$555,000
Original price: $565,000
5 Beds
2,234 sqft (on 3.90 acres)
244 Route 40 E, Newfield, NJ 08344
Est. Mortgage $4,042/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1999
3.9 acre lot
$248/sqft
Open Parking
Local Information
- Map ViewExplore the area around 244 Route 40 E.
- Schools1 Preschool School1 Elementary School1 Middle School
- Shop & Eat
-- mins to
About this House
GREAT INVESTMENT OPPORTUNITY, IN UPPER PITTSGROVE – EXCELLANT INCOME-PRODUCING Duplex, on 3.9 Acres with Route 40 Frontage Well-maintained duplex situated on a spacious 3.9-acre lot with excellent frontage along Route 40 in Upper Pittsgrove. This income-producing property features two residential units plus a separately rented 4-car garage, creating multiple revenue streams. WELL, MAINTAINED! Unit 1 offers 2 bedrooms and 1 full bath and was updated in 2024. Unit 2 features 3 bedrooms and 1 full bath, and BASEMENT and underwent recent upgrades in 2025. Both units are equipped with central air conditioning and ceiling fans in every room for year-round comfort. TENANTS are responsible for their own gas and electric utilities, helping to minimize owner expenses. NEW SEPTIC BEING INSTALLED. The property also includes a detached 4-car garage that is rented separately, providing additional income potential. A new septic system will be installed prior to settlement, offering added value and peace of mind for the new owner. The expansive 3.9-acre parcel features a blacktop parking area and outstanding visibility along Route 40. With its prime location and road frontage, there may be potential to pursue a variance for commercial use (buyer to perform their own due diligence with local zoning authorities). Whether you're looking to expand your investment portfolio, generate strong rental income, or explore future development opportunities, this versatile property offers exceptional potential in a highly visible location.
Last check for updates: about 2 hours ago
Listing courtesy of Warren COLLINS, (609) 364-3682
Weichert Realtors-Mullica Hill
Source: Bright MLS, MLS#NJSA2018678
Also Listed on Bright MLS.
Home Details for 244 Route 40 E
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Interior Details Basement: Connecting Stairway |
Beds & Baths Number of Bedrooms: 5 |
Dimensions and Layout Living Area: 2234 Square Feet |
Appliances & Utilities Utilities: Natural Gas Available, Electricity Available, Cable Connected, CableAppliances: Gas Water Heater |
Heating & Cooling Heating: Central,Natural GasHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central |
Fireplace & Spa No FireplaceNo Spa |
Gas & Electric Electric: 120/240V |
Windows, Doors, Floors & Walls Flooring: Ceramic Tile, Luxury Vinyl, Carpet |
Levels, Entrance, & Accessibility Number of Stories: 2Accessibility: 2+ Access ExitsFloors: Ceramic Tile, Luxury Vinyl, Carpet |
View No View |
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Exterior Home Features Roof: Architectural Shingle Pitched ShingleOther Structures: Above GradeFoundation: BlockNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 5Parking: Asphalt,Off Street,Parking Lot |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Cesspool |
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Days on Market: 94 |
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Year Built Year Built: 1999Year Renovated: 2025 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: Twin/Semi-DetachedArchitecture: Ranch/Rambler |
Building Construction Materials: Aluminum Siding, Brick, Brick Front, Vinyl SidingNot a New Construction |
Property Information Not Included in Sale: Tenants Personal ItemsIncluded in Sale: 2 Stoves, 2 Washers, 2 Dryers, 2 RefrigeratorsParcel Number: 14000050051 |
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Price List Price: $555,000Price Per Sqft: $248 |
Status Change & Dates Possession Timing: 31-60 Days CD |
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MLS Status: ACTIVE |
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Direction & Address City: NEWFIELD |
School Information Elementary School: Upper PittsgroveElementary School District: Upper Pittsgrove Township Public SchoolsJr High / Middle School: Upper Pittsgrove M.s.Jr High / Middle School District: Upper Pittsgrove Township Public SchoolsHigh School: Woodstown H.s.High School District: Upper Pittsgrove Township Public Schools |
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Listing Agent Listing ID: NJSA2018678 |
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Building Area Building Area: 2234 Square Feet |
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Lot Area: 3.9 Acres |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA |
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Business Information Ownership: Fee Simple |
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Are Units Furnished: NoneNo Rent Control |
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BasementMls Number: NJSA2018678Municipality: UPPER PITTSGROVE TWP |
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Source Internet Automated Valuation Display: YSource Internet Consumer Comment: NSource Internet Entire Listing Display: YSource Internet Address Display: Y |
Around this home
What Locals Say about Newfield
At least 28 Trulia users voted on each feature.
88 % Say yards are well-kept
85 % Say car is needed
77 % Say parking is easy
72 % Say it's dog friendly
63 % Say there's wildlife
63 % Say there's holiday spirit
57 % Say people would walk alone at night
57 % Say it's quiet
50 % Say streets are well-lit
50 % Say they plan to stay for at least 5 years
43 % Say kids play outside
41 % Say there are sidewalks
40 % Say neighbors are friendly
33 % Say there are community events
20 % Say it's walkable to grocery stores
17 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
Market trends in Newfield
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
20
3MoM
Home Value
Trulia Estimate
$544KSince last month
Decreased$10K (-1.8%)Since last year
Decreased$109K (-16.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -17% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $544K |
| August 2026 | $542K |
| July 2026 | $554K |
| June 2026 | $652K |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
4.42 | Multi-Family Home | $376,850 | 07/07/26 | 4 | - | 2,040 | |
4.49 | Multi-Family Home | $385,000 | 01/16/26 | 5 | - | 1,816 | |
4.67 | Multi-Family Home | $376,500 | 04/13/26 | 4 | 2 | 1,711 | |
5.29 | Multi-Family Home | $855,000 | 10/17/25 | 8 | 8 | 4,584 | |
6.04 | Multi-Family Home | $803,000 | 01/30/26 | 12 | - | 2,320 | |
7.30 | Multi-Family Home | $345,000 | 07/08/26 | 4 | 2 | 1,664 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $120,200 | 3 | 2 | 1,128 | Off Market | |
0.05 | $148,900 | 3 | 2 | - | Off Market | |
0.05 | $75,500 | 2 | 1 | 800 | Off Market | |
0.05 | $305,600 | 3 | 1 | 1,095 | Off Market | |
0.13 | $79,500 | 2 | 1 | 800 | Off Market | |
0.13 | $121,000 | 3 | 2 | - | Off Market | |
0.13 | $105,000 | 2 | 2 | 994 | For Sale | |
0.13 | $100,000 | 2 | 1 | 1,350 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 30, 2026 Source: Bright MLS #NJSA2018678 | PriceChange | $555,000 Price decreased by 2% |
Aug 16, 2026 Source: Bright MLS #NJSA2018678 | PriceChange | $565,000 Price decreased by 2% |
Jul 29, 2026 Source: Bright MLS #NJSA2018678 | PriceChange | $575,000 Price decreased by 4% |
Jul 19, 2026 Source: Bright MLS #NJSA2018678 | PriceChange | $599,000 Price decreased by 8% |
Jul 13, 2026 Source: Bright MLS #NJSA2018678 | PriceChange | $649,000 Price decreased by 2% |
Jun 30, 2026 Source: Bright MLS #NJSA2018678 | PriceChange | $659,000 Price decreased by 2% |
Jun 21, 2026 Source: Bright MLS #NJSA2018678 | PriceChange | $675,000 Price decreased by 3% |
Jun 12, 2026 Source: Bright MLS #NJSA2018678 | Listed For Sale | $695,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Warren COLLINS, Weichert Realtors-Mullica Hill
Agent Phone: (609) 364-3682
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. Click here for more information
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Frequently asked questions about 244 Route 40 E
- What is the estimated monthly payment for 244 Route 40 E?Based on a $555,000 list price with 20% down at today's rates, the estimated monthly payment for 244 Route 40 E in Newfield, NJ is approximately $4,101 (about $3,013 principal & interest, $1,013 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Newfield?Residents describe Newfield, NJ as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Newfield, NJ.
- What are the closest schools to 244 Route 40 E?The closest schools to 244 Route 40 E in Newfield, NJ are Upper Pittsgrove Elementary School (Pre-K/Middle, rated 7/10).
- What is 244 Route 40 E estimated to be worth?Trulia's estimated value for 244 Route 40 E in Newfield, NJ is $543,600.
- Does 244 Route 40 E have air conditioning?Yes, 244 Route 40 E in Newfield, NJ has air conditioning.
- Does 244 Route 40 E have parking?Yes, 244 Route 40 E in Newfield, NJ has on-site parking.
244 Route 40 E, Newfield, NJ 08344 is a 5 bedroom, 2,234 sqft multi-family built in 1999. This property is currently available for sale and was listed by Bright MLS on Jun 12, 2026. The MLS # for this home is MLS# NJSA2018678.