Remarkable investment opportunity! Well-maintained 4-family, located in a commuter's delight! Rents are currently well below fair-market value; with a rental adjustment to current values there would be a substantial increase to net income! All 4 units are rented, and none have been vacant in over a decade! Don't miss out on this rare opportunity to own a trouble free, income-generating property! * $15,000 annual expenses include property taxes!
Sold for $720,000 on 01/09/24
$720,000
35 McPherson St, South River, NJ 08882
6beds
4baths
3,036sqft
Multi Family
Built in 1945
-- sqft lot
$789,600 Zestimate®
$237/sqft
$2,803 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 10, 2024 at 03:02pm
Listed by:
Paul Sicola,
NEW JERSEY REALTY, LLC. 609-655-9222
Source: All Jersey MLS,MLS#: 2404852R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Forced Air
Cooling
- A/C Window Unit(s)
Appliances
- Included: Water Heater(Gas), Water Heater
Features
- Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 4(2 Bedrooms, Kitchen, 1 Bath, Living Room)
Interior area
- Total structure area: 3,036
- Total interior livable area: 3,036 sqft
Property
Features
- Stories: 2
Lot
- Size: 5,001 sqft
- Dimensions: 100.00 x 100.00
- Features: Near Shopping, Near Train, Level
Details
- Parcel number: 2300177000000003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1945
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: South River
Other
Other facts
- Ownership: Fee Simple
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Estimated market value
$789,600