228 Pleasant St E,HAMMONTON, NJ 08037
HAMMONTON, NJ 08037
Description
Exceptional Income-Producing Duplex with Bonus Vacant Lot A Rare Hammonton Investment Opportunity! Investors, take note this is the turnkey opportunity you have been waiting for. Presenting a fully occupied, income-generating duplex nestled in the heart of Hammonton, NJ, the celebrated "Blueberry Capital of the World" and one of South Jersey's most desirable and culturally rich communities. Both units are currently leased to responsible, long-term tenants in good standing, delivering immediate and stable cash flow from day one no lease-up period, no vacancy risk, no waiting.This sale includes an additional adjacent vacant lot, offering exceptional value-add potential. Whether you envision a third rental unit, a garage structure, additional parking, or simply the benefit of holding extra land in a growing market, the possibilities are yours to explore. Opportunities like this a cash-flowing property plus bonus land in a single acquisition are extraordinarily rare.Why Hammonton? Situated strategically between Philadelphia and the Jersey Shore, Hammonton offers investors the best of both worlds: a tight-knit, walkable community with strong rental demand and outstanding regional connectivity. Residents enjoy direct access to the Atlantic City Expressway, the White Horse Pike (Route 30), and Route 206, while NJ Transit rail service links the town to both Philadelphia and Atlantic City making it a commuter's haven and a perennial draw for quality tenants.The town itself is a gem its vibrant Main Street District is lined with boutique shops, acclaimed Italian restaurants, art galleries, breweries, and distilleries. Hammonton hosts beloved annual events including the iconic Our Lady of Mount Carmel Festival, the longest-running Italian festival in the United States, drawing visitors from across the region year after year. The Hammonton School District is highly rated, and community anchors such as Hammonton Lake Park and the nearby Wharton State Forest provide residents with recreational amenities that consistently attract and retain long-term tenants.Investment Highlights: Fully occupied duplex with quality tenants in good standingBoth units currently leased immediate rental income at closingAdjacent vacant lot conveyed with the sale significant upside potentialPrime South Jersey location with strong and stable rental demandConvenient access to major highways and NJ Transit commuter railSurrounded by shopping, dining, parks, and top-rated schoolsMedian home values trending upward a market gaining momentum Whether you are a seasoned portfolio investor or expanding your holdings in a high-demand market, this property checks every box. Strong income, bonus land, quality tenants, and an unbeatable location all in one package.Do not miss this one. Schedule your private showing today.
Details
| MLS # | NJAC2023804 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 146 |
| Listing Provided By | Sabal Real Estate | Jenifer Raffa |
Features
| SQ Feet | 2,272 |
|---|---|
| Units | 1 |
| Zoning | RES |
| Acreage | 0.12 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Interior Features | 2nd Kitchen |
Exterior
| Construction Materials | Frame |
|---|---|
| Lot Features | Corner, Side Yard(s) |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Cable TV |
|---|
Taxes
| Tax Annual Amount | 4411 |
|---|
Area Information
| State | NJ |
|---|---|
| County | ATLANTIC NJ |
| City | HAMMONTON |
| Zip Code | 08037 |
| Area | Hammonton Town (20113) |
| School District | HAMMONTON TOWN SCHOOLS |
| Listing VS Median (in 08037) | |
Price: $490,000 low | high Med: $449,000 sqft: 2,272 low | high Med: 1,724 $ / sqft: $216 low | high Med: $260 On site: 146 low | high Med: 29 | |
Market Activity 08037
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Learn More About This Property
| State | NJ |
|---|---|
| County | ATLANTIC NJ |
| City | HAMMONTON |
| Zip Code | 08037 |
| Area | Hammonton Town (20113) |
| School District | HAMMONTON TOWN SCHOOLS |
| Listing VS Median (in 08037) | |
Price: $490,000 low | high Med: $449,000 sqft: 2,272 low | high Med: 1,724 $ / sqft: $216 low | high Med: $260 On site: 146 low | high Med: 29 | |
