Don't miss this incredible opportunity with endless potential! Build your dream home or keep as an investment, incoming producing property! This expansive multifamily residence, currently a 5-unit investment property, is nestled within a single-family zone on a spacious flat lot with ample parking (4 garage spaces, one is currently being… Read More rented for $125 per month and each tenant can have 2 outdoor spots) and generous yard space. Ideally located in a prime location- .3 miles to Watchung Plaza shops, cafe's and NYC direct train- and close to Walnut St Farmer's Market too! The property offers the flexibility to remain a 5-family residence or be converted to a single, 2, 3, or 4-family home. Each unit features separate utilities, with paid laundry available in the basement. Surrounded by beautiful homes, the neighborhood would also welcome a single family conversion or new build. The house and garage are being sold in strictly AS IS condition. 4 units are currently being rented.month to month. Bring your architects and/or your contractors! Read Less
Courtesy of COMPASS NEW JERSEY LLC.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Square Ft.
4,945
Lot Size
0.8 Acres
Year Built
1887
MLS Number
3987649
30 Days Snapshot Of 07042
$807k
-45%
(avg) sold price
16
-27%
homes sold
65
-1%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Storage, Unfinished, Walkout, Yes
Building
Built in 1887
Cooling
No Cool
Exterior Features
Aluminum
Floors
Carpeting, Laminate, Tile, Vinyl-Linoleum, Wood
Garage
10 garage spaces
Water Features
Public Water
Heating
Gas-Natural, 1 Unit, Radiators - Steam
Lot
Approximate Lot Size: 34950SF, 0.8 acres, Level Lot
Owner Pays
Heat, Hot Water, Maintenance-Common Area, Repairs, Sewer, Snow Removal, Water
Property
4,945 sqft building, 5 units
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $29,520, Tax Rate: 3.380
Tenant Pays
Cable T.V., Electric, Gas
Utilities
Electric, Gas-Natural, Garbage Included, Internet Available
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All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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