About 1123 Almond
Quadplex in Pittsgrove Township! This turnkey quadplex checks all the boxes: high cap rate, immediate cash flow, no HOA or utility burdens, and an ideal tenant-friendly location. With rents totaling over $8,000/month and expenses under control, this is a rare opportunity to earn over $1,100/month net even with today’s rates. Whether you're looking for a passive buy-and-hold or a high-equity, long-term strategy—1123 Almond Road delivers All four townhome units feature 2 bedrooms, 1.5 bathrooms, and full, unfinished basements with washer & dryer hookups in each unit—ideal for long-term tenant appeal. The property offers paved parking and is tucked away in a quiet, private setting that backs to trees and a stream flowing into Parvin Lake. Located directly across from Pittsgrove Middle School and within walking distance to Parvin State Park, Centerton Inn, Anderson’s Country Store, and Centerton Pond, this location offers both convenience and charm. Whether you're a seasoned investor or new to multi-family properties, this is a strong cash-flowing asset with excellent long-term potential. Additional documents are available in the document section, including a full financial breakdown, cap rate details, and rental projections—everything you need to evaluate this exceptional opportunity. Contact the listing agent today for more details or to schedule a private showing!
Features of 1123 Almond
| MLS® # | NJSA2015456 |
|---|---|
| Price | $850,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,584 |
| Acres | 0.98 |
| Year Built | 1974 |
| Type | Multi-Family |
| Sub-Type | Quad, Interior Row/Townhouse |
| Style | Other |
| Status | Active Under Contract |
Community Information
| Address | 1123 Almond |
|---|---|
| Area | Pittsgrove Twp (21711) |
| City | PITTSGROVE |
| County | SALEM-NJ |
| State | NJ |
| Municipality | PITTSGROVE TWP |
| Zip Code | 08318 |
Amenities
| Amenities | Built-Ins |
|---|---|
| Utilities | Cable TV, Electric Available |
| Parking | Asphalt Driveway, Free, Gen Comm Elem, Paved Driveway, Paved Parking, Private, Secure Parking |
| View | Creek/Stream, Street, Trees/Woods |
| Is Waterfront | Yes |
| Waterfront | Creek |
Interior
| Interior Features | Floor Plan-Open |
|---|---|
| Appliances | Range hood, Refrigerator, Microwave |
| Heating | Baseboard - Electric |
| Cooling | Central A/C |
| Has Basement | Yes |
| Basement | Full |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Vinyl Siding, Brick and Siding |
|---|---|
| Exterior Features | Exterior Lighting, Street Lights, Sidewalks |
| Lot Description | Rear Yard |
| Windows | Energy Efficient |
| Roof | Pitched, Shingle |
| Foundation | Block |
School Information
| District | PITTSGROVE TOWNSHIP PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | July 9th, 2025 |
|---|---|
| Days on Market | 72 |
| Zoning | R1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Prime Realty |
|---|---|
| Contact Info | (856) 362-5072 |