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Multi-Family

701 Monmouth Road, Chesterfield

$469,000

Property Details Property Details
Discover the potential of this newly listed multi-family property, nestled in the heart of Crosswicks, NJ. This unique duplex, partially under renovation, includes a three-bedroom unit and a two-bedroom unit, each boasting a bathroom and separate gas and electric meters to ease management. Currently, the three-bedroom unit generates $1,400 in rental income but has the potential to fetch up to $2,500 monthly in the prevailing market. Spanning 2,400 square feet, the residence sits on a generously sized lot, promising ample outdoor space for relaxation or gatherings. Residents will enjoy the convenience of dedicated parking spaces, enhancing the appeal for potential renters. Situated near top-rated Northern Burlington County Regional High School and just a short drive from essentials at New Egypt Marketplace, this location effortlessly blends suburban tranquility with accessibility. Green Acres Park and efficient public transportation of E Main St at Fort Dix St bus station are also within easy reach, adding to the lifestyle benefits. Ideal for investors seeking to capitalize on rental income opportunities or multi-generational families looking for a versatile living arrangement. This property is a prime choice that combines convenience, potential, and a welcoming neighborhood vibe.

This listing is provided courtesy of WEICHERT REALTORS ASBURY GROUP-AC


Bedroom bedrooms

  • MLS #: 592066
  • Status: Active
  • Address: 701 Monmouth Road, Chesterfield, NJ 8515
  • Date Listed: 1/13/2025
  • Days on Market: 40

Location Location

Interior Features Interior Features
  • Heat System: Gas-Natural

Exterior Features Exterior Features
  • Parking: One Car
  • Exterior: Vinyl
  • New Construction: No

Additional Features Additional Features
  • County: Burlington
  • Property Type: Duplex
  • Waterfront Features: No
  • Water/Sewer: Public
  • Year Built: 1910
  • Lot Number: 13.03
  • Block Number: 1102
  • For Sale / Lease: For Sale
  • Taxes: 9195
  • 3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. All information deemed reliable, but not guaranteed. All properties are subject to change.