Under Contract

MLS: #NJGL2068614, Listed By: SHELBY MORGAN, Morgan Capital Real Estate, Source:Bright MLS

240 Billings Avenue

PAULSBORO, NJ 08066

$414,900 $1,749/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

2,488

Sqft

0.16

Acre(Lot)

Description

OFFER ACCEPTED! SELLER WILL ACCEPT BACK_UP OFFERS!!! ATTORNEY REVIEW ENDS 04/08/26. INVESTOR SPECIAL!!!!!!! FULLY RENTED TURNKEY TRIPLEX STRONG CASH FLOW LOW TAXES Instant income from day one! This fully rented, renovated triplex is a turnkey investment delivering stable cash flow in a high-demand Paulsboro location. All three units are currently occupied, providing immediate rental income with no vacancy risk. Each unit features updated kitchens and baths, modern flooring, and well-maintained systems, keeping operating costs low and returns strong. Separate utilities add efficiency and maximize net income. With low property taxes and solid rental history, this asset is ideal for investors seeking predictable cash flow and long-term appreciation. Strong tenant demand in the area suppor ts consistent occupancy and future rent growth. Conveniently located near major roadways, shopping, and everyday amenities, making it attractive to tenants and easy to manage. Immediate income – no lease-up needed. All units occupied. Renovated & well maintained. Low taxes boost returns. This is the kind of property investors wait for. Schedule your showing today and secure a cash-flowing asset before it’s gone. RENTS: Unit 1 - $1640 Lease expires on 04/30/26, Unit 2 $1525 Lease Expires 06/30/26, Unit 3 - $1550. Lease Expires 08/31/26. Based on the rental comps in the area, each unit has room for rent increase at the renewal of the lease. All tenants would like to stay if possible.

Property Details

Property Type : Residential Income

Price : $414,900

AD Id : 74400328

MLS Id : NJGL2068614

Beds : 7

Lot Size : 0.16 Acre

Living Area Size : 2,488

Year Built : 1920

County : GLOUCESTER

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 7
Interior Features

Appliances: Electric Water Heater
Heating & Cooling

Has Heating: Yes Heating: Electric, Baseboard Has Cooling: Yes Cooling: Wall Unit(s)

Building Information

Year Built: 1920 Building Area Total: 2488 Construction Materials: Frame Pool Features: None Private Pool: No

Lot Information

Lot Dimensions: 50.00 x 135.00 Lot Size Acres: 0.16 Lot Size Source: Assessor Lot Size Square Feet: 6752

Listing Price Information

Listing Price: $414900

Tax Information

Parcel Number: 14-00020-00011 Tax Lot: 00011 Tax Year: 2025 Annual Tax: $8494

Parking Information

On Street, Driveway

Location Information

Direction: GPS WaterSource: Public

Sell a home like this and save $24,395 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
110 W Broad Street, Paulsboro, NJ, 08066	$350,000	3	--	1,257	1,257 SqFt
1519 Pine Street, Paulsboro, NJ, 08066	$255,000	4	--	1,516	1,516 SqFt
915 N Delaware Street, Paulsboro, NJ, 08066	$399,999	5	--	4,046	4,046 SqFt
53-55 Roosevelt Street, Paulsboro, NJ, 08066	$425,000	10	--	4,464	4,464 SqFt

Similar Multifamily To 240 Billings Avenue

Nearby For Sale

Active

$255,000

Multifamily For Sale

1519 Pine Street,
Paulsboro, NJ, 08066

Bed

Sqft

Acre(Lot)

53-55 Roosevelt Street,
Paulsboro, NJ, 08066

Bed

4,464

Sqft

$414,900

Multifamily For Sale

240 Billings Avenue,
Paulsboro, NJ, 08066

Bed

Sqft

Acre(Lot)

915 N Delaware Street,
Paulsboro, NJ, 08066

Bed

Sqft

Acre(Lot)

110 W Broad Street,
Paulsboro, NJ, 08066

Bed

1,257

Sqft

0.17

Acre(Lot)

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 06/17/2026 @ 22:38

MLS: NJGL2068614 LISTED BY: SHELBY MORGAN, Morgan Capital Real Estate 856-807-5193 SOURCE: Bright MLS