GREAT INVESTMENT OPPORTUNITY, IN UPPER PITTSGROVE – EXCELLANT INCOME-PRODUCING Duplex, on 3.9 Acres with Route 40 Frontage Well-maintained duplex situated on a spacious 3.9-acre lot with excellent frontage along Route 40 in Upper Pittsgrove. This income-producing property features two residential units plus a separately rented 4-car garage, creating multiple revenue streams. WELL, MAINTAINED! Unit 1 offers 2 bedrooms and 1 full bath and was updated in 2024. Unit 2 features 3 bedrooms and 1 full bath, and BASEMENT and underwent recent upgrades in 2025. Both units are equipped with central air conditioning and ceiling fans in every room for year-round comfort. TENANTS are responsible for their own gas and electric utilities, helping to minimize owner expenses. NEW SEPTIC BEING INSTALLED. The property also includes a detached 4-car garage that is rented separately, providing additional income potential. A new septic system will be installed prior to settlement, offering added value and peace of mind for the new owner. The expansive 3.9-acre parcel features a blacktop parking area and outstanding visibility along Route 40. With its prime location and road frontage, there may be potential to pursue a variance for commercial use (buyer to perform their own due diligence with local zoning authorities). Whether you're looking to expand your investment portfolio, generate strong rental income, or explore future development opportunities, this versatile property offers exceptional potential in a highly visible location.
For sale
Price cut: $10K (8/30)
$555,000
244 Route 40 E, Newfield, NJ 08344
5beds
--baths
2,234sqft
Duplex
Built in 1999
-- sqft lot
$544,600 Zestimate®
$248/sqft
$-- HOA
What's special
Well-maintained duplexBlacktop parking areaCentral air conditioningTwo residential units
- 81 days
- 288
- 7
Zillow last checked:
Listing updated:
Listed by:
Warren COLLINS 609-364-3682,
Weichert Realtors-Mullica Hill
Source: Bright MLS,MLS#: NJSA2018678
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Dry Wall, Paneled Walls
- Flooring: Ceramic Tile, Luxury Vinyl, Carpet
- Basement: Connecting Stairway
- Has fireplace: No
Interior area
- Total structure area: 2,234
- Total interior livable area: 2,234 sqft
Property
Parking
- Total spaces: 5
- Parking features: Asphalt, Off Street, Parking Lot
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 3.9 Acres
Details
- Additional structures: Above Grade
- Parcel number: 14000050051
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch/Rambler
- Property subtype: Duplex
Materials
- Aluminum Siding, Brick, Brick Front, Vinyl Siding
- Foundation: Block
- Roof: Architectural Shingle,Pitched,Shingle
Condition
- New construction: No
- Year built: 1999
- Major remodel year: 2025
Utilities & green energy
- Electric: 120/240V
- Sewer: Cesspool
- Water: Private
- Utilities for property: Natural Gas Available, Electricity Available, Cable Connected, Cable
Community & HOA
Location
- Region: Newfield
- Municipality: UPPER PITTSGROVE TWP
Financial & listing details
- Price per square foot: $248/sqft
- Tax assessed value: $240,000
- Annual tax amount: $7,435
- Date on market: 6/12/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Inclusions: 2 Stoves, 2 Washers, 2 Dryers, 2 Refrigerators
- Exclusions: Tenants Personal Items
- Ownership: Fee Simple
- Total actual rent: 56400
Estimated market value
$544,600
$517,000 - $572,000
$2,141/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Price change | $555,000-1.8%$248/sqft |
Source: | ||
| 8/16/2026 | Price change | $565,000-1.7%$253/sqft |
Source: | ||
| 7/29/2026 | Price change | $575,000-4%$257/sqft |
Source: | ||
| 7/19/2026 | Price change | $599,000-7.7%$268/sqft |
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| 7/13/2026 | Price change | $649,000-1.5%$291/sqft |
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| 6/30/2026 | Price change | $659,000-2.4%$295/sqft |
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| 6/21/2026 | Price change | $675,000-2.9%$302/sqft |
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| 6/12/2026 | Listed for sale | $695,000$311/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 08344
Nearby schools
Schools provided by the listing agent
- Elementary: Upper Pittsgrove
- Middle: Upper Pittsgrove M.s.
- High: Woodstown H.s.
- District: Upper Pittsgrove Township Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







