Active

Price cut: $9K (11/3)

$489,999

16 Musconetcong River Rd, Lebanon Twp., NJ 08827

4beds

2,274sqft

$3,373/mo

Get pre-qualified

Multi Family

Built in 1780

-- sqft lot

$-- Zestimate^®

$215/sqft

$-- HOA

What's special

Opportunity for investors and owner occupants at 16 Musconetcong River Road in Lebanon Township! This 3 unit property offers potential rental income of $4,700+ per month based on the current rent roll. One unit is currently vacant, providing flexibility to place a tenant or move in and collect rental income from the other two units to help offset ownership costs. Roof was replaced in August 2026, Septic is approx 5 years old. Whether you're expanding your investment portfolio or looking for a home with income potential, this triplex is worth a look.

30 days
1,269
102

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

1 Unit, Baseboard - Hotwater, Oil Tank Above Ground - Outside

Appliances

Included: See Remarks

Features

See Remarks
Basement: None
Number of fireplaces: 1

Interior area

Total structure area: 2,274
Total interior livable area: 2,274 sqft

Property

Parking

Total spaces: 4
Parking features: Driveway-Exclusive, See Remarks
Garage spaces: 2
Uncovered spaces: 4

Features

Levels: Two
Stories: 2

Lot

Size: 2.38 Acres
Dimensions: 2.38

Details

Parcel number: 1919000730000000070000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Clapboard, Stucco
Roof: Asphalt Shingle

Condition

Year built: 1780
Major remodel year: 2019

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Connected, See Remarks

Community & HOA

Location

Region: Hampton

Financial & listing details

Price per square foot: $215/sqft
Tax assessed value: $297,200
Annual tax amount: $8,823
Date on market: 10/6/2026
Exclusions: Personal Items
Total actual rent: 3200
Tenant pays: Electricity, Tenant Pays Electric
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
11/3/2026	Price change	$489,999-1.8%$215/sqft
Source: GSMLS #4057250 Report a problem
10/6/2026	Listed for sale	$499,000+91.9%$219/sqft
Source: GSMLS #4057250 Report a problem
2/8/2022	Sold	$260,000+0.2%$114/sqft
Source: Public Record Report a problem
10/22/2021	Listing removed	--
Source: RE/MAX International Report a problem
9/10/2021	Price change	$259,400-3.6%$114/sqft
Source: GSMLS #3732339 Report a problem
8/31/2021	Price change	$269,000-10.2%$118/sqft
Source: RE/MAX International #3732339 Report a problem
8/26/2021	Price change	$299,500+11.3%$132/sqft
Source: RE/MAX International #3709191 Report a problem
8/5/2021	Price change	$269,000-10.2%$118/sqft
Source: GSMLS #3732339 Report a problem
5/2/2021	Listed for sale	$299,500+1.4%$132/sqft
Source: GSMLS #3709191 Report a problem
10/29/2020	Listing removed	$295,500$130/sqft
Source: RE/MAX SUPREME #3629509 Report a problem
4/28/2020	Listed for sale	$295,500-1.2%$130/sqft
Source: RE/MAX SUPREME #3629509 Report a problem
11/19/2019	Listing removed	$299,000$131/sqft
Source: RE/MAX SUPREME #3596679 Report a problem
10/24/2019	Listed for sale	$299,000+896.7%$131/sqft
Source: RE/MAX SUPREME #3596679 Report a problem
2/1/2018	Sold	$30,000-88%$13/sqft
Source: Public Record Report a problem
12/1/2016	Listing removed	$250,000$110/sqft
Source: WEIDEL #3305329 Report a problem
8/31/2016	Listed for sale	$250,000+25.6%$110/sqft
Source: WEIDEL #3305329 Report a problem
8/3/2012	Listing removed	$199,000$88/sqft
Source: Coldwell Banker Residential Brokerage - Bedminster/Bridgewater Office #2914786 Report a problem
2/4/2012	Price change	$199,000-0.5%$88/sqft
Source: Coldwell Banker Residential Brokerage - Bedminster/Bridgewater Office #2914786 Report a problem
12/20/2011	Price change	$199,900-20%$88/sqft
Source: RE/MAX Supreme #2873451 Report a problem
12/9/2011	Listed for sale	$249,900$110/sqft
Source: RE/MAX Supreme #2873451 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$8,824 +6.1%	$297,200
2025	$8,316	$297,200
2024	$8,316 +4.2%	$297,200
2023	$7,983 +9%	$297,200
2022	$7,326 +3.5%	$297,200
2021	$7,076 +5.8%	$297,200
2020	$6,691 -0.2%	$297,200 +30.8%
2019	$6,702 +3.1%	$227,200
2018	$6,498 +3.3%	$227,200
2017	$6,289 +4.6%	$227,200
2016	$6,014 +3.7%	$227,200
2015	$5,800 -0.8%	$227,200
2014	$5,848 -9%	$227,200 -6.6%
2012	$6,425 -0.7%	$243,200
2011	$6,472 -1.7%	$243,200
2010	$6,586 +1.6%	$243,200
2009	$6,481 -0.2%	$243,200
2008	$6,493 +1.1%	$243,200
2007	$6,420	$243,200 +1.5%
2006	--	$239,500
2005	--	$239,500
2004	--	$239,500
2003	--	$239,500
2002	--	$239,500 +20.8%
2001	--	$198,200