Listing agent is related to the seller. This fantastic 2-unit investment property offers an unbeatable location that draws tenants in, and keeps vacancies low! Just two blocks from tree-lined downtown Highland Park, and less than a mile from downtown NB, the prime neighborhood provides a convenient lifestyle and easy access to restaurants, shopping, and commuter trains. The 2, 444 s.f. property encompasses two units, each with 3-beds, 1-bath; with separate meters for gas and electric, private entries, and idyllic covered porches where tenants can watch the seasons pass. Arched doorways and wood floors throughout are charming details, with high ceilings creating a feeling of spaciousness. Each unit offers a living room, dining room and eat-in kitchen with large walk-in pantry. The upstairs unit has an additional three-season porch, and offers untapped income potential in an unfinished walk-up attic that could be converted into a large master suite and bath. The exterior is freshly painted, and outdoor spaces include a front lawn, open backyard, and 4-car off-street parking. Shared laundry is in the basement, steam radiators provide gas heat, and tenants pay all utilities except water. Current rents are $1, 520 and $1, 800, and are well below the market rate of $2, 100 for each. Available for the first time in over 40 years, this investment has paid off for the current owner! A property with a steady, proven income, and a truly convenient location; schedule a showing today!
Off market
$792,100
113 N 2nd Ave, Highland Park, NJ 08904
6beds
0baths
2,444sqft
MultiFamily
Built in 1934
-- sqft lot
$792,100 Zestimate®
$324/sqft
$3,080 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 0
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
Interior area
- Total interior livable area: 2,444 sqft
Property
Features
- Exterior features: Metal
Lot
- Size: 7,501 sqft
Details
- Parcel number: 0701601000000033
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1934
Community & neighborhood
Location
- Region: Highland Park
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$792,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$792,100