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sales rep | Brivity IDX

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402 Billingsport , Paulsboro, NJ 08066
$339,999
Est. Payment: $1,836.00/mo
6 Bed
3 Bath
2684 Sqft
0.46 Acres
Status: active | Days on site: 28
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OPUSEL1 - 3197908
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House Description

Excellent investment opportunity! This fully occupied triplex offers strong existing rental income, separate utilities, and an impressive rear lot with additional potential. Unit A is located at the front of the property and features 1 bedroom and 1 full bathroom. Unit B is located at the rear and offers 2 bedrooms and 1 full bathroom. Unit C is positioned in the middle and features 3 bedrooms, 1 full bathroom, plus staircase access to the attic. All three units are currently rented and producing a combined gross annual rental income of approximately $46,164. Utilities are separately metered for each unit. The landlord currently pays water and sewer, which total approximately $450 per quarter. Based on the projected sale price of $339,999, current rents, and known operating expenses, the property reflects an approximate 10.2% cap rate. Cap rate is an estimate and does not include vacancy, maintenance, repairs, management, or other potential operating expenses. The property also features a large rear lot that may offer future subdivision or development potential. Buyer is responsible for completing all due diligence with the municipality regarding zoning, subdivision, approvals, and permitted use. With three occupied units, strong rental income, separate utilities, and additional land potential, this property presents an excellent opportunity for an investor looking to add a high-performing multifamily asset to their portfolio. Schedule your showing today!

Highlights

Listed by Garrett Smith , 6108445245 Opus Elite Real Estate , 2153956277. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.46

Year Built

1900

County

Gloucester

Area

Paulsboro Boro (20814)

Neighborhood

None Available

School District

Paulsboro Borough

Listing ID

NJGL2078384

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:Window Unit(s)
Fireplaces:
Above Ground Sq Ft:2684
Basement:Combination
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:66x305
Garage Capacity:3
Zoning:Triplex
Others:
  • ▪ Additional:Average
Sewer:Public Sewer
Parking Features:Driveway,On Street,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$1,836
Taxes
$633

Home Price

$339,999

Loan Details

30 yrs
7.144%

Down Payment

20%
$68,000
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:
$1,836.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,836.00 $633.42 $0.00 $2,469.42
Yearly $22,031.98 $7,601.00 $0.00 $29,632.98
Total $660,959.45 $228,030.00 $0.00 $888,989.45
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Paulsboro, 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.

IDX service by Blueroof 360

Data last updated: 2026-11-13T19:09:10.000Z

© 2026 Bright MLS