TURNKEY CASHFLOWING DUPLEX in NEWFIELD! This well-kept Buena Regional School District duplex has 2 bedrooms, 1 bathroom downstairs and 2 bedrooms, 1 bathroom upstairs. The total current rent roll is $2,956.00 per month, which comes to $35,472.00 annually, making this a very strong investment with great rental history. The tenants both also pay $25 per month each in additional rent (not included in the rent roll) to cover the water bill. The tenants both keep their units clean and tidy, and one unit is on an annual lease that runs through the end of the calendar year, while the other is month-to-month. Both units have their own electric and gas meters for easy utility management. The landlord is responsible for trash, taxes, and building insurance only, further increasing returns on a percentage and real dollar basis. Moreover, the property also includes a detached garage that can be rented separately for even more income. If you've been looking for a strong and stable multi-family property in a phenomenal location to start, add to, or diversify your investment portfolio, this is a strong option. Don’t miss this one!
Investment Opportunity in Upper Pittsgrove – Income-Producing Duplex on 3.9 Acres with Route 40 Frontage Well-maintained duplex situated on a spacious 3.9-acre lot with excellent frontage along Route 40 in Upper Pittsgrove. This income-producing property features two residential units plus a separately rented 4-car garage, creating multiple revenue streams. Unit 1 offers 2 bedrooms and 1 full bath and was updated in 2024. Unit 2 features 3 bedrooms and 1 full bath and underwent recent upgrades in 2025. Both units are equipped with central air conditioning and ceiling fans in every room for year-round comfort. Tenants are responsible for their own gas and electric utilities, helping to minimize owner expenses. The property also includes a detached 4-car garage that is rented separately, providing additional income potential. A new septic system will be installed prior to settlement, offering added value and peace of mind for the new owner. The expansive 3.9-acre parcel features a blacktop parking area and outstanding visibility along Route 40. With its prime location and road frontage, there may be potential to pursue a variance for commercial use (buyer to perform their own due diligence with local zoning authorities). Whether you're looking to expand your investment portfolio, generate strong rental income, or explore future development opportunities, this versatile property offers exceptional potential in a highly visible location.
Investor and owner-occupant opportunity in Newfield. This three-unit property sits on a deep, mature lot with a circular horseshoe driveway and a detached three-car garage with bonus storage above. Originally built in 1876, the home carries the kind of character that is almost impossible to replicate today, including divided-light French doors, five-panel solid wood doors, deep period trim and molding, built-in cabinetry, and a glass-front corner china cabinet detail. The three units offer a strong mix. You will find multiple full kitchens, generous living and dining spaces, and a blend of bedrooms across the building, several of them freshly painted with newer carpet and bright windows. The home features 5 bedrooms, 3 full baths, and 2 half baths in total. Highlights across the units include a classic clawfoot soaking tub, an updated marble-look tiled walk-in shower, an enclosed sunroom and a private rear screened porch, and a covered front porch that wraps the entry. The partially finished basement adds even more usable space and includes a summer kitchen and a brick hearth with woodstove, ideal for extended living, hobby space, or tenant storage. Whether you are looking to add a cash-flowing asset to your portfolio, house hack by living in one unit and renting the others, or reposition the building, the bones, the lot, and the location give you room to work. The property is being sold strictly as-is, with the buyer responsible for any and all certifications, inspections, and township requirements. Properties with this much square footage, this much character, and this much land do not come along often in Newfield. Bring your vision.
Newfield is located in New Jersey. Newfield, New Jersey has a population of 1,795. Newfield is less family-centric than the surrounding county with 29.22% of the households containing married families with children. The county average for households married with children is 32.18%.
The median household income in Newfield, New Jersey is $102,829. The median household income for the surrounding county is $93,208 compared to the national median of $69,021. The median age of people living in Newfield is 44.2 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 24 degrees. The average rainfall is approximately 46.2 inches per year, with 15.8 inches of snow per year.