Florence, NJ 08518 202 Foundry Street

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Presented By: BHHS Fox & Roach-Marlton
  • MLS# NJBL2092754
  • 07/21/2025
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  • Beds • 7

Home Details

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.
Presented By: BHHS Fox & Roach-Marlton

Interior Features for 202 Foundry Street

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 202 Foundry Street

AccessibilityNone
Architectural StyleOther
CityFLORENCE
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyBURLINGTON
DirectionsUse GPS
Garage Y/NNo
HeatingBaseboard - Hot Water
Living Area3888
Lot Size Square Feet2640.00
Lot Size UnitsSquare Feet
MLS AreaFlorence Twp (20315)
MunicipalityFLORENCE TWP
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count2
Other StructuresAbove Grade
OwnershipFee Simple
PossessionImmediate, 0-30 Days CD, 31-60 Days CD
Price Per Sq Ft Total AG231.48
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictFLORENCE TOWNSHIP PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeOther
Tax Annual Amount12541.0
Tax Assessed Value450000.0
Tax Lot00001
Tax Year2024
Total SQFT3888
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1940
Year Built SourceAssessor
ZoningMULTIFAMILY

Exterior for 202 Foundry Street

Lot Size Acres0.06
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $900,000
MLS#NJBL2092754
List Date 07/21/2025
Property Type Multi-Family
Phone 703.929.4729
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