73 Partridge Road, Matawan NJ, 07747

Active

73 Partridge Road

Matawan NJ, 07747

$1,999,000

$398.45 per sqft

Active

5,017 sqft

Commercial

Built in 1945

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.

22425515

MLSⓇ ID

September 4, 2024

Listed

December 13, 2024

Updated

Map

73 Partridge Road
Matawan NJ, 07747

Interior Features

Total Stories: 2
Fireplace: No
Cooling: Yes
Cooling Description: Window Unit(s)
Heating: Yes
Heating Description: Baseboard

Exterior/Building Features

Lot Size: 1.14 Acres
Roof: Shingle
Sewer: Septic Tank

Other Property Details

Area Name: None
Taxes: $15,340
Tax Frequency: Annually
Days on Market: 99
Garage: No
Parking: On Site, Open
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