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235 Center Street

Moorestown, NJ 08057

– beds
– baths
1,680 sqft
~1/2 acre lot
$277 per sqft
1951 build

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Don't miss this Investment opportunity home! This duplex is a multi-family home and is a solid moneymaker with excellent cash flow and a low expense ratio. It has a beautiful lush large yard, a nice 20'x12' woodshed in the back yard, and a large driveway/parking. The living room has lots of space! Kitchens are just the right size with lots of cabinets. Downstairs Apartment 1 is a 2 Bedroom and Upstairs Apartment 2 has 3 bedrooms. Live in one half while you rent the other. The utilities are separated. The back porch is a good size and accessible from the backyard. The backyard is large and great for a growing family. This home backs to the woods, and the lot extends approximately—75 feet into the woods. There is wood flooring and carpet throughout the home. All rooms are good-sized bedrooms with ample closet space. New Paint and New Carpet! The building is in a great location for a multifamily and the desirable town of Moorestown. The lot is large and has potential. A lot of houses for the money & highly sought-after Moorestown schools!!! Close to shopping, transportation, and a great investment property!!

Listing courtesy of BRIGHT / EXP Realty, LLC

Last checked: Checking… • Last updated Apr 9, 2025 •

MLS# NJBL2052666 —

The Building

Year Built:

1951
Year Built Source:

Assessor
Roof:

Asphalt, Shingle
New Construction:

No
Construction Materials:

Stucco
Building Levels:

3
Building Units Total:

1
Structure Type:

Detached
Architectural Style:

Cape Cod
Accessibility Features:

None
Foundation Details:

Block
Basement:

Yes
Basement Type:

Partially Finished
Building Winterized:

Yes
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

1680

Interior

Flooring Type:

Carpet, Ceramic Tile, Hardwood
Wall & Ceilings:

Dry Wall
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1680
Living Area SqFt:

1,680 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Conventional, Cash, VA
Buyer Financing:

Conventional
Possession:

31-60 Days CD

Location

Directions:

Mid way Property on Center St
Latitude:

39.96871948
Longitude:

-74.98210907
Location Type:

Middle Of Block

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Property Condition:

Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.46
Lot Size Source:

Assessor
Lot Size Dimensions:

80.00 x 249.00
Lot Dimensions Source:

Assessor
Lot Features:

Backs to Trees
Lot SqFt:

19,920 Sqft
View:

Garden/Lawn, Street, Trees/Woods
Other Structures:

Above Grade, Below Grade
Waterview:

No
Soil Types:

Mixed
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

22-00502-00038
Tax Year:

2023
Tax Lot:

00038
Tax Annual Amount:

$5,853
Tax Assessed Value:

$211,100
Year Assessed:

2023
Total Taxes Payment Frequency:

Annually

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

Ceiling Fan(s)
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

90% Forced Air
Heating Fuel:

Electric, Natural Gas

Utilities

Utilities:

Electric Available, Natural Gas Available, Phone Available, Cable TV Available, Water Available
Sewer/Septic:

Public Sewer
Electric Service:

100 Amp Service
Hot Water:

Natural Gas
Water Source:

Public
Internet Services:

Cable, Fixed Wireless

Schools

School District Name:

Moorestown Township Public Schools
School District Source:

Listing Agent

The Community

Pool:

No Pool
Cap Rate:

5.30

Parking

Garage:

No
Type of Parking:

Driveway

Extra Units

Vacation Rental:

No
Units Furnished:

None
Two Bedroom Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/28/24 Jun 28, 2024	Sold	BRIGHT	$466,000	3.8%
5/2/24 May 2, 2024	Pending	BRIGHT	$449,000
4/27/24 Apr 27, 2024	Sold Subject To Contingencies	BRIGHT	$449,000

Multifamily Sold on 6/28/2024

$466,000

Listing provided by broker:

Thomas Scott Cranmer

EXP Realty, LLC

nj.broker@exprealty.net

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Listing Courtesy of: BRIGHT and EXP Realty, LLC.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

235 Center Street

Moorestown, NJ 08057