This is a rare opportunity to live in one unit and rent out the other, subsidizing your mortgage payments as an owner-occupant, or to kickstart your investing with a clean, solid property ready to perform for years to come. The two-unit building offers a well-maintained first-floor unit occupied by a long-term tenant, providing steady income from day one. The second-floor unit is vacant and move-in ready, perfect for an owner to occupy or rent out for additional income. Renovated within the last 20 years, the property features central forced air heating and air conditioning in both units, ensuring modern comfort. Situated on just under half an acre with ample parking, this home combines space, convenience, and the potential for great cash flow. Whether youâre an investor or looking for a smart way to offset your living costs, this property offers a fantastic opportunity.
The median home value in Delran, NJ is $422,500. This is higher than the county median home value of $316,600. The national median home value is $338,100. The average price of homes sold in Delran, NJ is $422,500. Approximately 68.61% of Delran homes are owned, compared to 26.05% rented, while 5.34% are vacant. Delran real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Delran real estate agent to arrange a tour today!
Delran, New Jersey has a population of 17,708. Delran is more family-centric than the surrounding county with 32.16% of the households containing married families with children. The county average for households married with children is 32.09%.
The median household income in Delran, New Jersey is $94,428. The median household income for the surrounding county is $95,935 compared to the national median of $69,021. The median age of people living in Delran is 38.9 years.
The average high temperature in July is 87.3 degrees, with an average low temperature in January of 23.7 degrees. The average rainfall is approximately 47.1 inches per year, with 10.5 inches of snow per year.