$65,000
●
House -
Off Market
239 GREEN AVENUE
BRIDGETON, NJ 08302
3 Beds
1 Bath
1,070 Ft²
$7,060
Est. Monthly
-35.76%
Cap Rate
About This Property
Investor Special – Fire-Damaged Property with Major Potential!
This is an exceptional opportunity for investors, contractors, or developers ready to take on a full renovation or rebuild. The property was recently affected by a fire and has sustained significant damage. It has since been cleared out and is now vacant and available for walk-through viewings.
Previously rented to a long-term tenant of over 20 years, this property has proven rental history. Included in the sale are three lots (Lots 13, 14, and 15), offering additional development potential. There may be an opportunity to build a second home if the lots are combined. Buyer to perform their own due diligence regarding zoning and permitting requirements.
This is a rare chance to purchase a value-add property with multiple exit strategies. Don't miss out!
This is an exceptional opportunity for investors, contractors, or developers ready to take on a full renovation or rebuild. The property was recently affected by a fire and has sustained significant damage. It has since been cleared out and is now vacant and available for walk-through viewings.
Previously rented to a long-term tenant of over 20 years, this property has proven rental history. Included in the sale are three lots (Lots 13, 14, and 15), offering additional development potential. There may be an opportunity to build a second home if the lots are combined. Buyer to perform their own due diligence regarding zoning and permitting requirements.
This is a rare chance to purchase a value-add property with multiple exit strategies. Don't miss out!
Unit Size
1,070 Ft²
Days on Market
157 days
Land Size
0.11 acres
Price per sqft
$75
Property Type
House
Property Taxes
$6,667
HOA Dues
-
Year Built
1988
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (Bright MLS #NJCB2023090)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 19, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Price Decreased |
$80,000
↓ $70K
(46.6%) | |
| Price Decreased | |||
| Mar 11, 2025 | Listed | $149,900 | |
| Listed | |||
| | |||
|
Investor Opportunity! This property presents an excellent investment opportunity, currently generating $1,150 per month in rental income from a long-term tenant of over 20 years. The tenant is hoping to stay but is prepared to relocate if necessary.
The home requires significant renovation, making it ideal for investors or developers looking for a project. Three lots are included in the sale (Lots 13, 14, and 15), offering tremendous potential. If combined, the property may be eligible for the construction of a second home—buyer to conduct their own due diligence regarding zoning and building requirements.
DRIVE-BY SHOWING ONLY-NO INTERIOR ACCESS AVAILABLE.
Don't miss this unique opportunity to maximize the value of this property!
| |||
| Mar 13, 2015 | Sold | ||
| Sold | |||
Show More
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Bridgeton
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sofia Kovalyuk
Keller Williams Prime Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJCB2023090
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Keller Williams Prime Realty
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# NJCB2023090
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017