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Richland, NJ Multifamily Properties for Sale

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Three Dilapidated Dwellings On One Lot
Updated: May 21
Three Dilapidated Dwellings On One Lot

228 LORRAINE Avenue, Richland, NJ 08350

$199,900
4,998 sqft 2.89 AC lot
Three existing old, dilapidated single‑family dwellings on one lot (sold strictly as‑is; major rehabilitation or rebuilding needed).
Pinelands approval for 2 or even 3 lot subdivision is noted; buyer would have to complete any required township approvals.
Build/rebuild options discussed: build or rebuild 1 home, or subdivide and rebuild 2 homes with township approval.
Architectural styles listed as ranch and bungalow; construction materials include block, combination, and frame.
Off‑street parking available.
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See what stands out in Atlantic County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Richland, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Landisville Duplex Investment Opportunity
Landisville Duplex Investment Opportunity

104 N Franklin Street, Landisville, NJ 08326

$375,000
2,048 sqft 0.34 AC lot

Income-producing duplex with tenant in place and development potential.

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Duplex with Separate Utilities
Duplex with Separate Utilities

104 N Franklin St, Landisville, NJ 08326

$375,000
2,048 sqft

Two residential units offer distinct bedroom configurations and separate utility service, with water and sewer shared.

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Mixed-Use Income Property
Mixed-Use Income Property

1071 E Landis Avenue, Vineland, NJ 08360

$1,495,000
3,966 sqft

Mixed-use building offering multifamily, office, and retail space totaling 3,966 SF.

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Garden-Style Apartment Property
Garden-Style Apartment Property

1047 E Park Ave, Vineland, NJ 08360

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Multifamily property combines garden-style apartments with a neighboring house and office structure.

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Off-Market Properties in Richland, NJ

Consider similar Off-Market properties in Richland, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

349 Cedar Ave
APARTMENT HOUSE (UNDER 5 UNITS)

349 Cedar Ave, Richland, NJ 08350-2408

$310,000
Estimated value
3,144 sqft 9.94 AC lot
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361 Cedar Ave
APARTMENT HOUSE (UNDER 5 UNITS)

361 Cedar Ave, Richland, NJ 08350-2461

$280,000
Estimated value
1,320 sqft 0.85 AC lot
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Richland, NJ Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Richland, NJ on our real estate platform. These investment opportunities span a total of 4,998 square feet of properties for sale, with an estimated market value of $199,900.

Sale prices for multifamily properties in Richland, NJ average $199,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 859
Population Growth (5Y) +36.6%
Median Household Income $152,525
College Educated 18.2%

High-Yield Neighborhoods for Investment

Identify Richland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
08350 $199.9K

Taxes & Financing

Tax Rate (average for all types) 2.93%
Property Tax per SF $95.85 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Atlantic County

New Delisted

Total CRE Inventory on Market (SF)

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