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$ 849,000
Est. payment | /mo
8 Beds
4 Baths
4,356 Sqft Lot
$ 849,000
Est. payment | /mo
8 Beds
4 Baths
4,356 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3993614
Style Fourplex
Bedrooms 8
Full Baths 4
Year Built 1924
Annual Tax Amount $11,083
Tax Year 2024
Lot Size 4,356 Sqft
Property Description
A solid investment opportunity with immediate income potential. This well-kept fourplex is conveniently located just minutes from Route 22, local parks, the town pool, and public transportation. Each unit includes a kitchen, living room, standard closet space, and offers a mix of 1-, 2-, and 3-bedroom layouts. Two of the units are duplex-style, providing additional living space. The entire interior has been recently painted and updated, making the property move-in ready. All units have separate utilities, which simplifies management and helps control operating costs. A private driveway and a rare five-car garage provide ample off-street parking. The garages also offer an additional source of income, with two currently rented and three available, each at $250/month for a potential total garage rental income of $1,250/month. With strong rental demand in the area, the estimated total monthly income is approximately $8,500. Ideal for investors seeking a reliable, income-generating property in a highly accessible location.
Location
State NJ
County Union
Zoning Residential
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Heating Gas-Natural
Cooling None, WindowAC
Heat Source Gas-Natural
Exterior
Exterior Feature Stucco
Parking Features Detached Garage
Garage Spaces 5.0
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style Fourplex
Others
Senior Community No

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Colin Devlin
Salesperson | Lic# 1859320