244 Route 40 E, Newfield, NJ 08344
Local realty services provided by:CENTURY 21 Reilly Realtors
244 Route 40 E,Newfield, NJ 08344
$695,000
- 5 Beds
- - Baths
- 2,234 sq. ft.
- Multi-family
- Active
Listed by: warren b collins i
Office: weichert realtors-mullica hill
MLS#:NJSA2018678
Source:BRIGHTMLS
Price summary
- Price:$695,000
- Price per sq. ft.:$311.1
About this home
Investment Opportunity in Upper Pittsgrove – 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.
Unit 1 offers 2 bedrooms and 1 full bath and was updated in 2024. Unit 2 features 3 bedrooms and 1 full bath 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.
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....
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Home facts
- Year built:1999
- Listing ID #:NJSA2018678
- Added:1 day(s) ago
- Updated:June 13, 2026 at 10:20 AM
Rooms and interior
- Bedrooms:5
- Flooring:Ceramic Tile, Luxury Vinyl Plank, Partially Carpeted
- Basement:Yes
- Basement Description:Connecting Stairway
- Living area:2,234 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Central, Natural Gas
Structure and exterior
- Roof:Architectural Shingle, Pitched, Shingle
- Year built:1999
- Building area:2,234 sq. ft.
- Lot area:3.9 Acres
- Architectural Style:Ranch/Rambler
- Construction Materials:Aluminum Siding, Brick, Brick Front, Vinyl Siding
- Foundation Description:Block
Schools
- High school:WOODSTOWN H.S.
- Middle school:UPPER PITTSGROVE M.S.
- Elementary school:UPPER PITTSGROVE
Utilities
- Water:Private
- Sewer:Cess Pool
Finances and disclosures
- Price:$695,000
- Price per sq. ft.:$311.1
- Tax amount:$7,435 (2025)
Features and amenities
- Amenities:120/240V, Cable TV, Electric Available, Natural Gas Available
Parking
- Parking description:Asphalt Driveway, Off Street, Parking Lot
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