Rare 4 unit building for sale in Carneys Point. Landlord is leaving multiple units vacant so the new owner can place their own tenants. With two 3 bed 1 bath and two 2 bed 1 bath this is a cash flow opportunity. Great Investment opportunity! Potential rents are currently at $5500+ per month. Two 3 bed 1 bath units and 2 two bed 1 bath units located on the first floor. This building has had the majority of its major functions updated. The building had new electric ran to every unit in 2023/24, new windows in 2021/22, new roof in 2020, new hvac system in 2021/22. 2 of the units have had new kitchen and bathrooms installed. The building includes a large parking area in the rear for tenant parking. This building has had a state inspection in the last 6 months and the property management company has made all repairs requested by the state. Buyer to pay transfer tax
Carneys Point is located in New Jersey. Carneys Point, New Jersey has a population of 12,608. Carneys Point is less family-centric than the surrounding county with 21.85% of the households containing married families with children. The county average for households married with children is 25.35%.
The median household income in Carneys Point, New Jersey is $53,225. The median household income for the surrounding county is $67,898 compared to the national median of $69,021. The median age of people living in Carneys Point is 38.9 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 43.7 inches per year, with 12.8 inches of snow per year.
