General Information
Standard status
Pending
Size
2,684 SF
Property subtype
Triplex
Occupancy
100%
Financials
Asking Price
$339,999
Cap Rate
10.2%
Gross Income
$46,164
Units
Unit Mix
1 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
3
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$7,601
Building Details
Building Size
2,684 SF
Year Built
1900
Buildings
1
Tenancy
Multi
Listing Agency:
Opus Elite Real Estate
Listed By:
Garrett Smith
(610) 844-5245
Source:
Patmckennarealtors
Added: Sep 16
Changed: Oct 31
Last Checked: Nov 3 at 1:57PM
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 Opus Elite Real Estate
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Investment Insights
Based on property information with market context.
This 2,684-square-foot triplex, built in 1900, contains three occupied residences with separate utility metering. The front residence includes 1 bedroom and 1 full bathroom. A 2-bedroom, 1-bathroom unit is positioned at the rear, while the middle residence offers 3 bedrooms, 1 full bathroom, and staircase access to the attic. Water and sewer are paid by the landlord and total approximately $450 per quarter.
The property is located at 402 Billingsport in Paulsboro, New Jersey. A large rear lot accompanies the building and may provide future subdivision or development potential, subject to municipal review of zoning, approvals, and permitted use. The existing three-unit configuration offers an established multifamily operating arrangement with all residences currently rented.
The property is located at 402 Billingsport in Paulsboro, New Jersey. A large rear lot accompanies the building and may provide future subdivision or development potential, subject to municipal review of zoning, approvals, and permitted use. The existing three-unit configuration offers an established multifamily operating arrangement with all residences currently rented.
Key Highlights
- Three‑unit property with all residences currently rented
- 2,684 square feet; built in 1900
- Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom residences
Property Analytics
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Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
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Business Placement
Demographics for 08066, NJ
8,414
Population
3,605
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
1,237
Density / Sq Mi
$62,412
Median Household Income
$35,684
Median Earnings
$1,092
Median Rent
$166,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered residences with an established tenant base and a sizable rear lot.
Where is this triplex located?
The property is located at 402 BILLINGSPORT Paulsboro, NJ.
What is the asking price?
The asking price for this property is $339,999.
What are key features of this property?
This property features: Three‑unit property with all residences currently rented; 2,684 square feet; built in 1900; Unit mix includes 1‑bedroom, 2‑bedroom, and 3‑bedroom residences
