Exceptional investment opportunity in the heart of Metuchen! This three-family home is fully rented long-term tenants in place, offering immediate income with significant upside potential, as current rents are below market value. The property features a one bedrooms unit, a two-bedroom unit and one generously sized three-bedroom unit, each offering comfortable layouts and recently updated and strong rental appeal. A full basement provides additional functionality, including separate storage units for tenants a highly desirable amenity. Situated on an oversized lot, this property offers rare outdoor space and added value in a prime location. Just moments from the Metuchen station, downtown shopping, dining, and highly rated schools, this is a commuter's dream and a tenant favorite. Whether you're looking to expand your investment portfolio or secure a property in one of Central New Jersey's most sought-after communities, this income-producing home presents a tremendous opportunity with built-in growth.
Under contract
$799,900
111 Center St, Metuchen, NJ 08840
6beds
3baths
2,000sqft
Multi Family
Built in 1930
-- sqft lot
$811,300 Zestimate®
$400/sqft
$-- HOA
What's special
Full basementRecently updatedComfortable layoutsTwo-bedroom unitRare outdoor spaceGenerously sized three-bedroom unitOversized lot
- 54 days |
- 61 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
MICHELLE RIZZO,
RE/MAX WELCOME HOME 732-212-9900
Source: All Jersey MLS,MLS#: 2610826R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Baseboard, Radiant, Radiant-Hot Water
Cooling
- Ceiling Fan(s), A/C Wall Unit(s), None, A/C Window Unit(s)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Refrigerator), Unit 3(Refrigerator)
Features
- Unit 1(3 Bedrooms, Kitchen, Living Room, 1 1/2 Baths), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room)
- Basement: Full, Exterior Entry, Interior Entry
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
Features
- Stories: 2
- Patio & porch: Porch(es) - Open, Porch
- Exterior features: Porch(es) - Open, Yard, Porch, Storage Area-Private
Lot
- Size: 9,578 Square Feet
- Dimensions: 143.00 x 67.00
- Features: Near Shopping, Near Train, Near Public Transit
Details
- Parcel number: 0900056000000020
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1930
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Location
- Region: Metuchen
Financial & listing details
- Price per square foot: $400/sqft
- Tax assessed value: $160,000
- Annual tax amount: $11,608
- Date on market: 2/18/2026
- Ownership: Fee Simple
Estimated market value
$811,300
$771,000 - $852,000
$2,851/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Pending sale | $799,900$400/sqft |
Source:  Bright MLS #NJMX2011354 Report a problem | ||
| 4/20/2026 | Listing removed | $799,900$400/sqft |
Source: Bright MLS #NJMX2011354 Report a problem | ||
| 4/2/2026 | Pending sale | $799,900$400/sqft |
Source: Bright MLS #NJMX2011354 Report a problem | ||
| 4/2/2026 | Contingent | $799,900$400/sqft |
Source:  All Jersey MLS #2610826R Report a problem | ||
| 4/2/2026 | Listed for sale | $799,900$400/sqft |
Source: All Jersey MLS #2610826R Report a problem | ||
| 3/11/2026 | Pending sale | $799,900$400/sqft |
Source:  MoreMLS #22604558 Report a problem | ||
| 3/11/2026 | Contingent | $799,900$400/sqft |
Source: All Jersey MLS #2610826R Report a problem | ||
| 3/5/2026 | Pending sale | $799,900$400/sqft |
Source: Bright MLS #NJMX2011354 Report a problem | ||
| 2/19/2026 | Listed for sale | $799,900+138.1%$400/sqft |
Source: All Jersey MLS #2610826R Report a problem | ||
| 3/14/2020 | Listing removed | $1,825$1/sqft |
Source: Keller Williams Elite Realtors #2008896 Report a problem | ||
| 2/23/2020 | Price change | $1,825-1.4%$1/sqft |
Source: Keller Williams Elite Realtors #2008896 Report a problem | ||
| 2/1/2020 | Price change | $1,850-5.1%$1/sqft |
Source: Keller Williams Elite Realtors #2008896 Report a problem | ||
| 12/9/2019 | Listed for rent | $1,950$1/sqft |
Source: KELLER WILLIAMS ELITE REALTORS #2008896 Report a problem | ||
| 1/24/2011 | Sold | $336,000+58.5%$168/sqft |
Source: Public Record Report a problem | ||
| 1/14/2000 | Sold | $212,000$106/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,128 | $160,000 |
| 2024 | $11,128 +3.5% | $160,000 |
| 2023 | $10,755 +5.5% | $160,000 |
| 2022 | $10,194 +2.3% | $160,000 |
| 2021 | $9,960 +1.3% | $160,000 |
| 2020 | $9,829 +3.4% | $160,000 |
| 2019 | $9,504 +34.5% | $160,000 |
| 2018 | $7,068 -21.5% | $160,000 +2.6% |
| 2017 | $9,001 +2.9% | $156,000 |
| 2016 | $8,745 -3% | $156,000 +0.6% |
| 2015 | $9,016 +2.1% | $155,000 -5.4% |
| 2014 | $8,833 +2.7% | $163,900 |
| 2013 | $8,597 +2% | $163,900 |
| 2012 | $8,429 +7.1% | $163,900 |
| 2011 | $7,874 +3.6% | $163,900 +3% |
| 2010 | $7,597 +3.9% | $159,200 |
| 2009 | $7,314 | $159,200 |
| 2008 | -- | $159,200 |
| 2007 | -- | $159,200 |
| 2006 | -- | $159,200 |
| 2005 | -- | $159,200 |
| 2004 | $5,668 | $159,200 |
| 2003 | -- | $159,200 |
| 2002 | -- | $159,200 |
| 2001 | -- | $159,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Radio Section
Nearby schools
GreatSchools rating
- 8/10Campbell Elementary SchoolGrades: 1-4Distance: 0.1 mi
- 8/10Edgar Middle SchoolGrades: 5-8Distance: 1 mi
- 8/10Metuchen High SchoolGrades: 9-12Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Middlesex County
- Metuchen
- 08840
- Radio Section
- 111 Center St
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Nearby neighborhoods
Nearby zip codes
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