235 Monmouth and 500 Mercer 2 Multifamily Properties in Gloucester City, NJ

235 Monmouth Street and 500 Mercer Street present an opportunity to acquire a fully occupied multifamily portfolio in Gloucester City, New Jersey. The offering consists of four residential units across two duplex properties, providing immediate in-place rental income and operational stability. According to the marketing materials, the portfolio includes two two-bedroom, one-bathroom units and two three-bedroom, one-bathroom units, creating a balanced unit mix that appeals to a broad tenant base.
The property is positioned within Gloucester City with convenient access to Interstate 76 and regional transportation corridors connecting Southern New Jersey and the Philadelphia metropolitan area. The location map highlights proximity to major roadways, commercial services, financial institutions, dining establishments, and everyday neighborhood amenities.
The offering materials indicate an 8%+ cap rate and an 11%+ projected IRR, supporting the investment profile for buyers seeking current cash flow and potential long-term returns. The portfolio is offered with all units occupied and 2026 taxes reported at $10,644. The building contains approximately 4,125 square feet and sits on a 0.085-acre parcel.
Prospective purchasers benefit from an established residential asset with existing tenancy and a location near employment centers, transportation infrastructure, and urban amenities throughout Camden County and the Greater Philadelphia region.