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312 N 40th Street

Pennsauken, NJ 08110

– beds
– baths
3,000 sqft
10,999 sqft lot
$416 per sqft
1910 build

Excellent investment opportunity!!! Property includes x10 1 Bedroom units. Features brand new water heaters, recently serviced furnaces & solar panels on the roof!! Generate some serious income AND save money on electricity while the solar panels power the property's common areas!!! Many of the units have undergone complete renovations including updated flooring, granite countertops & a stainless steel appliance package. Private resident parking lot out front. Access to shared laundry in the basement. Great opportunity for landlords as Pennsauken does not require annual registration with the city, only a DCA. This property is too good to miss, schedule a showing before it's gone!!! **This property may be sold individually or in conjunction with the properties listed at 4106-4112 Federal St, Camden, NJ 08105 & 503 Delair Ave, Pennsauken, NJ 08110 for $4.75M for the portfolio.**

Listing courtesy of BRIGHT / Keller Williams - Main Street

Last checked: Checking… • Last updated May 2, 2024 •

MLS# NJCD2057720 —

The Building

Year Built:

1910
Year Built Source:

Estimated
New Construction:

No
Construction Materials:

Brick
Structure Type:

Detached
Architectural Style:

Contemporary
Building Units Total:

4
Accessibility Features:

None
Foundation Details:

Permanent
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Assessor

Interior

Fireplace:

No
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

3000
Living Area SqFt:

3,000 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

Take E Cuthbert Blvd to Wisteria Ave in Cherry Hill. Turn left onto Wisteria Ave. Continue on Lexington Ave. Take W Maple Ave, Federal St Opas and N 36th St to N 40th St in Camden. Turn left onto N 40th St and the property will be on the right.
Latitude:

39.95483017
Longitude:

-75.07243347

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Lot Size Units:

Square Feet
Lot Size Acres:

0.25
Lot Size Source:

Assessor
Lot Size Dimensions:

110.00 x 100.00
Lot Dimensions Source:

Assessor
Lot SqFt:

10,999 Sqft
Zoning:

RES
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

08-01020-00038
Tax Year:

2023
Tax Lot:

00038
Tax Annual Amount:

$14,083
Tax Assessed Value:

$411,200
Year Assessed:

2023
Total Taxes Payment Frequency:

Annually

The Listing

Buyer's Brokerage Compensation:

2.5%
Buyer Agency Comp Type:

% Of Gross
Buyer Agency Comp Selection:

Percent

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

Natural Gas
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Pennsauken Township Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

Parking Lot

Extra Units

Vacation Rental:

No
One Bedroom Units:

10

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/14/23 Dec 14, 2023	Price Changed	BRIGHT	$1,250,000	-73.7%
11/11/23 Nov 11, 2023	Listed / Active	BRIGHT	$4,750,000

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This multifamily located in Browning, Pennsauken, NJ 08110 is currently for sale for $1,250,000. 312 N 40th Street is a 3,000 square foot multifamily with – beds and – baths. 312 N 40th Street is in the Browning neighborhood of Pennsauken and has a WalkScore® of 64, making it somewhat walkable. This multifamily is in the attendance area of Dr. Henery H. Davis Elementary School, Woodrow Wilson High School, and East Camden Middle School.

Listing Courtesy of: BRIGHT and Keller Williams - Main Street.

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.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.