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Off market
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  • $404,900

    504 E Broad St, Gibbstown, NJ 08027

    3beds
    0baths
    3,572sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $404,900 Zestimate®
    $113/sqft
    $2,003 Estimated rent

    Home value

    $404,900

    $368,000 - $441,000

    $2,003/mo

    Zestimate® history
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    $2,897/mo

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    What's special

    An Absolute Money maker just hit the market! Check out this Quadplex with 3 Residential Rentals and 1 Storefront! Currently there are 2 units rented, 1st Floor 1 Bedroom unit has a tenant that has been there over 7 years ($770 a month) and unit 2B that is a 2 Bedroom unit being rented for $975 a month (Lease ends in October but would like to stay). There is another 1 bedroom unit upstairs that could be rented for about $975 and a large storefront with basement access for storage that could be rented for $1,100 a month or more! (Both units became vacant June 1st, 2022). Add it all together and you get $3,820 in income a month!!! Plus LOW Taxes ($6,200)!!!!! Everything in the building is electric and separated for each unit. There is also shared storage for units 2a & 2B upstairs and a very large attic that could also be used for additional storage with pull down stairs too. A full basement that is the footprint of the building which has access through the storefront and through bilco doors outside could be a separate income as well (Able to lock door from basement/store). So many possibilities for this gem! Schedule your appointment today! 2022-07-18

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 0
    Heating
    • Electric
    Interior area
    • Total interior livable area: 3,572 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 7,405 sqft
    Details
    • Parcel number: 0700151000000001

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Gibbstown

    Price history

    DateEventPrice
    8/1/2022Sold$279,900$78/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach #NJGL2017084_08027 Report a problem
    7/18/2022Pending sale$279,900$78/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #NJGL2017084 Report a problem
    6/24/2022Listed for sale$279,900$78/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #NJGL2017084 Report a problem
    6/20/2022Pending sale$279,900$78/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #NJGL2017084 Report a problem
    6/13/2022Listed for sale$279,900+133.4%$78/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #NJGL2017084 Report a problem
    2/4/2011Sold$119,900$34/sqft
    Source: Public Record Report a problem
    11/25/2010Listed for sale$119,900$34/sqft
    Source: Coldwell Banker Elite, Realtors #5803642 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,572 $132,800
    2024$4,572 +5.5%$132,800
    2023$4,332 -0.1%$132,800
    2022$4,335 +1.1%$132,800
    2021$4,289 -1.4%$132,800
    2020$4,352 +11.4%$132,800
    2019$3,905 $132,800
    2018$3,905 -4.3%$132,800
    2017$4,081 +3.3%$132,800
    2016$3,949 +4.5%$132,800
    2015$3,779 +2.1%$132,800
    2014$3,702 -16.2%$132,800
    2013$4,418 +17.7%$132,800 +25.5%
    2012$3,755 -2.7%$105,800
    2011$3,857 +5.1%$105,800
    2010$3,670 +8.4%$105,800
    2009$3,385 $105,800
    2008-- $105,800
    2007-- $105,800
    2006-- $105,800
    2005-- $105,800
    2004-- $105,800
    2003-- $105,800
    2002-- $105,800
    2001-- $105,800

    Find assessor info on the county website

    Neighborhood: 08027

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $404,900
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    Estimated market value
    $404,900