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Request Info$525,000
ACTIVE
2442 S BLACK HORSE PIKE Overview
- Time on Site:
- 7 days
- Visits:
- 2
Excellent investment opportunity! Income-producing legal triplex offering nearly 3,000 square feet of living space and featuring three spacious 4-bedroom, 2-bathroom units. Two units are currently occupied and generating immediate rental income with leases in place at $2,500/month and $2,450/month, both extending for approximately another year. Two of the units have been extensively renovated, offering updated finishes and strong tenant appeal. The third unit requires a complete renovation, presenting significant upside potential for investors seeking to increase cash flow and value. Situated on a large lot with commercial zoning, this property offers flexibility and future development possibilities. Whether you're looking to expand your portfolio or capitalize on a value-add opportunity, this property delivers both current income and long-term potential.
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2442 S BLACK HORSE PIKE Facts & Features
- Type Multi-Family
- Sq. ft. 2,939
- Price/Sq.ft. $179
- Lot 0.93 Acres
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Pool: No Pool
- Total SQFT: 2939
- Year Built: 1958
Location/Region
- Country: US
- County: GLOUCESTER
- County Or Parish: GLOUCESTER
- MLS Area Major: Monroe Twp (20811)
Parking Information
- Type of Parking: Driveway
Tax Information
- Tax Annual Amount: $10,529.00
- Tax Assessed Value: 296100.00
- Tax Year: 2018
General Information
- Property Condition: Very Good,Major Rehab Needed
- Property Sub Type: Triplex
- Property Type: Multi-Family
- School District Name: MONROE TOWNSHIP
- Special Listing Conditions: Standard
- Vacation Rental: No
- Zoning: RES
Unit Information
- Other Units: Unit 1,Unit 2,Unit 3
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
Parking Information
- Garage: No
Building Exterior/Construction
- Structure Type: Detached
Building Interior
- Above Grade Finished Area: 2939
- Above Grade Finished Area Source: Estimated
- Above Grade Finished Area Units: Square Feet
- Central Air: No
- Hot Water: Natural Gas
General Information
- Accessibility Features: None
- Cooling: None
- Flooring: Luxury Vinyl Plank
- Foundation Details: Brick/Mortar
- Living Area: 2939
- Living Area Source: Estimated
Unit Information
- One Bedroom Units Count: 0
- Single Room Units Count: 0
- Three Bedroom Units Count: 0
- Two Bedroom Units Count: 0
Exterior
Lot Information
- Lot Size Acres: 0.93
- Lot Size Source: Estimated
- Lot Size Square Feet: 40500.00
- Lot Size Units: Square Feet
- Water Source: Well
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Architectural Style: Ranch/Rambler
- Construction Materials: Frame
- Roof: Shingle
General Information
- Number Of Units Leased: 3
- Number Of Units Total: 3
- Number Of Units Vacant: 1
- Other Structures: Above Grade
- Sewer: On Site Septic
- Water Access: No
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 4
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 4
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 4
2442 S BLACK HORSE PIKE Neighborhood
Community
08094 (WILLIAMSTOWN) Demographics
40
Median Age
750
Population Density (per sq. mile)
36%
College Educated
$82,420
Estimated Median Income
12,878
Estimated Total Home Owners
2,194
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
2442 S BLACK HORSE PIKE Monthly Cost
2442 S BLACK HORSE PIKE Market Data
Based on the last 30 days in this zip code
$381,382
Average List Price
$213
Average Price per Square Foot
33
Properties Sold
75
Average Days on Market
187
Properties for Sale
2442 S BLACK HORSE PIKE History
| Date | Value | Agent |
|---|---|---|
| 6/23/2026Source: BRIGHT MLS | June 23, 2026 |
Valerie Yosef Listing Agent |
| 12/3/2024Source: BRIGHT MLS | August 10, 2021 |
|
| 12/3/2024Source: BRIGHT MLS | August 13, 2021 |
Listing provided courtesy of BHHS Fox & Roach-Cherry Hill- MLS# NJGL2074970
Contact Information: 8564288000
Contact Information: 8564288000