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73 Partridge Road

Matawan, NJ 07747
  • $2,000,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 22425515
UPDATED: 19 min ago
$2,000,000
  • 0
    BEDS
  • 1.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,017
    SQFT
  • $399
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1945
County:

School Ratings & Info

Description

SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.8% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Rented with stable tenants. There is room for rent to be increased so additional opportunities are there. No rent control here! Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. Tenant all pay on time or early. None of the tenants get rental assistance. This is fabulous rental property. This is an R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.

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© 2024 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Tejada Real Estate Partners | RE/MAX Select. Data last updated 2024-12-02T23:32:01.213.
www.ilovenewjerseyrealestate.com/homes/154638521
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73 Partridge Road Matawan, NJ 07747

  • Price: $2,000,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 19 min ago
  • MLS #: 22425515
0
Beds
0
Baths
0
½ Baths
1.14
Acres
5,017
SQFT
$399
$/SQFT
1945
Built
Neighborhood:
Old Bridge (OLD)
County:
Middlesex
Area:
Old Bridge (OLD)
Property Description
SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.8% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Rented with stable tenants. There is room for rent to be increased so additional opportunities are there. No rent control here! Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. Tenant all pay on time or early. None of the tenants get rental assistance. This is fabulous rental property. This is an R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.
Exterior Features

Exterior Features [] Garage YN No Parking Features On SiteOpen Roof Shingle Waterfront Features []

Interior Features

Basement PartialWalk-Out AccessOther Cooling Window Unit(s) Cooling YN Yes Fireplaces Total 0 Flooring [] Heating Baseboard Heating YN Yes Interior Features []

Property Features

Assessment Assessed Yes Association Fee Includes [] Gas On Site Yes Lease No Lot Features [] Owner Pays [] Property Sub Type Commercial Sale Yes Sewer Septic Tank Tax Annual Amount 15340 Tax Year 2023 Water Heater Natural Gas Yes Water Source Public Zoning Description Residential

Listing information © 2024 Monmouth-Ocean MLS. Listing provided courtesy of Susan Grace Mcgowan of Hometown Residential Realty LLC: 732-583-8888.


© 2024 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Tejada Real Estate Partners | RE/MAX Select. Data last updated 2024-12-02T23:32:01.213.
 
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Montclair NJ, 07042