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Fully Occupied 4-Unit Multifamily Property! 210 E Black Horse Pike 4 Unit Apartment Building $495,000 ($123,750/Unit) Pleasantville, NJ 08232
Executive Summary
***The property is zoned commercial and the current usage is noncorming with the current zoning. Buyer will be responsible for township CO or applying for a zoning variance***Discover an excellent multifamily investment opportunity in Pleasantville, NJ, ideal for savvy investors or owner-occupants. Conveniently located near major highways and the Atlantic City Expressway, this property offers easy access to Philadelphia and Atlantic City. 210 E Black Horse Pike features four fully occupied rental units:
Unit A: 1-bedroom efficiency at $500 (month-to-month lease) Unit B: 1-bedroom at $1,600 (yearly lease expiring 1/20/26) Unit C: 1-bedroom at $1,600 (yearly lease) Unit D: Completely remodeled 1-bedroom at $1,600 (yearly lease) Additional amenities include an onsite storage unit. The property boasts a new roof, new mechanicals, and significant upgrades throughout. With an outstanding rental history and excellent CAP rate, this is a prime investment opportunity!
Unit A: 1-bedroom efficiency at $500 (month-to-month lease) Unit B: 1-bedroom at $1,600 (yearly lease expiring 1/20/26) Unit C: 1-bedroom at $1,600 (yearly lease) Unit D: Completely remodeled 1-bedroom at $1,600 (yearly lease) Additional amenities include an onsite storage unit. The property boasts a new roof, new mechanicals, and significant upgrades throughout. With an outstanding rental history and excellent CAP rate, this is a prime investment opportunity!
Property Facts
| Price | $495,000 | Building Class | C |
| Price Per Unit | $123,750 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 2,500 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1940/2026 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | UEZC - Urban Zoning | ||
| Price | $495,000 |
| Price Per Unit | $123,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,500 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1940/2026 |
| Opportunity Zone |
Yes |
| Zoning | UEZC - Urban Zoning |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 19-00079-0000-00003 | Improvements Assessment | $132,500 |
| Land Assessment | $45,000 | Total Assessment | $177,500 |
Property Taxes
Parcel Number
19-00079-0000-00003
Land Assessment
$45,000
Improvements Assessment
$132,500
Total Assessment
$177,500
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Fully Occupied 4-Unit Multifamily Property! | 210 E Black Horse Pike
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