424 Trenton Rd, Browns Mills, NJ 08015

Local realty services provided by:ERA Central Realty Group
424 Trenton Rd,Browns Mills, NJ 08015
$1,275,000
  • 11 Beds
  • - Baths
  • 6,000 sq. ft.
  • Multi-family
  • Active
Listed by:lukasz boczniewicz
Office:keller williams real estate-langhorne
MLS#:NJBL2096332
Source:BRIGHTMLS

Price summary

  • Price:$1,275,000
  • Price per sq. ft.:$212.5

About this home

Presenting an exceptional investment opportunity at 424 Trenton Road, this 9-unit multifamily property offers the perfect blend of stability and upside. Can be seen in Commercial Listing @ NJBL2084780. With 7 of the 9 units already fully remodeled and a brand new septic system installed in 2021, the heavy lifting has been done. The unique 5-building layout provides a private, residential feel that attracts a wide range of quality tenants. Current ownership has meticulously managed major capital improvements, mitigating future risk for the next investor. The property features a diverse mix of studio, 1, 2, and 3-bedroom units. There is a clear and immediate path to increase cash flow by leasing two vacant units at market rent and raising the significantly under-market rent on the flagship 3-bedroom, 2-bath main house. With a pro-forma cap rate of 6.19% and its strategic proximity to Joint Base McGuire-Dix-Lakehurst ensuring a consistent tenant pool, this property is a powerful

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Home facts

  • Year built:1966
  • Listing ID #:NJBL2096332
  • Added:8 day(s) ago
  • Updated:September 28, 2025 at 01:29 PM

Rooms and interior

  • Bedrooms:11
  • Living area:6,000 sq. ft.

Heating and cooling

  • Cooling:Central A/C, Window Unit(s)
  • Heating:Baseboard - Electric, Electric, Forced Air, Natural Gas

Structure and exterior

  • Roof:Architectural Shingle, Flat
  • Year built:1966
  • Building area:6,000 sq. ft.
  • Lot area:4.33 Acres

Utilities

  • Water:Public
  • Sewer:Private Septic Tank, Septic Exists

Finances and disclosures

  • Price:$1,275,000
  • Price per sq. ft.:$212.5
  • Tax amount:$14,782 (2024)

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