This property is a fantastic income generator with a strong rental history. All units, including the storefront, are fully leased, producing an annual rental income of $39,000. It also boasts a full basement offering ample storage space and is outfitted with three separate HVAC systems, water heaters, and electrical services. Tenants cover all utilities, with water costs split three ways. Located in a prime area, this is a solid investment opportunity.
Sold for $439,000 on 11/26/24
$439,000
71 E Railroad Ave, Jamesburg, NJ 08831
2beds
3baths
--sqft
Multi Family
Built in 1930
-- sqft lot
$566,500 Zestimate®
$--/sqft
$2,698 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: November 26, 2024 at 06:29pm
Listed by:
Preeti Kasbekar,
RE/MAX FIRST REALTY, INC. 732-257-3500
Source: All Jersey MLS,MLS#: 2503922R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- Forced Air
Cooling
- A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central), Unit 3(A/C Central)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Refrigerator), Unit 2(Refrigerator)
Features
- Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 3(1 Bath, See Remarks)
- Basement: Full, Exterior Entry, Storage Space, Tenant Use
Interior area
- Total structure area: 0
Property
Accessibility
- Accessibility features: Unit 1 Accessibility Features, Unit 2 Accessibility Features, Unit 3 Accessibility Features
Features
- Stories: 2
- Exterior features: Storage Shed, Yard
Lot
- Size: 3,172 sqft
- Dimensions: 122.00 x 26.00
- Features: Near Shopping, See Remarks
Details
- Additional structures: Shed(s)
- Parcel number: 80003400003
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1930
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Jamesburg
Other
Other facts
- Ownership: See Remarks
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Estimated market value
$566,500