73 Partridge Road Active

Matawan,NJ 07747

$ 2000000

14 Beds

10 Baths

5017 SqFt


Key Details

Property Type Multi-Family

Sub Type 7+ Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,017 sqft

Price per Sqft $398

MLS Listing ID 22425516

Bedrooms 14

Full Baths 10

Annual Tax Amount $15,340

Tax Year 2023

Lot Size 1.140 Acres

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 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. New septic is being done now. 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

Interior

Heating Forced Air

Cooling Multi Units

Exterior

Garage Open,See Remarks,Off Street,Unpaved

Waterfront No

Building

Lot Description Level,Wooded

Sewer Septic Tank

Water Public

Schools

Elementary Schools Cheesequake

Middle Schools Carl Sandburg

High Schools Old Bridge

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