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Off market
  • $2,265,500

    31 Arch St #53, High Bridge, NJ 08829

    26beds
    --sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $2,265,500 Zestimate®
    $--/sqft
    $-- Estimated rent

    Owner options

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    $15,745/mo

    Est. payment

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    $15,745/mo

    Est. payment

    What's special

    An exceptionally rare investment opportunity in Hunterdon County consists of three residential buildings, each with four units, housing a total of 12 apartments. These well-maintained apartment buildings sit on 2.8 picturesque acres in High Bridge. Currently netting approx. $140k in annual income with the potential for even more, it represents a solid investment with a steady cash flow, long-term tenants, and some below-market rate rentals for an exceptional opportunity. All units have spacious living rooms, expansive and updated eat-in kitchens, full updated baths and a laundry in each unit. Ten units have two bedrooms and two units offer three bedrooms. Four units have full basements. Located in a scenic rural area, the units also offer decks and/or patios and front porches for warm weather enjoyment. Each unit has two spaces for off-street parking, public water and sewer. This central location is minutes to train and bus stations as well as Routes 78, 22 and 31 for commuters. The area also provides a variety of local dining, shopping, recreational activities and top-rated schools, enhancing this unique investment opportunity. Also see Commercial MLS# 3932187

    Zillow last checked: 13 hours ago

    Source: Turpin Realtors,MLS#: 3932192MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 26
    • Bathrooms: 12
    • Full bathrooms: 12
    Heating
    • Electric
    Features
    • Has fireplace: No

    Property

    Features
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 1914000310000000020002

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1910
    • Major remodel year: 1910

    Community & neighborhood

    Location
    • Region: High Bridge
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    Estimated market value
    $2,265,500