Matawan, NJ 07747,73 Partridge Road
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Matawan, NJ 07747,73 Partridge Road
Matawan, NJ 07747,73 Partridge Road
Matawan, NJ 07747,73 Partridge Road
Matawan, NJ 07747,73 Partridge Road
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$ 1,999,000
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73 Partridge Road Matawan, NJ 07747

14 Beds

10 Baths

5,017 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 7+ Family

Listing Status Pending

Purchase Type For Sale

Square Footage 5,017 sqft

Price per Sqft $398

Municipality Old Bridge (OLD)

MLS Listing ID 22425516

Bedrooms 14

Full Baths 10

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Annual Tax Amount $15,340

Tax Year 2023

Lot Size 1.140 Acres

Acres 1.14

Property Sub-Type 7+ Family

Adult Community No

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 known as John Partridge).

Rooms

Basement Walk-Out Access

Interior

Heating Forced Air

Cooling Multi Units

Exterior

Parking Features Open, See Remarks, Off Street, Unpaved

Garage No

Private Pool No

Building

Lot Description Level, Wooded

Sewer Septic Tank

Water Public

Schools

Elementary Schools Cheesequake

Middle Schools Carl Sandburg

High Schools Old Bridge

Others

Senior Community No

Tax ID 15-10252-0000-00005


Monmouth Ocean MLS (MOMLS)
Listed by Hometown Residential Realty LLC
agent

James Flanagan

Broker

+1(908) 783-8682

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73 Partridge Road