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424 Trenton Rd, Browns Mills
$1,100,000
6,000 SqFt. ⋅ 4.33 Acres ⋅ NJBL2096332 MLS ⋅ 338 DOM ⋅ PENDING Status
Presenting a high-yield, stabilized investment opportunity at 424 Trenton Road. This 9-unit multifamily property is now 100% fully occupied and generating a confirmed 7.38% Cap Rate on actuals at the current asking price. We have moved past "pro-forma" projections; this asset offers immediate, proven cash flow from day one. Situated in a quiet, wooded setting in Browns Mills, the property offers convenient access to local amenities and major regional employers, including the nearby Joint Base McGuire-Dix-Lakehurst, ensuring consistent demand from a diverse tenant pool. Details available under the Commercial Listing can be seen at NJBL2084780 The heavy lifting has already been completed with major capital improvements, including a brand new septic system installed in 2021 and renovations on 7 of the 9 units. With the final unit recently leased, the property is fully stabilized with a strong, diverse unit mix consisting of two studios, four 1-bedroom units, two 2-bedroom units, and one 3-bedroom main house. The unique 5-building "village" configuration provides tenants with a private, residential feel that minimizes noise transfer and maximizes retention—a distinct competitive advantage over typical block-style apartments. BONUS VALUE-ADD: The property includes a 6th, standalone building (formerly 4 units verified in tax collectors records) currently in shell condition with water, gas, and electric run to the structure. This building is not connected to the new septic system and is offered strictly "as-is" with no representation of future use. It represents significant potential upside for a buyer willing to navigate township approvals for parking/septic independently, but the sale is not contingent on this development potential. Ideally situated for a 1031 Exchange or an investor seeking immediate yield with a "free option" for future expansion. Clean exit required; no seller financing available.

424 Trenton Rd, Browns Mills

448 Cornell Ave, Pemberton
$355,000
3 Beds ⋅ 2 Baths ⋅ 1,484 SqFt. ⋅ 0.22 Acres ⋅ NJBL2070062 MLS ⋅ 829 DOM ⋅ PENDING Status
Welcome to this beautifully renovated home in Pemberton, New Jersey! This charming property features three bedrooms and two bathrooms, perfect for a growing family or those looking for extra space. The home has been recently updated with modern finishes and fixtures, giving it a fresh and inviting feel. As you step inside, you'll be greeted by a spacious living area that is perfect for relaxing or entertaining guests. The kitchen boasts new appliances and plenty of counter space for meal preparation. The bedrooms are generously sized and offer ample closet space for storage. Outside, you'll find a large backyard that is perfect for enjoying the outdoors and hosting summer BBQs. The home is conveniently located near schools, parks, and shopping, making it the ideal place to call home. Don't miss out on the opportunity to make this stunning renovated home yours. Schedule a showing today and see all that this property has to offer!

448 Cornell Ave, Pemberton

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Information is deemed accurate but not guaranteed.

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