Egg Harbor City, NJ 08215,142 6th Terrace
Egg Harbor City, NJ 08215,142 6th Terrace
Egg Harbor City, NJ 08215,142 6th Terrace
Egg Harbor City, NJ 08215,142 6th Terrace
Egg Harbor City, NJ 08215,142 6th Terrace
Egg Harbor City, NJ 08215,142 6th Terrace
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$210,000

$199,000

5.5%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths


SOLD DATE : 04/30/2025

Key Details

Sold Price $210,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 594548

Sold Date 04/30/25

Bedrooms 2

Full Baths 2

Annual Tax Amount $6,095

Tax Year 2024

Property Sub-Type Duplex

Property Description

Investor Alert! Fantastic opportunity to own a value-add duplex in the heart of Egg Harbor City! This property features two spacious 2-bedroom, 1-bath units, each with separate gas furnaces and electric meters—tenants pay their own utilities! The upstairs unit has been completely renovated and is ready for a new tenant at fair market rent of $1,500/month. The downstairs unit is currently rented at $1,100/month on an annual lease and offers significant upside potential—once updated, this unit can also achieve $1,500/month, bringing your total gross potential rent to $3,000/month. While the property still needs some work, the heavy lifting has already been done upstairs. This is a great chance to finish the improvements, increase cash flow, and build equity in a growing rental market. Priced to sell—don't miss out on this income-producing gem!

Location

State NJ

County Atlantic

Community Egg Harbor City

Area Egg Harbor City

Rooms

Basement Crawl Space

Interior

Heating Gas-Natural, Radiator

Exterior

Parking Features None

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
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