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For sale by owner
  • $365,000

    615 Central Ave, Runnemede, NJ 08078

    4beds
    1,224sqft
    : 
    $2,898/mo
    Get pre-qualified
    MultiFamily
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $298/sqft
    $-- HOA

    Overview

    MULTIFAMILY HOME FOR SALE BY OWNER – $365,000 OPEN HOUSE – Saturday, September 12 | 12:00 PM – 4:00 PM We’ll be hosting an Open House this Saturday and plan to select a buyer that day. If you’re interested in the property, this is the perfect opportunity to come see it in person and submit your best offer. Great opportunity for an owner-occupant or investor! This two-family property features: • 1st Floor Apartment: 3 bedrooms, 1 bathroom — currently rented for $2,075/month • 2nd Floor Apartment: 1 bedroom, 1 bathroom — currently vacant, previously rented for $1,500/month Central A/C for the second floor. This is a great opportunity to live in the vacant unit while collecting rental income from the first floor, or rent out both units and use the property as an investment. Based on the previous rent for the second unit, the property has the potential to generate approximately $3,575/month in total rental income when fully occupied. Located in Runnemede, NJ, with convenient access to Philadelphia, major highways, shopping, restaurants, and Philadelphia International Airport. Asking Price: $365,000 For Sale By Owner Ideal for a buyer looking to offset their mortgage with rental income or an investor looking for a multifamily property with strong income potential. Sale As IS.
    17 days
    795
    52
    Listed by:

    Property Owner (908) 838-6327

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Appliances
      • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
      Features
      • Flooring: Hardwood
      • Basement: Partially finished
      Interior area
      • Total interior livable area: 1,224 sqft

      Property

      Parking
      • Parking features: Garage - Detached
      Features
      • Exterior features: Wood
      Lot
      • Size: 5,000 Square Feet
      Details
      • Parcel number: 3000037000000001

      Construction

      Type & style
      • Home type: MultiFamily
      Condition
      • New construction: No
      • Year built: 1952

      Community & HOA

      Location
      • Region: Runnemede

      Financial & listing details

      • Price per square foot: $298/sqft
      • Tax assessed value: $144,000
      • Annual tax amount: $6,885
      • Date on market: 8/30/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,524/mo

        Price history

        DateEventPrice
        8/30/2026Listed for sale$365,000+53.4%$298/sqft
        Source: Owner Report a problem
        2/10/2022Sold$238,000$194/sqft
        Source: Public Record Report a problem
        10/29/2021Sold$238,000-13.5%$194/sqft
        Source: MoreMLS #22121446 Report a problem
        10/2/2021Pending sale$275,000$225/sqft
        Source: Bright MLS #NJCD2007868 Report a problem
        9/21/2021Contingent$275,000$225/sqft
        Source: MoreMLS #22121446 Report a problem
        9/14/2021Price change$275,000-8%$225/sqft
        Source: MoreMLS #22121446 Report a problem
        7/1/2021Listed for sale$299,000+76.9%$244/sqft
        Source: MoreMLS #22121446 Report a problem
        7/23/2004Sold$169,000+152.2%$138/sqft
        Source: Public Record Report a problem
        4/17/2001Sold$67,000$55/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,885 +6.1%$144,000
        2024$6,489 -39.7%$144,000
        2023$10,760 -0.8%$144,000
        2022$10,846 +84.2%$144,000
        2021$5,888 +1.9%$144,000
        2020$5,780 +2%$144,000
        2019$5,669 $144,000
        2018$5,669 +3.9%$144,000
        2017$5,455 -0.3%$144,000
        2016$5,471 +1.3%$144,000
        2015$5,400 +2.5%$144,000
        2014$5,270 +2.8%$144,000 +50.3%
        2012$5,126 +4.8%$95,800
        2011$4,890 +1.1%$95,800
        2010$4,835 +1.4%$95,800
        2009$4,769 $95,800
        2008-- $95,800
        2007-- $95,800
        2006-- $95,800
        2005-- $95,800
        2004-- $95,800
        2003-- $95,800
        2002-- $95,800
        2001-- $95,800
        Find assessor info on the county website

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 08078

        Getting around

        71 / 100
        Very Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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