new - 7 days on rocket

202 Foundry St, Florence, NJ, 08518

$900,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,888 SqFt
$231/SqFt
Multi

Location

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202 Foundry St, Florence Township$900,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year BuiltNew Const., 1940
HeatingBaseboard
CoolingCentral Air
MLS #NJBL2075956
Lot Size0.06 Acres
StatusActive
(ACTIVE)

About 202 Foundry St

Investor Alert - Brand new, completely rebuilt 4-unit multifamily property! This FULLY occupied 4-unit Multifamily property in Florence, NJ at 202 Foundry Street presents an excellent investment opportunity. The property features four rental units with long-term tenants, offering one 3-Bedroom unit; one 2-Bedroom unit; & two 1-Bedroom units. Conveniently located near I-295 and the NJ Turnpike, it provides easy access to Philadelphia and New York City. Completely rebuilt property in 2021, including structure/framework, new roof, windows, mechanicals, and significant upgrades throughout each unit. With an Annual Rental Income exceeding $85,000, this property is a profitable investment for buyers seeking stable income. Ideal for seasoned investors or those starting their real estate portfolio, this property offers passive income and wealth-building potential. Don't miss out on owning this fully occupied Multifamily property in a prime location.

Property Details

Property Features

Property Information:

  • Architectural Style: Dwelling with Rental
  • Year Built: 1940
  • Living Area: 3,888 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach-Marlton
  • Office Phone: (856) 810-5300
  • Listing Agent: Jonathan Zachary Benstead

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Use GPS

Municipality:

  • Florence Twp

Price Information

Listing Price Info

Price Summary:

  • List Price: $900,000
  • Price Per SqFt: $231/SqFt

Tax Information:

  • Annual Amount: $3,223
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Florence Township, NJ.

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Florence Township, NJ

City

Med. Sold Price

$325.2K

Med. Price/SqFt

$211

Avg. Days On Market

18

# of Sold Homes

19

202 Foundry St vs Florence Township

7 DAYS ON ROCKET

-11 Days

$900,000

+$574.7K More

$231/SqFt

+$19 More

KEY TAKEAWAY

This property is $574.7K more than the Median Sold Price and $19/SqFt more than other homes in Florence Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJBL2075956

Listing Office:

  • Office Name: BHHS Fox & Roach-Marlton
  • Office Phone: (856) 810-5300
  • Listing Agent: Jonathan Zachary Benstead

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 20, 2021Home Sold
$120,000
Aug 29, 2019Home Sold
$70,000
Aug 06, 2012Home Sold
$62,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,223$125,000
2019$4,257$125,000
2018$4,258$168,100
2017$4,206$168,100

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,765

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-76724
4
/10

  • Brookwood Elementary School

  • 2200 Haines Rd

  • 1.36 miles

  • Public District Grades KG-5

school-card-donut-76725
4
/10

  • Roebling Elementary School

  • 1330 Hornberger Ave

  • 1.98 miles

  • Public District Grades PK-3

school-card-donut-76726
5
/10

  • Walt Disney Elementary School

  • 200 Lakeside Dr

  • 2.10 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,250. The majority of Florence Township, NJ residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Burlington County›Florence Township›08518›202 Foundry St

This home is located at 202 Foundry St in Florence, NJ and zip code 08518 in the Florence neighborhood. This 3,888 square foot home, which was built in 1940, sits on a 0.06 acre lot. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $900,000.

Over 10 listings were sold over their listed price in October 2024 in Florence Township, NJ. In the same period over 6 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Florence Township, NJ decreased by 6% between September 2024 and October 2024. Listings spent 18 days on the market in October 2024, and had a median list price of $325,250 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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