202 Foundry St, Florence, NJ 08518

Local realty services provided by:ERA Valley Realty
202 Foundry St,Florence, NJ 08518
$900,000
  • 7 Beds
  • - Baths
  • 3,888 sq. ft.
  • Multi-family
  • Active
Listed by:jonathan zachary benstead
Office:bhhs fox & roach-marlton
MLS#:NJBL2092754
Source:BRIGHTMLS

Price summary

  • Price:$900,000
  • Price per sq. ft.:$231.48

About this home

Investor Alert - Property was sold, but buyer's 1031 exhange fell through. Brand new, completely rebuilt 4-unit multifamily property! This FULLY occupied 4-unit Multifamily property in Florence, NJ at 202 Foundry Street presents an excellent investment opportunity. The property features four rental units with long-term tenants, offering one 3-Bedroom unit; one 2-Bedroom unit; & two 1-Bedroom units. Conveniently located near I-295 and the NJ Turnpike, it provides easy access to Philadelphia and New York City. Completely rebuilt property in 2021, including structure/framework, new roof, windows, mechanicals, and significant upgrades throughout each unit. With an Annual Rental Income exceeding $85,000, this property is a profitable investment for buyers seeking stable income. Ideal for seasoned investors or those starting their real estate portfolio, this property offers passive income and wealth-building potential. Don't miss out on owning this fully occupied Multifamily property

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Home facts

  • Year built:1940
  • Listing ID #:NJBL2092754
  • Added:326 day(s) ago
  • Updated:September 29, 2025 at 01:35 PM

Rooms and interior

  • Bedrooms:7
  • Living area:3,888 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Baseboard - Hot Water, Natural Gas

Structure and exterior

  • Year built:1940
  • Building area:3,888 sq. ft.
  • Lot area:0.06 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$900,000
  • Price per sq. ft.:$231.48
  • Tax amount:$12,541 (2024)

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