Duplex & Multi Family For Sale in Franklinville, NJ

Well-maintained duplex featuring two 2-bedroom units . Units B has been renovated and is vacant, offering an excellent opportunity for an owner-occupant or to lease at current market rents. Major improvements include a new roof with plywood sheathing (2018), both hot water heaters replaced (2018), and HVAC updates including a new motor, control board, and additional components on one heating system (2019). Exterior landscaping was completed in 2022. Additional 2024 improvements include a Visual Lead-Safe Certificate, fresh interior paint throughout the B unit , a rebuilt rear step with new threshold and railing, and concrete repairs. Both units have been professionally treated for pests on a monthly or bi-monthly schedule. A solid investment opportunity with strong maintenance history, immediate income, and a move-in-ready vacant unit.

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.