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.
For sale by owner
$365,000
615 Central Ave, Runnemede, NJ 08078
4beds
1,224sqft
MultiFamily
Built in 1952
-- sqft lot
$-- Zestimate®
$298/sqft
$-- HOA
Overview
- 17 days
- 795
- 52
Listed by:
Property Owner (908) 838-6327
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
| Date | Event | Price |
|---|---|---|
| 8/30/2026 | Listed for sale | $365,000+53.4%$298/sqft |
Source: Owner Report a problem | ||
| 2/10/2022 | Sold | $238,000$194/sqft |
Source: Public Record Report a problem | ||
| 10/29/2021 | Sold | $238,000-13.5%$194/sqft |
Source: | ||
| 10/2/2021 | Pending sale | $275,000$225/sqft |
Source: | ||
| 9/21/2021 | Contingent | $275,000$225/sqft |
Source: | ||
| 9/14/2021 | Price change | $275,000-8%$225/sqft |
Source: | ||
| 7/1/2021 | Listed for sale | $299,000+76.9%$244/sqft |
Source: | ||
| 7/23/2004 | Sold | $169,000+152.2%$138/sqft |
Source: Public Record Report a problem | ||
| 4/17/2001 | Sold | $67,000$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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






