240 BILLINGS AVE, Paulsboro, NJ 08066
240 BILLINGS AVE, Paulsboro, NJ 08066
240 BILLINGS AVE, Paulsboro, NJ 08066
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Listed by SHELBY MORGAN • Morgan Capital Real Estate
Bought with Lori L Bockowski • Coldwell Banker Residential Brokerage - Clinton

$415,000

$414,900

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,488 SqFt


SOLD DATE : 05/29/2026

Key Details

Sold Price $415,000

Property Type Multi-Family

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 2,488 sqft

Price per Sqft $166

MLS Listing ID NJGL2068614

Sold Date 05/29/26

Style Traditional

Abv Grd Liv Area 2,488

Year Built 1920

Annual Tax Amount $8,494

Tax Year 2025

Lot Size 6,752 Sqft

Acres 0.16

Lot Dimensions 50.00 x 135.00

Property Sub-Type Detached

Source BRIGHT

Property Description

OFFER ACCEPTED! SELLER WILL ACCEPT BACK_UP OFFERS!!! ATTORNEY REVIEW ENDS 04/08/26. INVESTOR SPECIAL!!!!!!! FULLY RENTED TURNKEY TRIPLEX STRONG CASH FLOW LOW TAXES
Instant income from day one! This fully rented, renovated triplex is a turnkey investment delivering stable cash flow in a high-demand Paulsboro location. All three units are currently occupied, providing immediate rental income with no vacancy risk. Each unit features updated kitchens and baths, modern flooring, and well-maintained systems, keeping operating costs low and returns strong. Separate utilities add efficiency and maximize net income. With low property taxes and solid rental history, this asset is ideal for investors seeking predictable cash flow and long-term appreciation. Strong tenant demand in the area supports consistent occupancy and future rent growth. Conveniently located near major roadways, shopping, and everyday amenities, making it attractive to tenants and easy to manage. Immediate income – no lease-up needed. All units occupied. Renovated & well maintained. Low taxes boost returns. This is the kind of property investors wait for. Schedule your showing today and secure a cash-flowing asset before it's gone. RENTS: Unit 1 - $1640 Lease expires on 04/30/26, Unit 2 $1525 Lease Expires 06/30/26, Unit 3 - $1550. Lease Expires 08/31/26. Based on the rental comps in the area, each unit has room for rent increase at the renewal of the lease. All tenants would like to stay if possible.

Location

State NJ

County Gloucester

Area Paulsboro Boro (20814)

Zoning TRIPLEX

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Wall Unit

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility 2+ Access Exits

Garage N

Private Pool No

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 2488

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Paulsboro Public Schools

Others

Tax ID 14-00020-00011

Ownership Fee Simple

SqFt Source 2488

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby Locations

Nick Strom

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(856) 979-9155

nickstrom1633@gmail.com

27 E Main St, Moorestown, NJ 08057, USA

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