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For sale
  • Price cut: $10K (7/15)
    $490,000

    228 Pleasant St E, Hammonton, NJ 08037

    5beds
    --baths
    2,272sqft
    : 
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    Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $216/sqft
    $-- HOA

    What's special

    Fully occupied duplex
    Exceptional Income-Producing Duplex with Bonus Vacant Lot — A Rare Hammonton Investment Opportunity! Investors, take note — this is the turnkey opportunity you have been waiting for. Presenting a fully occupied, income-generating duplex nestled in the heart of Hammonton, NJ, the celebrated "Blueberry Capital of the World" and one of South Jersey's most desirable and culturally rich communities. Both units are currently leased to responsible, long-term tenants in good standing, delivering immediate and stable cash flow from day one — no lease-up period, no vacancy risk, no waiting. This sale includes an additional adjacent vacant lot, offering exceptional value-add potential. Whether you envision a third rental unit, a garage structure, additional parking, or simply the benefit of holding extra land in a growing market, the possibilities are yours to explore. Opportunities like this — a cash-flowing property plus bonus land in a single acquisition — are extraordinarily rare. Why Hammonton? Situated strategically between Philadelphia and the Jersey Shore, Hammonton offers investors the best of both worlds: a tight-knit, walkable community with strong rental demand and outstanding regional connectivity. Residents enjoy direct access to the Atlantic City Expressway, the White Horse Pike (Route 30), and Route 206, while NJ Transit rail service links the town to both Philadelphia and Atlantic City — making it a commuter's haven and a perennial draw for quality tenants. The town itself is a gem — its vibrant Main Street District is lined with boutique shops, acclaimed Italian restaurants, art galleries, breweries, and distilleries. Hammonton hosts beloved annual events including the iconic Our Lady of Mount Carmel Festival, the longest-running Italian festival in the United States, drawing visitors from across the region year after year. The Hammonton School District is highly rated, and community anchors such as Hammonton Lake Park and the nearby Wharton State Forest provide residents with recreational amenities that consistently attract and retain long-term tenants. Investment Highlights: Fully occupied duplex with quality tenants in good standing Both units currently leased — immediate rental income at closing Adjacent vacant lot conveyed with the sale — significant upside potential Prime South Jersey location with strong and stable rental demand Convenient access to major highways and NJ Transit commuter rail Surrounded by shopping, dining, parks, and top-rated schools Median home values trending upward — a market gaining momentum Whether you are a seasoned portfolio investor or expanding your holdings in a high-demand market, this property checks every box. Strong income, bonus land, quality tenants, and an unbeatable location — all in one package. Do not miss this one. Schedule your private showing today.
    98 days
    |
    525
    |
    19
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenifer Raffa 856-872-4100,

    Sabal Real Estate

    Source: Bright MLS,MLS#: NJAC2023804MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Window Unit(s), Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • 2nd Kitchen
      • Has fireplace: No
      Interior area
      • Total structure area: 2,272
      • Total interior livable area: 2,272 sqft

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 5,227 Square Feet
      • Features: Corner Lot, SideYard(s)
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 130281300001
      • Zoning: RES
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Frame
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Electric: 150 Amps
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Location
      • Region: Hammonton
      • Municipality: HAMMONTON TOWN

      Financial & listing details

      • Price per square foot: $216/sqft
      • Tax assessed value: $160,600
      • Annual tax amount: $4,411
      • Date on market: 4/8/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,080/mo

        Price history

        DateEventPrice
        7/15/2026Price change$490,000-2%$216/sqft
        Source: Bright MLS #NJAC2023804 Report a problem
        4/8/2026Listed for sale$500,000+25%$220/sqft
        Source: Bright MLS #NJAC2023804 Report a problem
        8/14/2024Listing removed$399,900$176/sqft
        Source: Bright MLS #NJAC2013290 Report a problem
        7/19/2024Listed for sale$399,900+142.4%$176/sqft
        Source: Bright MLS #NJAC2013290 Report a problem
        7/2/2019Sold$165,000-12.2%$73/sqft
        Source: Public Record Report a problem
        3/15/2019Listed for sale$188,000$83/sqft
        Source: Century 21 Reilly Realtors #NJAC108346 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,420 $160,600
        2024$4,420 +0.2%$160,600
        2023$4,412 +0.5%$160,600
        2022$4,389 -3.6%$160,600
        2021$4,552 +0.4%$160,600 -4.1%
        2020$4,535 +0.5%$167,400
        2019$4,513 $167,400
        2018$4,513 +5.3%$167,400
        2017$4,287 +3%$167,400
        2016$4,162 -0.8%$167,400
        2015$4,195 +1.6%$167,400 +48%
        2014$4,127 +6%$113,100
        2013$3,895 +0.5%$113,100 +1.1%
        2012$3,875 +2.9%$111,900
        2011$3,765 +0.2%$111,900
        2010$3,758 +1.2%$111,900
        2009$3,712 +0.3%$111,900
        2008$3,701 -0.6%$111,900
        2007$3,724 $111,900
        2006-- $111,900
        2005-- $111,900
        2004-- $111,900
        2003-- $111,900
        2002-- $111,900
        2001-- $111,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 08037

        Getting around

        79 / 100
        Very Walkable
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Hammonton Town Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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