
240 BILLINGS AVE Paulsboro, NJ 08066
2,488 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,488 sqft
Price per Sqft $166
MLS Listing ID NJGL2068614
Style Traditional
Abv Grd Liv Area 2,488
Year Built 1920
Annual Tax Amount $8,494
Tax Year 2025
Lot Size 6,752 Sqft
Acres 0.16
Lot Dimensions 50.00 x 135.00
Property Sub-Type Detached
Source BRIGHT
Property Description
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 supports 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.
Location
State NJ
County Gloucester
Area Paulsboro Boro (20814)
Zoning TRIPLEX
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Wall Unit
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 2488
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Paulsboro Public Schools
Others
Tax ID 14-00020-00011
Ownership Fee Simple
SqFt Source 2488
Special Listing Condition Standard

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