202 Foundry Street

Florence, NJ 08518

$900,000
Price
Beds
3,888 Sq. Ft.
$231 / Sq. Ft.
3,888
Sq. Ft.
$231
per Sq. Ft.

Description

Investor Alert - 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...Investor Alert - 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 in a prime location.
  1. Listed by Jonathan Zachary Benstead • BHHS Fox & Roach-Marlton
    P: (856)-465-9573 jonathan.benstead@foxroach.com

Property Details for 202 Foundry Street

Tax ID Number
15-00014-00001
Ownership
Fee Simple
Structure Type
Detached
Style
Dwelling with Rental
Waterfront
No
Garage
No
Municipality
FLORENCE TWP
Central Air
Yes
LISTING UPDATED: 11/08/2024 02:08 AM

Property Details for 202 Foundry Street

StatusActive
MLS #NJBL2075956
Days on Market8
Taxes$12,541 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1940
Lot Size0.06 AC / 2,640 SF
CountyBurlington County

Building Information for 202 Foundry Street

Stories-Residences4Year Built1940Building Size-Lot Size0.06 AC / 2,640 SF

Property Information for 202 Foundry Street

Location
Location
  • School District Name: FLORENCE TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396948
  • SchoolDistrictSource: Listing Agent
  • County: BURLINGTON
  • MLS Area: Florence Twp (20315)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $450,000
  • Year Assessed: 2024
  • Improvement Assessed Value: $399,500
  • Land Assessed Value: $50,500
  • Clean Green Assessed: No
  • Zoning: COMMERCIAL
  • Tax Lot: 00001
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,888.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Parcel ID: 1650644
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors

Property History for 202 Foundry Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 202 Foundry Street

Taxable ValueLand$50,500Additions$399,500Total$450,000
Tax Record2023$12,006 ($1,000 / month)
Home Facts
Beds0Total Finished SqFt3,888 SqFtAbove Grade Finished SqFt3,888 SqFtStories2Lot Size2,640 SqFtStyleSingle Family ResidenceYear Built1940CountyBURLINGTONAPN15 00014-0000-00001

Schools near 202 Foundry Street

This home is within Florence Township School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Rating
School
Distance
Number 5, Roebling Elementary School
PublicPK to 3

Riverfront School
Public4 to 8

Florence Twp Mem High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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202 Foundry Street is a multi-family home for sale in Florence, NJ 08518. This property was listed for sale on November 6, 2024 by BHHS Fox & Roach-Marlton, it's currently listed at $900,000. It has been on the market for a total of 8 days and was last sold on October 28, 2020. This listing's school district is Florence Township School District. Nearby schools include Number 5, Roebling Elementary School, Riverfront School and Florence Twp Mem High School. 202 Foundry Street is a 0-bed, 0-bath, 3,888 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Fox & Roach-Marlton

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.