73 Partridge Road Active Save Request In-Person Tour Request Virtual Tour
Matawan,NJ 07747
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,017 sqft
Price per Sqft $398
Municipality Old Bridge (OLD)
MLS Listing ID 22425515
Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)
Year Built 1945
Annual Tax Amount $15,340
Tax Year 2023
Lot Size 1.140 Acres
Acres 1.14
Property Description
SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.8% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Rented with stable tenants. There is room for rent to be increased so additional opportunities are there. No rent control here! Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. Tenant all pay on time or early. None of the tenants get rental assistance. This is fabulous rental property. This is an R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.
Location
State NJ
County Middlesex
Area None
Direction Route 516 to Partridge (also knows as John Partridge). Driveway is on left. Please do not walk property without an appointment.
Rooms
Basement Partial,Walk-Out Access,Other
Interior
Heating Baseboard
Cooling Window Unit(s)
Exterior
Parking Features On Site,Open
Roof Type Shingle
Building
Sewer Septic Tank
Water Public
Others
Senior Community No
Tax ID 15-10252-0000-00005