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For sale
  • Price cut: $16K (6/30)
    $659,000

    244 Route 40 E, Newfield, NJ 08344

    5beds
    --baths
    2,234sqft
    : 
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    Duplex
    Built in 1999
    -- sqft lot
    $637,500 Zestimate®
    $295/sqft
    $-- HOA

    What's special

    Well-maintained duplexBlacktop parking areaCentral air conditioningTwo residential units
    Investment Opportunity in Upper Pittsgrove – 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. Unit 1 offers 2 bedrooms and 1 full bath and was updated in 2024. Unit 2 features 3 bedrooms and 1 full bath 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. 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.
    31 days
    |
    311
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Warren COLLINS 609-364-3682,

    Weichert Realtors-Mullica Hill

    Source: Bright MLS,MLS#: NJSA2018678MLS Logo

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      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: $295/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

        $637,500

        $606,000 - $669,000

        $2,159/mo

        Price history

        DateEventPrice
        6/30/2026Price change$659,000-2.4%$295/sqft
        Source: Bright MLS #NJSA2018678 Report a problem
        6/21/2026Price change$675,000-2.9%$302/sqft
        Source: Bright MLS #NJSA2018678 Report a problem
        6/12/2026Listed for sale$695,000$311/sqft
        Source: Bright MLS #NJSA2018678 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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: 08344

        Getting around

        8 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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