Under Contract

MLS: #NJBL2096332, Listed By: Lukasz Boczniewicz, Keller Williams Real Estate-Langhorne, Source:Bright MLS

424 Trenton Road

BROWNS MILLS, NJ 08015
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$1,100,000 $4,637/Mo
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Bed 11

Bed

Bath 0

Bath

SqFt6,000

Sqft

Acres4.33

Acres(Lot)

Presenting a high-yield, stabilized investment opportunity at 424 Trenton Road. This 9-unit multifamily property is now 100% fully occupied and generating a confirmed 7.38% Cap Rate on actuals at the current asking price. We have moved past "pro-forma" projections; this asset offers immediate, proven cash flow from day one. Situated in a quiet, wooded setting in Browns Mills, the property offers convenient access to local amenities and major regional employers, including the nearby Joint Base McGuire-Dix-Lakehurst, ensuring consistent demand from a diverse tenant pool. Details available under the Commercial Listing can be seen at NJBL2084780 The heavy lifting has already been completed with major capital improvements, including a brand new septic system installed in 2021 and renovation s on 7 of the 9 units. With the final unit recently leased, the property is fully stabilized with a strong, diverse unit mix consisting of two studios, four 1-bedroom units, two 2-bedroom units, and one 3-bedroom main house. The unique 5-building "village" configuration provides tenants with a private, residential feel that minimizes noise transfer and maximizes retention—a distinct competitive advantage over typical block-style apartments. BONUS VALUE-ADD: The property includes a 6th, standalone building (formerly 4 units verified in tax collectors records) currently in shell condition with water, gas, and electric run to the structure. This building is not connected to the new septic system and is offered strictly "as-is" with no representation of future use. It represents significant potential upside for a buyer willing to navigate township approvals for parking/septic independently, but the sale is not contingent on this development potential. Ideally situated for a 1031 Exchange or an investor seeking immediate yield with a "free option" for future expansion. Clean exit required; no seller financing available.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,100,000

AD Id : 67405973

MLS Id : NJBL2096332

Beds : 11

Lot Size : 4.33 Acres

Living Area Size : 6,000

Year Built : 1966

County : BURLINGTON

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Feature Features

  • Bedroom Information

    Total beds: 11

    Room Information

    Has Basement: Yes Basement: Crawl Space, Daylight, Full

  • Flooring Information

    Laminate, Ceramic Tile, Hardwood, Vinyl

  • Roofing Information

    Flat, Shingle

  • Interior Features

    Roof: Flat, Shingle Appliances: Electric Water Heater, Gas Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Natural Gas, Forced Air, Baseboard Has Cooling: Yes Cooling: Central Air, Window Unit(s), Electric

  • Building Information

    Year Built: 1966 Building Area Total: 6000 Construction Materials: Frame Pool Features: None Private Pool: No View: Trees/Woods

  • Lot Information

    Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 4.33 Lot Size Source: Estimated Lot Size Square Feet: 188615

  • Listing Price Information

    Listing Price: $1100000

  • Tax Information

    Parcel Number: 29-00526-00001 01 Tax Lot: 00001 01 Tax Year: 2024 Annual Tax: $14782

  • Parking Information

    Parking Total: 15 Asphalt, Driveway

  • Utility Information

    Cable Available, Natural Gas Available, Phone Available, Water Available, Electricity Available

  • Location Information

    Direction: From Center of Browns Mills when at intersection of Trenton Rd and Broadway St, follow Trenton Rd North, property is on right hand side, just past the Self Storage. WaterSource: Public Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
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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 ByOwner 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/21/2026 @ 02:31

MLS: NJBL2096332 LISTED BY: Lukasz Boczniewicz, Keller Williams Real Estate-Langhorne 215-757-6100 SOURCE: Bright MLS

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