Bought with Kevin P Zimmer • ERA Central Realty Group - Bordentown
$428,570
$495,000
13.4%For more information regarding the value of a property, please contact us for a free consultation.
262 COUNTY ROAD 519 Stockton, NJ 08559
2,604 SqFt
Key Details
Sold Price $428,570
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,604 sqft
Price per Sqft $164
MLS Listing ID NJHT2003472
Sold Date 02/28/25
Style Other
Abv Grd Liv Area 2,604
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $7,288
Tax Year 2024
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 0.00 x 0.00
Property Sub-Type Detached
Property Description
Prime Commercial Investment Opportunity
Unlock the potential of this versatile 4-unit commercial property in a prime location! Built in 1900, this 2-story, 2,604 sq. ft. building sits on a generous 0.54-acre lot (23,522 sq. ft.) and is perfect for investors seeking steady income and future growth. Currently fully rented, so only showings for serious investors. This is an estate sale, and executor is not interested in being a landlord. Rents are low for the area. All units are 1 bed. Landlord pays for heat, 2024 oil bill was $2030, 2023 oil was $1885. All units individually metered for electric. Property Insurance $5393/yr. Trash and recycling paid monthly at $321/mo. Water tested and passed November 2024.
Current Rental Income
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Location
State NJ
County Hunterdon
Area Kingwood Twp (21016)
Zoning AR-2
Rooms
Basement Dirt Floor, Sump Pump
Interior
Hot Water Electric
Heating Baseboard - Hot Water
Cooling None
Fireplace N
Heat Source Oil
Exterior
Utilities Available Propane, Electric Available
Water Access N
Roof Type Asphalt,Shingle
Accessibility None
Garage N
Building
Foundation Block
Sewer Septic Exists
Water Well
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District South Hunterdon Regional
Others
Tax ID 16-00026-00001
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
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