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823-827 Route 57

STEWARTSVILLE, NJ 08886
  • $1,100,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: NJWR2000172
UPDATED: 25 min ago
$1,100,000
  • 0
    BEDS
  • 1.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

The parts may be worth more than the whole! Well- maintained, Multi-use property consisting of two single family 2 bedroom homes , a 5 unit motel and a mixed use building with retail on first floor and a 3 bedroom apartment above on three lots totaling 1.29 acres. Buildings share access easements, common well and septic systems. Great rental history. Gross income of $95,000 with estimated NOI of $60,000 with below market rents. Increase rents to market to generate quick returns.

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©2022 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-13T12:01:15.033.
www.kayplatinumgroup.com/homes/131090513
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823-827 Route 57 STEWARTSVILLE, NJ 08886

  • Price: $1,100,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 25 min ago
  • MLS #: NJWR2000172
0
Beds
0
Baths
0
½ Baths
1.29
Acres
1950
Built
Neighborhood:
Greenwich Twp (22107)
County:
Warren
Area:
Greenwich Twp (22107)
School District:
Greenwich Township Public Schools
Property Description
The parts may be worth more than the whole! Well- maintained, Multi-use property consisting of two single family 2 bedroom homes , a 5 unit motel and a mixed use building with retail on first floor and a 3 bedroom apartment above on three lots totaling 1.29 acres. Buildings share access easements, common well and septic systems. Great rental history. Gross income of $95,000 with estimated NOI of $60,000 with below market rents. Increase rents to market to generate quick returns.
Exterior Features

Construction Materials Brick FrontBlockWood Siding Garage YN No Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5680.00 Cooling Window Unit(S) Heating 90% Forced Air Heating YN Yes Net Square Feet 5700.00

Property Features

Accessibility Features None Assessment Year 2021 Business Type Other/General RetailHotel/Motel Central Air YN No Cooling Fuel Electric Cross Street Richline Hill Rd Heating Fuel Oil Historic YN No Hot Water Electric Lease Considered YN No Municipality Greenwich Twp Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 801749523672 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Mixed Use Sale Type Standard Sewer On Site Septic Tax Annual Amount 19358.91 Tax Assessment Amount 581000.00 Tax Lot 91011 Vacation Rental YN No Water Source Private Year Built Effective 2007 Zoning B-1

Listing courtesy of Bhhs Fox & Roach Hopewell Valley.


©2022 Bright MLS, All Rights Reserved. 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Kay Platinum Real Estate Group | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-13T12:01:15.033.
 
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Kay Platinum Real Estate Group | EXP Realty
966 Shoppes Blvd
North Brunswick Township NJ, 08902