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$565,000
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Property Description
GREAT INVESTMENT OPPORTUNITY, IN UPPER PITTSGROVE - EXCELLANT INCOME-PRODUCING Duplex, on 3.9 Acres with Route 40 Frontage Well-maintained duplex situated on a spacious 3.9-acre lot with excellent frontage along Route 40 in Upper Pittsgrove. This income-producing property features two residential units plus a separately rented 4-car garage, creating multiple revenue streams. WELL, MAINTAINED! Unit 1 offers 2 bedrooms and 1 full bath and was updated in 2024. Unit 2 features 3 bedrooms and 1 full bath, and BASEMENT and underwent recent upgrades in 2025. Both units are equipped with central air conditioning and ceiling fans in every room for year-round comfort. TENANTS are responsible for their own gas and electric utilities, helping to minimize owner expenses. NEW SEPTIC BEING INSTALLED. The property also includes a detached 4-car garage that is rented separately, providing additional income potential. A new septic system will be installed prior to settlement, offering added value and peace of mind for the new owner. The expansive 3.9-acre parcel features a blacktop parking area and outstanding visibility along Route 40. With its prime location and road frontage, there may be potential to pursue a variance for commercial use (buyer to perform their own due diligence with local zoning authorities). Whether you're looking to expand your investment portfolio, generate strong rental income, or explore future development opportunities, this versatile property offers exceptional potential in a highly visible location.
Full Property Details
Full Property Details for 244 Route 40 E
General
- Price: $565,000
- Taxes: $7,435 (2025)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: NJSA2018678
- Updated: 8/16/2026
- Added to Site: 78 day(s) ago
Interior
- Flooring: Ceramic Tile, Luxury Vinyl Plank, Partially Carpeted
Parking
- Total Spaces: 5
- Parking Features: Asphalt Driveway
- Parking Type: Off Street, Parking Lot
Location
- Area: Upper Pittsgrove Twp (21714)
- Municipality: UPPER PITTSGROVE TWP
- County: SALEM
- Driving Directions: rt 55 south o exit 39B west, property on right# 244
School Information
- School District: Upper Pittsgrove Township Public Schools
- Elementary School: Upper Pittsgrove
- Middle School: Upper Pittsgrove M.S.
- High School: Woodstown H.S.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Cess Pool
- Water: Private
- Utility Description: Natural Gas Available, Electric Available, Cable TV
Structural Information
- Architectural Style: Ranch/Rambler
- Structure Type: Twin/Semi-Detached
- Construction: Aluminum Siding, Brick, Brick Front, Vinyl Siding
- Basement: Yes
- Basement Desc.: Connecting Stairway
- Foundation: Block
- Roof: Architectural Shingle, Pitched, Shingle
- Walls/Ceilings: Dry Wall, Paneled Walls
- Stories/Levels: 2
- Square Feet: 2,234
- Sq. Ft. Source: Estimated
- Living Area: 2,234 Sq. Ft.
- Finished Above Grnd: 2,234 Sq. Ft.
- Year Built: 1999
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 3.9
- Lot Size (Sq. Ft.): 169,884
- Lot Size Source: Estimated
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $252.91
- Assessment Year: 2025
- Tax w/Assessment: $240,000
- Tax Amount: $7,435
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: TENANTS PERSONAL ITEMS
- Inclusions: 2 STOVES, 2 WASHERS, 2 DRYERS, 2 REFRIGERATORS
- Lot Number: 51
Listed by Weichert Realtors-Mullica Hill, Warren B COLLINS I
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Price & Sales History for 244 Route 40 E
Date
Details
Price
Change
Source
8/16/2026
Price Reduced
$565,000
-1.74%
MLS
7/29/2026
Price Reduced
$575,000
-4.01%
MLS
7/19/2026
Price Reduced
$599,000
-7.7%
MLS
7/13/2026
Price Reduced
$649,000
-1.52%
MLS
6/30/2026
Price Reduced
$659,000
-2.37%
MLS
6/21/2026
Price Reduced
$675,000
-2.88%
MLS
6/12/2026
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 244 Route 40 E
244 Route 40 E, Newfield, NJ 08344 (MLS# NJSA2018678) is a Single Family property with 0 bedrooms and 0 full bathrooms. 244 Route 40 E is currently listed for $565,000 and was received on June 12, 2026. Want to learn more about 244 Route 40 E? Do you have questions about finding other Single Family real estate for sale in Newfield? You can browse all Newfield real estate or contact a Coldwell Banker agent to request more information.
