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Key Details
Sold Price $599,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,931 sqft
Price per Sqft $204
MLS Listing ID 2306049R
Sold Date 06/30/23
Originating Board CJMLS API
Annual Tax Amount $7,588
Tax Year 2021
Lot Size 2,234 Sqft
Acres 0.0513
Lot Dimensions 77.00 x 29.00
Property Description
Amazing opportunity to own this great investment property or simply rent a unit to pay for your monthly expenses and live in the other. Both units are rented month-to-month basis. Income potential $2,500 each unit/Annual $60,000, Cap Rate 7.6%. Won't last! This two family house has transportation right in front, bus to Woodbridge Center, Close to Major Highways - GS Pkwy and Route 9, NJ Transit Train to NYC in 35 to 40 mins, Train to Jersey Shores such as Belmar Beach, Bradley Beach, Asbury Park, Pt. Pleasant and more, ferry starting the end of the year 2022, Raritan Bay and Park, Restaurants and Shops, Schools and House of Worship. Each unit consists of 3 bedroom, 1 bath, laundry - washer & dryer, EIK, Living Room, Dining Room, both units have central air. 2nd floor has wood-like tiled floors, updated kitchen with stainless appliances, wood cabinets, updated bathroom. First floor has the same layout needs some update. Full basement with its own entryway, concrete driveway for 2 cars. This property is eligible for a grant up to $15K toward down payment and closing cost for first time buyers if they qualify. Call to schedule appointment and to find out more details.
Location
State NJ
County Middlesex
Zoning RA
Rooms
Basement Full, Utility Room
Interior
Interior Features Unit 1(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room)
Heating Forced Air
Cooling A/C Central - All, Ceiling Fan(s), Unit 1(A/C Central), Unit 2(A/C Central)
Appliance Water Heater(Gas), Unit 1(Dryer, Refrigerator, Washer), Unit 2(Dryer, Refrigerator, Washer)
Heat Source Natural Gas
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Asphalt,Flat
Parking Type 1-2 Car Parking, See Remarks
Building
Lot Description Near Shopping, Near Train, See Remarks, Near Public Transit
Story 2
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 2000129000000011
Ownership Fee Simple
Energy Description Natural Gas
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