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Fully Occupied Triplex
New
For Sale
$339,999

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 Market4

Property Features for 402 BILLINGSPORT

General Information

Standard status Active
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
Source: Patmckennarealtors
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 19 at 10:32AM

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

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.

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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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Hair Salon Auto Repair Shop Restaurant Building Supply Spa & Massage Center

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

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

91
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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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
More about this property
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