$2,316 Closing Credit¹
#NJSA2014004, Alexander Torres, Listing Office: Society
$299,999 List price
26 State St Penns Grove, NJ 08069
$3,562
Closing credit¹
3,360 sqft
$89 / sqft
Multi-Family
Property details
About 26 State St
Investment Opportunity at 24-26 State St.! This quadplex is a fantastic addition to any investor’s portfolio, offering significant potential for value appreciation. All four units are spacious one-bedrooms, with two currently occupied and two recently renovated and vacant. Rents are well below market value, presenting an excellent opportunity to maximize cash flow with proper adjustments. The fair market rent (FMR) for this building is a minimum of $5,000/month, making it a strong income-generating asset. Please note: The owner is an investor who has never visited the property, and both the owner and agent make no guarantees. With a little vision and strategic updates, this property could be a high-performing addition to your client’s portfolio. Don’t miss out on this promising investment—schedule a viewing today!
Highlights
Home typeQuadruplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
Size3,360 sqft
Year built1945
ParkingDriveway,On Street
MLS #NJSA2014366
Summary
- MLS Number: NJSA2014366
- MLS Name: BRIGHT
- Office Name: Prime Realty Partners
- Office Phone: (856) 906-5885
- Office Email: marcricci25@gmail.com
- Listing Agent: John Rinick
- Agent Phone: (267) 205-1824
- Agent Email: johnrinickrealtor@gmail.com
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. ©2025 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: 4/11/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$299,999
26 State St
$3,562
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 25, 2024 | Home Sold | $220,000 |
| Jan 26, 2018 | Home Sold | $165,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $140,300 | $7,520 |
| 2022 | $140,300 | $7,087 |
| 2021 | $140,300 | $6,936 |
| 2020 | $140,300 | $7,027 |
| 2019 | $140,300 | $6,563 |
History based on county public records data.
Nearby schools
3
Field Street School
Public District 1-3
0.6 mi
•144 Field St
1
P. W. Carleton School
Public District 4-5
0.7 mi
•251 E Maple Ave
5
Mount Pleasant Elementary School
Public District KG-5
3.1 mi
•500 Duncan Rd Ofc 1
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 $44,808. Most Penns Grove, NJ residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
44%
<35k
44%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
22%
Single, with Kids
17%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
11%
12-17 yrs old
21%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating
Horse Races
Where do the neighbors shop?
Burlington
Chico's
Family Dollar
Where do the neighbors go to eat?
Popeyes
Bob Evans
Church's Chicken
What do the neighbors drive?
Dodge
Oldsmobile
Cadillac
What do the neighbors listen to?
Urban Contemporary
News
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 26 State St in Penns Grove, NJ and zip code 08069. This 3,360 square foot home was built in 1945. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $299,999.
Penns Grove, NJ housing market in March 2025 saw over 3 listings sold above listed price, more than 4 sold at listed price and over 4 sold below. Between February and March 2025, Penns Grove, NJ real estate market has seen increase in the number of listings by 39.5%. In March 2025 median list price was $217,500 and the average listing age was 61 days.
From Rocket Homes Real Estate and based on county public records data.