Property details
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 $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!
Highlights
(ACTIVE)
Virtual tour
Summary
- Appliances: Range Hood, Refrigerator, Microwave
- Basement: Yes
- Flooring Type: Carpet, Ceramic Tile
- Interior: Built-Ins, Family Room Off Kitchen, Floor Plan - Open
- Parking: Asphalt Driveway,Free,General Common Elements,Paved Driveway,Paved Parking,Private,Secure Parking, Parking Lot
- View: Creek/Stream, Trees/Woods
- Exterior: Exterior Lighting, Street Lights, Sidewalks
- Architectural Style: Other
- Heating: Baseboard
- Cooling: Central Air
- List Price: $950,000
- Price/SqFt: $207
- Lot: Back Yard
- Directions: Take W Landis Ave, NJ-55 N and W Garden Rd to Almond Rd in Pittsgrove
- Year Built: 1974
- Living Area: 4,584 SqFt
- Municipality: Pittsgrove Twp
- Lot Size: 0.98 Acres
- MLS Number: NJSA2015456
- MLS Name: BRIGHT
- Office Name: Keller Williams Prime Realty
- Office Phone: (856) 362-5072
- Office Email: broker@kwprimerealty.com
- Listing Agent: Jennifer Ferrara
- Agent Phone: (856) 812-8198
- Agent Email: jenniferferrara@kw.com
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Last updated on: 8/1/2025, 7:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
6
Olivet Elementary School
Public District 2-4
1.7 mi
•235 Sheep Pen Rd
2
Elizabeth F. Moore
Public District 4-5
3.2 mi
•1361 Highway 77
3
Dane Barse Elementary School
Public District KG-5
6.7 mi
•240 S Orchard Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,716. Typical income of Pittsgrove, NJ residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
Frequently asked questions
About 1123 Almond
The listing price of 1123 Almond property is $950,000.
The property 1123 Almond is a multi located in Pittsgrove, New Jersey, 08318.
Active Listing: 1123 Almond is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1123 Almond are: Olivet Elementary School (GreatSchools Rating 6/10), Elizabeth F. Moore (GreatSchools Rating 2/10), Dane Barse Elementary School (GreatSchools Rating 3/10), Pittsgrove Township Middle School (GreatSchools Rating 4/10), Woodruff Middle School (GreatSchools Rating 3/10), Creativity Colaboratory Charter School (GreatSchools Rating 4/10), Arthur P. Schalick High School (GreatSchools Rating 4/10), Cumberland Regional High School (GreatSchools Rating 2/10), Bridgeton High School (GreatSchools Rating 1/10).
The property 1123 Almond is 4,584 SqFt (source: MLS/tax record).
The year of construction for 1123 Almond is 1974.
This home is located at 1123 Almond in Pittsgrove, NJ and zip code 08318. This 4,584 square foot home, which was built in 1974, sits on a 0.98 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $950,000.
The number of listings in Pittsgrove, NJ increased by 73.3% between May and June 2025. While the average time on the market in June 2025 was 58 days, the median list price was $389,250.