1123 Almond Rd Elmer, NJ 08318
This exceptional investment opportunity presents a four-unit townhome complex ideally situated in Pittsgrove Township, New Jersey, at 1123 Almond Rd, 08318. The property boasts a 0.98-acre lot and offers four identical units, each featuring two bedrooms and one and a half bathrooms. Each unit includes a full, unfinished basement equipped with washer and dryer hookups, providing ample storage and potential for future expansion or customization. The property benefits from paved parking directly in front, ensuring convenient access for residents. Its tranquil location backs onto a wooded area and a stream flowing into Parvin Lake, offering a peaceful and private setting. The strategic location across from Pittsgrove Middle School and within walking distance of Parvin State Park, The Centerton Inn, Anderson's Country Store, and Centerton Pond adds significant appeal to potential tenants. This turnkey quadplex presents a compelling investment opportunity with strong rental potential and a desirable location. The asking price for this property is $900,000. The square footage of the building is not currently available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.