Estimated payment $5,984/month
This mixed-use property features a fully rented commercial space on the 1st floor, generating $2,570/month with a 10-year lease and a 3% annual increase, ensuring long-term income stability. The spacious 4-bedroom, 1-bath apartment on the 2nd floor is currently vacant and listed for $2,700/month, offering immediate rental potential at market value. The 3rd-floor 3-bedroom, 1-bath unit is rented at $2,000/month, well below market value, providing a great opportunity for future rent increases.Recent updates include a new roof (1 year old) and upgraded electrical wiring. Located in a high-traffic area with excellent visibility, this property offers strong rental demand and significant upside potential.Perfect for owner-occupants, this multi-family property with commercial space offers a unique opportunity to live and collect rent. FHA financing available with just 3.5% down. Ideal for those looking to invest in their future while generating consistent rental income.Don't miss out on this rare opportunity schedule your showing today!
Home Type
Est. Annual Taxes
Year Built
Parking
Home Design
Bedrooms and Bathrooms
Schools
Utilities
Additional Features
Community Details
Listing and Financial Details
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,566 | $341,400 | $59,400 | $282,000 |
| 2022 | $9,587 | $256,600 | $59,400 | $197,200 |
| 2021 | $9,581 | $256,600 | $59,400 | $197,200 |
| 2020 | $11,073 | $291,400 | $59,400 | $232,000 |
| 2019 | $10,960 | $291,400 | $59,400 | $232,000 |
| 2018 | $10,761 | $291,400 | $59,400 | $232,000 |
| 2017 | $12,332 | $346,400 | $59,400 | $287,000 |
| 2016 | $11,916 | $346,400 | $59,400 | $287,000 |
| 2015 | $11,462 | $346,400 | $59,400 | $287,000 |
| 2014 | $10,742 | $346,400 | $59,400 | $287,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Price Changed | $2,600 | -3.7% | -- |
| 03/28/2025 03/28/25 | For Rent | $2,700 | 0.0% | -- |
| 03/26/2025 03/26/25 | For Sale | $880,000 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $550,000 | American Land Title | |
| Deed | $121,000 | -- | |
| Deed | $180,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $175,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $550,000 | VA | |
| Previous Owner | $288,750 | Commercial | |
| Previous Owner | $150,500 | FHA | |
| Previous Owner | $179,000 | Commercial |
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$290,000
Recently remodeled condo unit 3D features 2 bedrooms, 2 baths, a combined living/dining room, and a kitchen. Floor-level laundry, and 1 parking space. No pets allowed. HOA $777, includes Hot & Cold water, Central Heat and A/C , Gas, Electricity, Maintenance-Common are, Maintenance Exterior, Sewer Fees, Snow removal and trash collection. Prime location, just a mile from Kean College, a 5-minute
Albertina Goncalves RE/MAX IN ACTION
$2,600
Renovated 4-Bedroom, 1-Bath ApartmentThis updated 4-bedroom, 1-bath apartment offers spacious living with modern finishes. Enjoy a bright, open layout with new hardwood floors, a fully renovated kitchen with stainless steel appliances, and a stylish bathroom. Conveniently located near shopping, dining, and public transportation, and fresh paint throughout. Don't miss out schedule a tour today!
Albertina Goncalves RE/MAX IN ACTION
Source: Garden State MLS
MLS Number: 3953067
APN: 14-00449-0000-00062
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