Active

73 Partridge Road

Matawan NJ, 07747

$1,999,000


$398.45 per sqft

Active

14 Beds

10 Baths

5,017 sqft

Other

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.

22425516

MLS ID

September 4, 2024

Listed

December 13, 2024

Updated

Map

73 Partridge Road
Matawan NJ, 07747

Interior Features

Total Stories

2


Bedrooms

14


Total Bathrooms

10


Full Bathrooms

10


Fireplace

No


Cooling

Yes


Cooling Description

Multi Units


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

1.14 Acres


Lot Features

Level, Wooded


Sewer

Septic Tank

School Information

High School

Old Bridge


Elementary School

Cheesequake

Other Property Details

Area Name

None


Taxes

$15,340


Tax Frequency

Annually


Days on Market

99


Garage

No


Parking

Open, See Remarks, Off Street, Unpaved


Parking Total

20


View

No


County

Middlesex


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/12/2024

Price change

$1,999,000

-1%

Courtesy of Hometown Residential Realty LLC with Susan Grace McGowan,
Listing Contact: 732-583-8888 

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Data last updated 7:39 PM UTC, 12/13/2024

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