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73 Partridge Road

Matawan, NJ 07747
  • $2,000,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 22425516
UPDATED: 39 min ago
$2,000,000
  • 14
    BEDS
  • 1.14
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 5,017
    SQFT
  • $399
    $/SQFT
Type:
Multi-Family
County:

School Information

Elementary School:
Middle School:
High School:

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 The Jersey Shore Group | eXp Realty. Data last updated 2024-11-04T12:19:53.33.
www.jerseyshoregroup.com/homes/154638522
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73 Partridge Road Matawan, NJ 07747

  • Price: $2,000,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 39 min ago
  • MLS #: 22425516
14
Beds
10
Baths
0
½ Baths
1.14
Acres
5,017
SQFT
$399
$/SQFT
County:
Middlesex
Area:
Old Bridge (OLD)
Elementary School:
Cheesequake
Middle School:
Carl Sandburg
High School:
Old Bridge
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

Attached Garage YN No Exterior Features [] Garage YN No Parking Features OpenSee RemarksOff StreetUnpaved Parking Total 20 Roof [] Waterfront Features [] Waterfront YN No Waterview No

Interior Features

Basement Walk-Out Access Cooling Multi Units Cooling YN Yes Fireplaces Total 0 Flooring [] Heating Forced Air Heating YN Yes Interior Features []

Property Features

Assessment Assessed Yes Lot Features LevelWooded Other Elementary School St. Benedict Other High School Old Bridge Owner Pays Yard MaintenanceWaterSnow RemovalSewerGarbage Removal Pool No Property Sub Type 7+ Family Sewer Septic Tank Tax Annual Amount 15340 Tax Year 2023 Tenant Pays GasElectricity 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 The Jersey Shore Group | eXp Realty. Data last updated 2024-11-04T12:19:53.33.
 
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The Jersey Shore Group | eXp Realty
28 Valley Rd. Suite 1
Montclair NJ, 07042