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Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,922 sqft
Price per Sqft $286
Subdivision Forty Lts
MLS Listing ID 2412212R
Sold Date 08/02/24
Originating Board CJMLS API
Year Built 1972
Annual Tax Amount $8,087
Tax Year 2022
Lot Size 5,000 Sqft
Acres 0.1148
Lot Dimensions 100.00 x 50.00
Property Description
Excellent investment opportunity. It is a great time to own a 2-family property with a 3-car detached garage plus parking space for 5 additional vehicles. The property is near the train station, RWJ Hospital, Rutgers University, restaurants, and shopping. Both units provide 2 bedrooms and 1 bathroom. The 2nd floor offers access to the attic and a private deck. There is a private laundry room in the basement with a coin-op washer. The 50-gallon water heaters were updated in 2021 and 2022. The 2nd-floor unit windows were updated in 2020 and the 1st-floor windows in 2021. The apartment units are separately metered. The property is being sold in "as-is" condition. Inspection is for informational purposes only. This property has tremendous potential for someone looking for a solid long-term investment. This one will not last!
Location
State NJ
County Middlesex
Zoning R-5A
Rooms
Basement Full, Exterior Entry, Storage Space, Interior Entry, Laundry Facilities
Interior
Interior Features Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room)
Heating Radiators-Hot Water
Cooling None, A/C Window Unit(s)
Appliance Water Heater(Electric, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Heat Source Natural Gas
Exterior
Exterior Feature Deck, Yard
Garage Spaces 3.0
Utilities Available Electricity Connected, Natural Gas Connected
Porch Deck
Parking Type Garage, Detached, 4(+)Car Parking
Building
Lot Description Near Shopping, Near Train, Near Public Transit
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 130005800000003101
Ownership Fee Simple
Energy Description Natural Gas
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