Investor opportunity in Newfield! 300 Salem Ave is a duplex featuring two separate units, each offering 2 bedrooms and 1 full bathroom. Both units are currently occupied by long-standing tenants on month-to-month leases who would like to remain, making this a great opportunity for an investor looking to add an income-producing property to their portfolio. Includes adjoining land lot at 364 Salem Ave, Vineland (#NJCB2033252) for a total of 1.18 acres. With tenants already in place, the property offers immediate rental potential along with the opportunity to make updates and improvements over time. The asking price reflects the current condition, giving the next owner room to add value and maximize the property's potential. Property is being sold strictly AS IS, with the seller making no repairs or improvements. Buyer is responsible for all inspections, certifications, and lender or municipal requirements. Seller is motivated and welcomes serious offers. Whether you're expanding an existing portfolio or looking for your next investment property, 300 Salem Ave is one to check out! Please DO NOT approach property with confirmed appointment with agent.
GREAT INVESTMENT OPPORTUNITY, IN UPPER PITTSGROVE – EXCELLANT 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. WELL, MAINTAINED! Unit 1 offers 2 bedrooms and 1 full bath and was updated in 2024. Unit 2 features 3 bedrooms and 1 full bath, and BASEMENT 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. NEW SEPTIC BEING INSTALLED. 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.
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.
