Back 26 State St
Off Market

26 State St

Penns Grove NJ 08069

4
3360 sq. ft.
Duplex
Last sold for $277,000
John RinickJohn Rinick, last sold this property on 27 July 2025 after 290 days on market.

Overview

Investment Opportunity at 24-26 State St.! This quadplex is a fantastic addition to any investor’s portfolio, offering significant potential for value appreciation. All four units are spacious one-bedrooms, with two currently occupied and two recently renovated and vacant. Rents are well below market value, presenting an excellent opportunity to maximize cash flow with proper adjustments. The fair market rent (FMR) for this building is a minimum of $5,000/month, making it a strong income-generating asset. Please note: The owner is an investor who has never visited the property, and both the owner and agent make no guarantees. With a little vision and strategic updates, this property could be a high-performing addition to your client’s portfolio. Don’t miss out on this promising investment—schedule a viewing today!

Features

4 bedrooms
3360 sq. ft. floor area
Duplex

Estimated Value

We need at least 3 similar 4 bedroom duplexes sold in Penns Grove over the last 12 months.

Property history for 26 State St

2025
Rented
Undisclosed
15 Dec 2025 by HomeSmart First Advantage Realty
2025
Sold
$277,000
27 Jul 2025 by John Rinick, of Prime Realty Partners
2018
Sold
$165,000
03 Jan 2018 by Michael DeFillippis, of RE/MAX Connection-Mantua

Happy sellers in Penns Grove

94%
94% of sellers in Penns Grove reported that their sale price either exceeded or met their price expectations.

Penns Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Penns Grove over the last 12 months.

Local market activity for 4 bedroom duplexes in Penns Grove

In the last 12 months, 1 four-bedroom duplex similar to 26 State St, have been sold.

This represents a 100% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

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