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For sale
  • $900,000

    202 Foundry St, Florence, NJ 08518

    7beds
    --baths
    3,888sqft
    : 
    Quadruplex
    Built in 1940
    -- sqft lot
    $882,600 Zestimate®
    $231/sqft
    $-- HOA

    What's special

    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.
    20 days
    on Zillow
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    433
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    21
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    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#: NJBL2092754MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 202 Foundry St.

    Next available tour time:Today at 11am

    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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