UPDATED:
10/23/2024 04:27 PM
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,560 sqft
Price per Sqft $205
MLS Listing ID NJCD2075674
Style Traditional
Abv Grd Liv Area 1,560
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $6,774
Tax Year 2023
Lot Size 7,000 Sqft
Acres 0.16
Lot Dimensions 50.00 x 140.00
Property Description
Welcome to 322 Erial Rd., a fantastic multi-family duplex that presents a lucrative investment opportunity in the vibrant neighborhood of Pine Hill, New Jersey. This corner duplex, nestled on a substantial lot size of 50 by 140, boasts tons of amenities that make it a desirable asset.
The property features a two-car garage, along with additional driveway parking for two cars, ensuring ample parking space for residents and guests. Situated on a spacious lot adorned with lush grass and trees, the duplex offers a tranquil and picturesque setting for its occupants.
Each unit within the duplex comes with its own private entrance, providing residents with privacy. Unit 1 comprises two bedrooms and one bath, meticulously updated to exude a contemporary aesthetic. The modern kitchen is a standout feature of this unit, equipped with white shaker cabinets, expansive countertops, energy-efficient appliances, and a subway tile backsplash. Sunlit and airy, the kitchen is a delightful space for culinary enthusiasts. The unit also features two well-proportioned bedrooms and a lavish full bathroom adorned with oversized glamor vanity and mirror, finished in gleaming white ceramic tiles.
Unit 2 mirrors the same level of quality and sophistication as its counterpart. This unit includes new high-end carpets, a fully equipped kitchen with white shaker cabinets and updated appliances, and a full ceramic tile bath, Abundant natural light floods the living spaces, creating a warm and inviting ambiance.
Additionally, the property includes a clean lower-level basement with great mechanicals separate central air systems for each unit, as well as a designated washer and dryer area for convenience, Newer Roofs as well !
Currently, the two-bedroom unit is rented on a month-to-month basis for $1500 which can rent for more while the one-bedroom unit was previously rented for $1000 per month. These rental incomes make this investment an attractive option for prospective buyers looking to expand their portfolio.
Don't miss out on the opportunity to add 322 Erial Rd. Located in Pine Hill area, this property is conveniently positioned near major shopping centers and transportation hubs, making it a convenient and lucrative investment opportunity.
Location
State NJ
County Camden
Area Pine Hill Boro (20428)
Zoning RESIDENTIAL DUPLEX
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Baseboard - Hot Water
Cooling Central A/C
Inclusions all existing appliances
Fireplace N
Heat Source Natural Gas
Exterior
Garage Covered Parking, Garage - Side Entry
Garage Spaces 4.0
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, Detached Garage
Total Parking Spaces 4
Garage Y
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Pine Hill Borough Board Of Education
Others
Tax ID 28-00075-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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