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$699,900   Price Analysis
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1403 Loretta Ave
Mays Landing, NJ 08330
8 bed 0 bath 3,000 SqFt ($233/SqFt)
0.53 acre lot.
Listed 2024-07-24
USDA Eligible
near Mays Landing, NJ
 Restrictions may apply
due to home size

This property offers a unque opportunity to own a attractive quadplex in Mays Landin this property offers 4units each 2 Bedroom 1 Bath with a extraordinary rental income.

This property is legally zoned as a quadplex, providing the opportunity to generate extra income. You can live in one unit and rent out the other 3 units.

This investment is an ideal for long-term tenants. The property features 2 good sized bedrooms and 1 bath in the each unit. All occupied by yearly leases. This is a unique opportunity that may be hard to come by ag ain.


Presented by Hamed Payandehfar at
Century 21 Action Plus Realty - NORTHFIELD.
Listing Agent Photo

Property MLS #587382 from AtlanticCity

Bedrooms: 8

Electric Stove
Refrigerator

Cooling Features: Window Units
Heating Features: Baseboard
Water Heaters: Gas

Road Frontage Type: Ave

Lot Size Acres: 0.5268595
Lot Size Dimensions: 135 X 170
Lot Size Square Feet: 22950

Parking Features: Parking Pad

Existing Lease Type: 100 Percent Occupancy, Lease Required, Security Deposit, Yearly

Number of 2 Bedroom Units: 4

Annual Tax Amount: 7461
Source Listing Status: Active
County: Atlantic
Directions: Ruth 50 turn left to Lafayette street then turn left to Loretta ave.
Tax Year: 2023
Source Property Type: MULTI-FAMILY
Possible Use: Multi Family + Rooms
Area: Weymouth Twp
Source Neighborhood: Weymouth Twp
New Taxes Expense: 7461
Property Subtype: 4 - 10 Units
Source System Name: C2C

Listed 2024-07-24
$699,900
AtlanticCity

Total Square Feet Living: 3000

Sewer: Public Sewer
Water Source: Public

Weymouth Twp Elementary School is a public elementary and middle school located approximately 4.8 miles away.
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Mays Landing Baptist Academy is a private elementary and middle school located approximately 1 miles away.
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Atlantic Cty Inst Of Tech is a public high school located approximately 2.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.