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sales rep | Brivity IDX

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424 Trenton Rd , Browns Mills, NJ 08015
$1,100,000
Est. Payment: $5,940.01/mo
11 Bed
4 Bath
6000 Sqft
4.33 Acres
Status: pending | Days on site: 327
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KELWLML - 3294151
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House Description

Presenting a high-yield, stabilized investment opportunity at 424 Trenton Road. This 9-unit multifamily property is now 100% fully occupied and generating a confirmed 7.38% Cap Rate on actuals at the current asking price. We have moved past "pro-forma" projections; this asset offers immediate, proven cash flow from day one. Situated in a quiet, wooded setting in Browns Mills, the property offers convenient access to local amenities and major regional employers, including the nearby Joint Base McGuire-Dix-Lakehurst, ensuring consistent demand from a diverse tenant pool. Details available under the Commercial Listing can be seen at NJBL2084780 The heavy lifting has already been completed with major capital improvements, including a brand new septic system installed in 2021 and renovations on 7 of the 9 units. With the final unit recently leased, the property is fully stabilized with a strong, diverse unit mix consisting of two studios, four 1-bedroom units, two 2-bedroom units, and one 3-bedroom main house. The unique 5-building "village" configuration provides tenants with a private, residential feel that minimizes noise transfer and maximizes retention—a distinct competitive advantage over typical block-style apartments. BONUS VALUE-ADD: The property includes a 6th, standalone building (formerly 4 units verified in tax collectors records) currently in shell condition with water, gas, and electric run to the structure. This building is not connected to the new septic system and is offered strictly "as-is" with no representation of future use. It represents significant potential upside for a buyer willing to navigate township approvals for parking/septic independently, but the sale is not contingent on this development potential. Ideally situated for a 1031 Exchange or an investor seeking immediate yield with a "free option" for future expansion. Clean exit required; no seller financing available.

Highlights

Listed by Lukasz Boczniewicz , 2676791659 Keller Williams Real Estate-Langhorne , 2157576100. Bright MLS

Property Type

Multi-Family

Lot/Acreage
4.33

Year Built

1966

County

Burlington

Area

Pemberton Twp (20329)

School District

Pemberton Township Schools

Listing ID

NJBL2096332

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:11
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:Central A/C,Window Unit(s)
Fireplaces:Non-Functioning,2 Fireplaces
Floor:Ceramic Tile,Hardwood,Laminated,Luxury Vinyl Plank
Above Ground Sq Ft:6000
Basement:Daylight,Full
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:0.00 x 0.00
Garage Capacity:15
Zoning:RESIDENTIAL
Roof:Architectural Shingle,Flat
Others:
  • ▪ Additional:Good
Sewer:Private Septic Tank,Septic = # of BR,Septic Exists
Parking Features:Asphalt Driveway,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$5,940
Taxes
$1,232

Home Price

$1,100,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,940.01

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,940.01 $1,231.83 $0.00 $7,171.85
Yearly $71,280.15 $14,782.00 $0.00 $86,062.15
Total $2,138,404.52 $443,460.00 $0.00 $2,581,864.52
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Browns Mills, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

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Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS