Investor Alert - Property was sold, but buyer's 1031 exhange fell through. Brand new, completely rebuilt 4-unit multifamily property! This FULLY occupied 4-unit Multifamily property in Florence, NJ at 202 Foundry Street presents an excellent investment opportunity. The property features four rental units with long-term tenants, offering one 3-Bedroom unit; one 2-Bedroom unit; & two 1-Bedroom units. Conveniently located near I-295 and the NJ Turnpike, it provides easy access to Philadelphia and New York City. Completely rebuilt property in 2021, including structure/framework, new roof, windows, mechanicals, and significant upgrades throughout each unit. With an Annual Rental Income exceeding $85,000, this property is a profitable investment for buyers seeking stable income. Ideal for seasoned investors or those starting their real estate portfolio, this property offers passive income and wealth-building potential. Don't miss out on owning this fully occupied Multifamily property in a prime location.
For sale
$900,000
202 Foundry St, Florence, NJ 08518
7beds
--baths
3,888sqft
Est.:
Quadruplex
Built in 1940
-- sqft lot
$882,600 Zestimate®
$231/sqft
$-- HOA
What's special
- 20 days
- on Zillow |
- 433 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 06:48pm
Listed by:
Jon Benstead 856-465-9573,
BHHS Fox & Roach-Marlton
Source: Bright MLS,MLS#: NJBL2092754

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Heating
- Baseboard, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,888
- Total interior livable area: 3,888 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,640 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 150001400001
- Zoning: MULTIFAMILY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- Brick
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Florence
- Municipality: FLORENCE TWP
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $450,000
- Annual tax amount: $12,541
- Date on market: 7/21/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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