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Key Details
Sold Price $335,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,613 sqft
Price per Sqft $128
MLS Listing ID 2302350R
Sold Date 02/17/23
Originating Board CJMLS API
Year Built 1905
Annual Tax Amount $6,761
Tax Year 2021
Lot Size 4,521 Sqft
Acres 0.1038
Lot Dimensions 113.00 x 40.00
Property Description
Your opportunity to renovate this large 2 family and turn it into a cash generating machine! Don't come in thinking this one just needs some lipstick - it is going to need real work - new HWHs, HVAC system and ductwork or boilers and baseboard, roof, windows, full interior reno, and more. But when you are done you will have an asset that will be easy to upkeep and you can set on auto-pilot while you collect big rents. Proposed 1st floor apartment layout is huge LR/DR combo, 2 bedrooms, kitchen & 2 full baths. Upstairs apartment is 2 BRs, LR, Kitchen, Den or DR and 1 bath on 2nd floor plus rec area, 3rd BR, and bath in finished attic (you need to add egress window to BR per Borough of South River). 2 Car Detached Garage. Buyer will need to submit permits and plans to South River to finish conversion of 1st floor apartment back to 1 unit as someone once split it in half. Seller is obtaining the architect drawings and will provide them to buyer. Seller will consider holding short term financing for qualified buyers terms to be 20% minimum down payment, 1 point origination fee, 10% interest rate, 6 month period and 1 additional point to extend for an additional 6 months if needed. Seller is a licensed real estate broker in NJ. Property sold strictly AS IS with buyer responsible to obtain Temporary C of O / Smoke Cert. Some of the interior demo has already been started for you.
Location
State NJ
County Middlesex
Zoning R-75
Rooms
Basement Crawl Space, Partial, Exterior Entry
Interior
Interior Features Unit 1(2 Bedrooms, Kitchen, Living Room, 2+ Baths), Unit 2(Dining Room, 3 Bedrooms, Kitchen, Living Room, 2+ Baths, Den/Family Room)
Heating See Remarks
Cooling See Remarks
Appliance Water Heater(Gas)
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Asphalt
Parking Type Garage, Detached, 1-2 Car Parking
Building
Lot Description See Remarks
Story 2.5
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 2300290000000002
Ownership Fee Simple
Energy Description Natural Gas
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