Bought with Anthony P calabrese Jr. • Keller Williams Realty
$340,000
$165,000
106.1%For more information regarding the value of a property, please contact us for a free consultation.
42 N RAILROAD AVE Pedricktown, NJ 08067
2,210 SqFt
Key Details
Sold Price $340,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,210 sqft
Price per Sqft $153
MLS Listing ID NJSA2019792
Sold Date 08/28/26
Style Traditional
Abv Grd Liv Area 2,210
Year Built 1940
Annual Tax Amount $4,553
Tax Year 2025
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Detached
Source BRIGHT
Property Description
Investors and value-add buyers, take note- here is a fantastic opportunity to own a spacious triplex full of vintage character in Oldmans Township. This classic early 1900s home offers three separate units, one one-bedroom unit and two two-bedroom units, making it an excellent addition to a rental portfolio or an ideal owner-occupant setup where you live in one unit and let the others help pay the mortgage.
The property showcases the timeless craftsmanship of its era, including a handsome brick fireplace, an original wood staircase with rich detailing, five-panel wood doors, hardwood floors, and beautiful stained and diamond-pane glass windows that simply cannot be replicated today. Each unit offers generous room sizes and great natural light, providing a wonderful foundation for renovation.
A major plus for investors: the units are separately metered, which simplifies utility management and enhances rental appeal. The home sits on a nice lot with a fenced rear yard, with off-street parking adding practical value for tenants.
This property is being sold strictly as-is and needs some work throughout. It is the perfect project for a contractor, renovator, or investor with vision, ready to restore the character and unlock the strong income potential this triple-unit property has to offer. Bring your tool belt and your imagination.
Opportunities like this, three units with this much space and original charm, do not come along often in this market. Buyer is responsible for all inspections, certifications, and township requirements needed for closing.
Triplex configured as one one-bedroom unit and two two-bedroom units. Separately metered. Fenced rear yard, off-street parking, and storage shed. One unit is already occupied. Sold strictly as-is.
Location
State NJ
County Salem
Area Oldmans Twp (21707)
Zoning RES
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Fireplaces Number 1
Fireplace Y
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Private Pool No
Building
Foundation Block
Above Ground Finished SqFt 2210
Sewer On Site Septic
Water Public
Architectural Style Traditional
Additional Building Above Grade
New Construction N
Schools
School District Oldmans Township Public Schools
Others
Tax ID 07-00008-00024
Ownership Fee Simple
SqFt Source 2210
Special Listing Condition Standard
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