About 424 Trenton Rd
Presenting an exceptional investment opportunity at 424 Trenton Road, this 9-unit multifamily property offers the perfect blend of stability and upside. With 7 of the 9 units already fully remodeled and a brand new septic system installed in 2021, the heavy lifting has been done. The unique 5-building layout provides a private, residential feel that attracts a wide range of quality tenants. Current ownership has meticulously managed major capital improvements, mitigating future risk for the next investor. The property features a diverse mix of studio, 1, 2, and 3-bedroom units. There is a clear and immediate path to increase cash flow by leasing two vacant units at market rent and raising the significantly under-market rent on the flagship 3-bedroom, 2-bath main house. With a pro-forma cap rate of 7.07% and its strategic proximity to Joint Base McGuire-Dix-Lakehurst ensuring a consistent tenant pool, this property is a powerful addition to any investment portfolio. Don't miss this chance to acquire a stabilized, cash-flowing asset with tangible upside.
Features of 424 Trenton Rd
| MLS® # | NJBL2084780 |
|---|---|
| Price | $1,200,000 |
| Bathrooms | 0.00 |
| Square Footage | 7,367 |
| Acres | 4.33 |
| Year Built | 1966 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 424 Trenton Rd |
|---|---|
| Area | Pemberton Twp (20329) |
| City | BROWNS MILLS |
| County | BURLINGTON-NJ |
| State | NJ |
| Municipality | PEMBERTON TWP |
| Zip Code | 08015 |
Amenities
| Utilities | Natural Gas Available, Electric Available, Cable TV Available, Phone Available, Water Available |
|---|---|
| View | Trees/Woods |
| Is Waterfront | No |
Interior
| Heating | Baseboard - Electric, Forced Air |
|---|---|
| Cooling | Central A/C, Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Frame |
|---|---|
| Roof | Architectural Shingle, Flat |
| Foundation | Block |
School Information
| District | PEMBERTON TOWNSHIP SCHOOLS |
|---|
Additional Information
| Date Listed | July 26th, 2025 |
|---|---|
| Days on Market | 82 |
| Zoning | RESIDENTIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Real Estate-Langhorne |
|---|---|
| Contact Info | (215) 757-6100 |