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Harbor Apartments 2580 Tilton Rd 92 Unit Apartment Building $21,832,001 CAD ($237,304 CAD/Unit) Egg Harbor Township, NJ 08234
Investment Highlights
- 7+% High CAP rate and Low $/unit for Like New Construction
- 100% Occupancy Fully leased and stabilized
- Resident Recreation Onsite Courts & Fitness Amenities
- 2025 Full Gut-Renovation and Hotel to Multifamily Conversion
- Diverse Unit Mix Studio, 1, 2 & 3 Bedroom Layouts
Executive Summary
Harbor Apartments is a multifamily community recently renovated in 2025, offering studio through three-bedroom floor plans, including designated COAH units. The unit mix supports broad renter demand, serving both individual households and larger families within a single suburban asset. Community amenities, including a basketball court, pickleball court, and indoor workout room, enhance resident experience and support long-term retention. The balanced unit composition across the 4.83-acre site supports steady leasing activity and positions the property for sustained performance.
Located in Egg Harbor Township, a growing suburban market in Atlantic County, the property benefits from strong connectivity and a well-established amenity base. NJ Transit bus service along Tilton Road provides direct connectivity to regional destinations, while Atlantic City International Airport is within a 15-minute drive. US Route 40 and the Garden State Parkway offer efficient vehicular access throughout South Jersey and the Jersey Shore. Nearby retail centers, including Cardiff Plaza, Circle Plaza, and Harbor Square, provide daily conveniences, while major employers such as FedEx Freight, UPS, Hi-Tec Systems, and Raytheon support consistent rental demand.
For additional information, please visit: https://harbor.hudsonatlantic.com
Located in Egg Harbor Township, a growing suburban market in Atlantic County, the property benefits from strong connectivity and a well-established amenity base. NJ Transit bus service along Tilton Road provides direct connectivity to regional destinations, while Atlantic City International Airport is within a 15-minute drive. US Route 40 and the Garden State Parkway offer efficient vehicular access throughout South Jersey and the Jersey Shore. Nearby retail centers, including Cardiff Plaza, Circle Plaza, and Harbor Square, provide daily conveniences, while major employers such as FedEx Freight, UPS, Hi-Tec Systems, and Raytheon support consistent rental demand.
For additional information, please visit: https://harbor.hudsonatlantic.com
Property Facts
| Price | $21,832,001 CAD | Building Class | B |
| Price Per Unit | $237,304 CAD | Lot Size | 4.84 AC |
| Sale Type | Investment | Building Size | 55,000 SF |
| No. Units | 92 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1980/2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | RG-4 - In Egg Harbor Township, NJ, RG-4 refers to a Residential District | ||
| Price | $21,832,001 CAD |
| Price Per Unit | $237,304 CAD |
| Sale Type | Investment |
| No. Units | 92 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.84 AC |
| Building Size | 55,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2025 |
| Opportunity Zone |
Yes |
| Zoning | RG-4 - In Egg Harbor Township, NJ, RG-4 refers to a Residential District |
Amenities
Site Amenities
- Fitness Center
- Laundry Facilities
- Basketball Court
- Grill
- Pickleball Court
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | 390 |
| 1+1 | 59 | - | 625 |
| 2+1 | 9 | - | 725 |
| 3+1 | 4 | - | 875 |
Property Taxes
| Parcel Number | 08-01101-0000-00014 | Improvements Assessment | $2,356,016 CAD |
| Land Assessment | $1,157,015 CAD | Total Assessment | $3,513,031 CAD |
Property Taxes
Parcel Number
08-01101-0000-00014
Land Assessment
$1,157,015 CAD
Improvements Assessment
$2,356,016 CAD
Total Assessment
$3,513,031 CAD
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Harbor Apartments | 2580 Tilton Rd
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