Homes for sale - 73 Partridge Road, Matawan, NJ 07747

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$1,999,000

Est. payment - /mo

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5,017 SqFt

Price Dropped by $1K

73 Partridge Road Matawan, NJ 07747

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Christina "Chrissy Keys" Gelpi

chrissy@chrissykeys.com +1(732) 485-9393

UPDATED:

12/12/2024 07:58 PM

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

Listed by Hometown Residential Realty LLC

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Christina "Chrissy Keys" Gelpi

Agent | License ID: 1329223

+1(732) 485-9393