Great opportunity for buyers or investors! This duplex in Carney’s Point offers a two-bedroom, one-bath unit on the first floor and a one-bedroom, one-bath unit upstairs, each with separate entrances and utilities. The property is slightly dated but well maintained, offering excellent potential for updates and added value. Perfect for owner-occupants looking to offset their mortgage or investors seeking steady rental income. Conveniently located near major highways, shopping, and area employers. Updated Photos coming soon!
**This property will be available on Saturday, April 19th, from 10:00-11:00 am for showings.** Great Investment opportunity! Gross rents are currently at $5250 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.