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1123 Almond

Pittsgrove, NJ 08318

– beds
– baths
4,584 sqft
~1 acre lot
$207 per sqft
1974 build

Quadplex in Pittsgrove Township! This turnkey quadplex checks all the boxes: high cap rate, immediate cash flow, no HOA or utility burdens, and an ideal tenant-friendly location. With rents totaling $8,000/month and expenses under control, this is a rare opportunity to earn over $1,100/month net even with today’s rates. Whether you're looking for a passive buy-and-hold or a high-equity, long-term strategy—1123 Almond Road delivers All four townhome units feature 2 bedrooms, 1.5 bathrooms, and full, unfinished basements with washer & dryer hookups in each unit—ideal for long-term tenant appeal. The property offers paved parking and is tucked away in a quiet, private setting that backs to trees and a stream flowing into Parvin Lake. Located directly across from Pittsgrove Middle School and within walking distance to Parvin State Park, Centerton Inn, Anderson’s Country Store, and Centerton Pond, this location offers both convenience and charm. Whether you're a seasoned investor or new to multi-family properties, this is a strong cash-flowing asset with excellent long-term potential. Additional documents are available in the document section, including a full financial breakdown, cap rate details, and rental projections—everything you need to evaluate this exceptional opportunity. Contact the listing agent today for more details or to schedule a private showing!

Listing courtesy of BRIGHT / Keller Williams Prime Realty

Last checked: Checking… • Last updated Jul 12, 2025 •

MLS# NJSA2015456 —

The Building

Year Built:

1974
Year Built Source:

Estimated
Year Major Reno/Remodel:

2009
Roof:

Pitched, Shingle
New Construction:

No
Construction Materials:

Vinyl Siding, Brick
Building Levels:

2
Building Units Total:

4
Structure Type:

Interior Row/Townhouse
Architectural Style:

Other
Window Features:

Energy Efficient
Accessibility Features:

None
Foundation Details:

Block
Basement:

Yes
Basement Type:

Full
Total SqFt Source:

Estimated
Total Below Grade SqFt:

382
Total Below Grade SqFt Source:

Estimated
Tax Total Finished SqFt:

4584

Interior

Interior Features:

Built-Ins, Family Room Off Kitchen, Floor Plan - Open
Flooring Type:

Carpet, Ceramic Tile
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

4966
Living Area SqFt:

4,584 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

Take W Landis Ave, NJ-55 N and W Garden Rd to Almond Rd in Pittsgrove
Cross Street:

CENTERTON
Latitude:

39.52506000
Longitude:

-75.16640000
Location Type:

Creek/Stream

The Property

Property Subtype:

Quadruplex
Property Type:

Multi-Family
Property Condition:

Very Good, Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.98
Lot Size Source:

Assessor
Lot Size Dimensions:

0.00 x 0.00
Lot Dimensions Source:

Assessor
Lot Features:

Rear Yard
Lot SqFt:

42,689 Sqft
Exclusions:

Personal property
Zoning:

R1
View:

Creek/Stream, Street, Trees/Woods
Other Structures:

Above Grade, Below Grade
Waterview:

Yes
Waterfront:

Yes
Water Oriented:

Yes
Water Access:

Yes
Water Body Type:

Creek/Stream
Navigable Water:

No
Water Frontage In Feet:

50
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

11-01702-00010
Tax Year:

2024
Tax Lot:

00010
Tax Annual Amount:

$13,497
Tax Assessed Value:

$315,900
Year Assessed:

2024
Total Taxes Payment Frequency:

Annually

The Listing

Virtual Tour

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Baseboard - Electric
Heating Fuel:

Electric

Utilities

Utilities:

Cable TV, Electric Available
Sewer/Septic:

Private Sewer, On Site Septic
Hot Water:

Electric
Water Source:

Private

Appliances

Appliances:

Range Hood, Refrigerator, Microwave

Schools

School District Name:

Pittsgrove Township Public Schools
School District Source:

Listing Agent

The Community

Exterior Features:

Exterior Lighting, Street Lights, Sidewalks
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

Parking Lot
Parking Features:

Asphalt Driveway, Free, General Common Elements, Paved Driveway, Paved Parking, Private, Secure Parking

Extra Units

Other Units:

Unit 1,Unit 2,Unit 4,Unit 3
Vacation Rental:

No
Two Bedroom Units:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/9/25 Jul 9, 2025	Listed / Active	BRIGHT	$950,000

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This multifamily located in Pittsgrove, NJ 08318 is currently for sale for $950,000. 1123 Almond is a 4,584 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Norma Elementary School, Pittsgrove Township Middle School, Arthur P Schalick High School, and Olivet Elementary School.

Listing Courtesy of: BRIGHT and Keller Williams Prime Realty.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.