SoldJul 27, 2025

Listed by John Rinick

Bought with Yekaterina Favorito from HomeSmart First Advantage Realty

Source: Bright MLS #NJSA2014366

26 State St, Penns Grove, NJ, 08069

$277,000

4
3360 sq. ft.

Duplex

30+ days on the market

Sold: Jul 27, 2025

What's around 26 State St

About this property

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!

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