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2442 S Black Horse Pike

Gloucester County NJ 08094

2939 sq. ft.
40500 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

2939 sq. ft. floor area
40500 sq. ft. lot size
Duplex

Property history for 2442 S Black Horse Pike

2019
Sold
$80,000
15 Nov 2019 by Mark Schneider, of Schneider Real Estate Agency
2015
Sold
$46,000
29 Jul 2015 by Monica Falciani, of A J Falciani Realty

Happy sellers in Gloucester County

88%
88% of sellers in Gloucester County reported that their sale price either exceeded or met their price expectations.

Gloucester County stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Gloucester County over the last 12 months.

Local market activity for duplexes in Gloucester County

In the last 12 months, 1 duplex similar to 2442 S Black Horse Pike, have been sold.

This represents a 92% increase in duplexes sales when compared to the previous 12 months.

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