This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$855,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Quadplex in Pittsgrove Township! This turnkey quadplex checks all the boxes: high cap rate, immediate cash flow, no HOA or utility burdens, and an ideal tenant-friendly location. With rents totaling over $8,000/month and expenses under control, this is a rare opportunity to earn over $1,100/month net even with today's rates. Whether you're looking for a passive buy-and-hold or a high-equity, long-term strategy-1123 Almond Road delivers All four townhome units feature 2 bedrooms, 1.5 bathrooms, and full, unfinished basements with washer & dryer hookups in each unit-ideal for long-term tenant appeal. The property offers paved parking and is tucked away in a quiet, private setting that backs to trees and a stream flowing into Parvin Lake. Located directly across from Pittsgrove Middle School and within walking distance to Parvin State Park, Centerton Inn, Anderson's Country Store, and Centerton Pond, this location offers both convenience and charm. Whether you're a seasoned investor or new to multi-family properties, this is a strong cash-flowing asset with excellent long-term potential. Additional documents are available in the document section, including a full financial breakdown, cap rate details, and rental projections-everything you need to evaluate this exceptional opportunity. Contact the listing agent today for more details or to schedule a private showing!
Full Property Details
Full Property Details for 1123 Almond
General
- Sold For: $855,000
- Taxes: $13,497 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: NJSA2015456
- Added to Site: 225 day(s) ago
Interior
- Interior Features: Built-Ins, Family Room Off Kitchen, Floor Plan - Open
- Appliances: Range Hood, Refrigerator, Microwave
- Flooring: Carpet, Ceramic Tile
Exterior
- Exterior Features: Exterior Lighting, Street Lights, Sidewalks
Parking
- Parking Features: Asphalt Driveway, Free, General Common Elements, Paved Driveway, Paved Parking, Private, Secure Parking
- Parking Type: Parking Lot
Location
- Area: Pittsgrove Twp (21711)
- Municipality: PITTSGROVE TWP
- County: Salem
- Cross Streets: Centerton
- Driving Directions: Take W Landis Ave, NJ-55 N and W Garden Rd to Almond Rd in Pittsgrove
- Location Details: Creek/Stream
School Information
- School District: Pittsgrove Township Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Private Sewer, On Site Septic
- Water: Private
- Utility Description: Cable TV, Electric Available
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Interior Row/Townhouse
- Construction: Vinyl Siding, Brick
- Basement: Yes
- Basement Desc.: Full
- Foundation: Block
- Roof: Pitched, Shingle
- Windows: Energy Efficient
- Stories/Levels: 2
- Square Feet: 4,966
- Sq. Ft. Source: Estimated
- Living Area: 4,584 Sq. Ft.
- Finished Above Grnd: 4,584 Sq. Ft.
- Year Built: 1974
- Year Built Source: Estimated
- Property Condition: Very Good, Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
- 2 Bedroom Units: 4
Unit 1
- Unit Description: Unit 1
- Bedrooms: 2
Unit 2
- Unit Description: Unit 2
- Bedrooms: 2
Unit 3
- Unit Description: Unit 3
- Bedrooms: 2
Unit 4
- Unit Description: Unit 4
- Bedrooms: 2
Lot Features
- Property View: Creek/Stream, Street, Trees/Woods
- Lot Size (Acres): 0.98
- Lot Size (Sq. Ft.): 42,689
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Rear Yard
- Zoning: R1
- Lot Description: Rear Yard
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Front Type: Creek
Financial Considerations
- Price Per Sq. Ft.: $185.43
- Operating Expenses: $2,100
- Assessment Year: 2024
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $315,900
- Tax Amount: $13,497
- Tax Year: 2024
- Terms: Standard Sale
- Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection
- Landlord Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Sewer Maintenance, Snow Removal, Taxes - Real Estate, Trash Collection
- Tax Total Finished Sq. Ft.: 4584
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Personal property
- Lot Number: 10
Listed by Keller Williams Prime Realty, Jennifer Ferrara
Sold by EXP Realty, LLC, Carlo Drogo Sr.
Get Pre-Approved Today
Schools
Schools serving 1123 Almond
School District:Pittsgrove Township School District
| Name | Grades | Distance |
|---|---|---|
Pittsgrove Twp Middle School 1082 Almond Road, Pittsgrove, NJ 08318 | 5-8 | 0.2 mi |
Olivet School 235 Sheep Pen Road, Pittsgrove, NJ 08318 | 2-4 | 1.7 mi |
Elmer Elementary School 207 Front Street, Elmer, NJ 08318 | K-1 | 4.7 mi |
Arthur P Schalick High School 718 Centerton Road, Pittsgrove, NJ 08318 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1123 Almond
Date
Details
Price
Change
Source
10/17/2025
Sold
$855,000
0.59%
MLS
8/11/2025
Price Reduced
$850,000
-10.53%
MLS
7/09/2025
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1123 Almond, Pittsgrove, NJ 08318 (MLS# NJSA2015456) is a Multi-Family property that was sold at $855,000 on October 17, 2025. Want to learn more about 1123 Almond? Do you have questions about finding other Multi-Family real estate for sale in Pittsgrove? You can browse all Pittsgrove real estate or contact a Coldwell Banker agent to request more information.
