Property Description

Cash-flowing investment opportunity in Eastampton: three individual single-family homes,1, 3 and 6 Gerber, on an 0.82-acre lot (one block and lot, one deed), all tenant-occupied with leases in place through 2027. Two 1-bedroom/1-bath homes and one 2-bedroom/1-bath home currently gross $3,450 per month, with two of the tenancies supported by State of NJ rental assistance. Per the leases, tenants pay electric, water, and heat; landlord pays sewer and trash and snow plowing of the road. Recent capital work includes new sewer lines to all three homes (2025), new windows throughout (2023-2025), a new roof on 3 Gerber (2024), and a transferable lead-free interior certificate (2025). Public water and sewer, electric baseboard heat, and low-maintenance one-story frame construction on a private lane along the Rancocas Creek. Sold strictly as-is with tenants in place, subject to their leases; buyer is responsible for the certificate of occupancy. Income and expense summary and leases available for qualified buyers. Please do not approach the properties without a confirmed appointment.