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$815,000
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Property Description
Investor Alert - Property was sold, but buyer's 1031 exhange fell through. Brand new, completely rebuilt 4-unit multifamily property! This FULLY occupied 4-unit Multifamily property in Florence, NJ at 202 Foundry Street presents an excellent investment opportunity. The property features four rental units with long-term tenants, offering one 3-Bedroom unit; one 2-Bedroom unit; & two 1-Bedroom units. Conveniently located near I-295 and the NJ Turnpike, it provides easy access to Philadelphia and New York City. Completely rebuilt property in 2021, including structure/framework, new roof, windows, mechanicals, and significant upgrades throughout each unit. With an Annual Rental Income exceeding $85,000, this property is a profitable investment for buyers seeking stable income. Ideal for seasoned investors or those starting their real estate portfolio, this property offers passive income and wealth-building potential. Don't miss out on owning this fully occupied Multifamily property in a prime location.
Full Property Details
Full Property Details for 202 Foundry St
General
- Sold For: $815,000
- Taxes: $12,541 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: NJBL2092754
- Added to Site: 246 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: Florence Twp (20315)
- Municipality: FLORENCE TWP
- County: BURLINGTON
- Driving Directions: Use GPS
School Information
- School District: Florence Township Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Other
- Construction: Brick
- Square Feet: 3,888
- Sq. Ft. Source: Assessor
- Living Area: 3,888 Sq. Ft.
- Finished Above Grnd: 3,888 Sq. Ft.
- Year Built: 1940
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,640
- Lot Size Source: Assessor
- Zoning: MULTIFAMILY
Financial Considerations
- Price Per Sq. Ft.: $231.48
- Assessment Year: 2024
- County Tax Freq: Annually
- Tax w/Assessment: $450,000
- Tax Amount: $12,541
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3888
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 1
Listed by BHHS Fox & Roach-Marlton, Sidney Benstead
Sold by BHHS Fox & Roach - Robbinsville, Marc Geller
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Schools
Schools serving 202 Foundry St
School District:Florence Township School District
| Name | Grades | Distance |
|---|---|---|
Riverfront School 500 East Front Street, Florence, NJ 08518 | 4-8 | 1.1 mi |
Number 5, Roebling Elementary School 1330 Hornberger Ave, Florence, NJ 08554 | PK-3 | 2 mi |
Florence Twp Mem High School 1050 Cedar Lane, Burlington, NJ 08016 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 202 Foundry St
Date
Details
Price
Change
Source
3/12/2026
Sold
$815,000
-9.44%
MLS
7/21/2025
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
202 Foundry Street, Florence, NJ 08518 (MLS# NJBL2092754) is a Multi-Family property that was sold at $815,000 on March 12, 2026. Want to learn more about 202 Foundry Street? Do you have questions about finding other Multi-Family real estate for sale in Florence? You can browse all Florence real estate or contact a Coldwell Banker agent to request more information.

