Look no further! Located on a quiet street less than a mile from Rowan University, this up/down style duplex is an investors dream! The property includes a 3 bedroom, 2 bathroom first floor unit and 2 bedroom, 1 bathroom second floor unit. The first floor unit features spacious rooms, a large brick fireplace, and on-site laundry access in the basement. The second floor unit includes a private, outdoor entrance and an eat-in kitchen, The large, partially fenced-in backyard is conveniently divided in half for occupants of both units to enjoy. The backyard includes a deck off of the first floor unit and a concrete patio. Not only does each tenant have their own back yard space but they also each have their own driveway! A bonus kitchenette downstairs and multiple entrances could allow for an easy conversion to a third unit studio. The possibilities here are endless! Don't miss out on the chance to invest in an up-and-coming area and build wealth from a cash flowing property! Lower unit lease expires 5/31/2022 and the monthly rent is $1400. Upper unit lease expires 3/31/2022 and the monthly rent is $1000.
Multi-familyProperty Type
1927Year Built
0.37 acresLot Size
$179Est. Price/Sq.Ft.
Listed by Brian Belko• BHHS Fox & Roach-Washington-Gloucester
•856-227-8900 (broker)
Bought with Jacqueline Webb• Sage Realty Group LLC
OWNER IS RELOCATING AND SAIDS SELL! Walking distance to Rowan University! This two unit property is located in the Chestnut Ridge area. The first floor is huge! Living room, dining area, 3 large bedrooms, plus a bonus room with kitchenette or possible 4th bedroom. This floor also offer 2 full bathrooms, and its own gas and electric. This unit has been professionally painted and cleaned ready for new tenants. The second floor features 2 bedrooms and 1 full bath. Large yard and tons of parking. The first floor unit rented for $2200/month, and second floor for $1200/month. Property and garage being sold "as-is. " owner will obtain CO FOR SALE.
TREND #6294085
Mar 3, 2014
Delisted
—
Feb 21, 2014
Sold
$159,500
$72/sq ft
Jan 20, 2014
Pending
—
Nov 11, 2013
Delisted
—
Oct 22, 2013
Price Changed
$159,971
$72/sq ft
Oct 15, 2013
Listed
$169,971
$76/sq ft
BRIGHT MLS #1003619964
Feb 21, 2014
Sold
$159,500
$72/sq ft
Jan 20, 2014
Listing Removed
—
Oct 15, 2013
Listed
$159,971
$72/sq ft
BRIGHT MLS #1009224904
Sep 30, 2013
Listing Removed
—
Mar 8, 2011
Listed
$169,971
$76/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,234 (+14.6%)
$63,400 + $125,800
$189,200
2024
$5,442 (+0.6%)
$63,400 + $108,000
$171,400
2023
$5,409 (+1.0%)
$63,400 + $91,200
$154,600
2022
$5,355 (−1.7%)
$63,400 + $91,200
$154,600
2021
$5,447 (−5.1%)
$63,400 + $91,200
$154,600
2020
$5,740 (−0.2%)
$63,400 + $91,200
$154,600
2019
$5,749
$63,400 + $98,600
$162,000
2018
$5,753 (−0.5%)
$63,400 + $98,600
$162,000
2017
$5,780 (−18.8%)
$63,400 + $98,600
$162,000
2016
$7,120 (+4.6%)
$63,400 + $98,600
$162,000
2014
$6,808 (+1.4%)
$63,400 + $142,100
$205,500
2013
$6,714 (+3.8%)
$63,400 + $142,100
$205,500
2012
$6,465 (+98.7%)
$63,400 + $142,100
$205,500
2011
$3,253 (−42.7%)
$63,400 + $142,100
$205,500
2010
$5,679 (+3.1%)
$31,900 + $73,100
$105,000
2009
$5,507
$31,900 + $73,100
$105,000
Tax history for 408 Cornell Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,234 (+14.6%)
$63,400 + $125,800
$189,200
2024
$5,442 (+0.6%)
$63,400 + $108,000
$171,400
2023
$5,409 (+1.0%)
$63,400 + $91,200
$154,600
2022
$5,355 (−1.7%)
$63,400 + $91,200
$154,600
2021
$5,447 (−5.1%)
$63,400 + $91,200
$154,600
2020
$5,740 (−0.2%)
$63,400 + $91,200
$154,600
2019
$5,749
$63,400 + $98,600
$162,000
2018
$5,753 (−0.5%)
$63,400 + $98,600
$162,000
2017
$5,780 (−18.8%)
$63,400 + $98,600
$162,000
2016
$7,120 (+4.6%)
$63,400 + $98,600
$162,000
2014
$6,808 (+1.4%)
$63,400 + $142,100
$205,500
2013
$6,714 (+3.8%)
$63,400 + $142,100
$205,500
2012
$6,465 (+98.7%)
$63,400 + $142,100
$205,500
2011
$3,253 (−42.7%)
$63,400 + $142,100
$205,500
2010
$5,679 (+3.1%)
$31,900 + $73,100
$105,000
2009
$5,507
$31,900 + $73,100
$105,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
—
Sq. Ft.
2,230
Year built
1927
Style
Single Family Residential
County
Gloucester County
APN
0600133 00006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R-2
Medium-Density Residential District
The purpose of the R-2 District is to recognize the predominant pattern of detached single-family dwellings, the limited pattern of two-family dwellings, and the renting of rooms in some dwelling units in proximity to the college.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Educational/school
Park & open space
Property details
Parking
Parking Information
Driveway
Interior
Interior Information
Living Area Sq.Ft. Source: Assessor
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Basement Information
Basement: Yes
Unfinished
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Improvement Assessed Value: $91,200
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Units (Total): 2
Construction Materials: Frame
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $63,400
Above Grade Information
Finished Sq.Ft.: 2,230
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
Tax Assessed Value: $154,600
Tax Year: 2021
Tax Annual Amount: $5,447
Assessments Information
Year Assessed: 2021
Lease Information
Existing Lease Type: Long Term
Rental Information
Total Actual Rent: $28,800
Utilities
Utilities Information
Central Air
Cooling Type: Window Unit(s), Central A/C
Cooling Fuel: Electric
Central, Baseboard - Electric
Heating Fuel: Natural Gas
Hot Water: Electric
Sewer Septic: Public Sewer
Natural Gas Available, Electric Available
Water Source: Public
Location
Multi Unit Information
# of Two Bedroom Units: 1
# of Three Bedroom Units: 1
# of Units Leased: 2
School Information
School District Name: GLASSBORO PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
Directions: Use GPS
Municipality: GLASSBORO BORO
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,230
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1927
Year Renovated: —
County: Gloucester County
APN: 0600133 00006
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
J Harvey Rodgers School
Public PreK-K • Assigned • 0.2mi
Glassboro High School
Public 7-12 • Assigned • 1.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
62% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Glassboro, NJ • 08028
Average low and high temperatures (°F)
37
22
42
25
59
38
67
45
73
54
83
64
88
70
83
63
78
60
70
47
57
39
43
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.9 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$380,000 – $460,000
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