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Sold for $1,375,000
  • $1,375,000

    197 Macarthur Avenue, Sayreville Boro, NJ 08872

    10beds
    7,500sqft
    Multi Family
    Built in 1991
    -- sqft lot
    $1,468,200 Zestimate®
    $183/sqft
    $3,040 Estimated rent

    Home value

    $1,468,200

    $1.34M - $1.62M

    $3,040/mo

    Zestimate® history
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    $3,040/mo

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    $3,040/mo

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    $9,551/mo

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    $9,551/mo

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    What's special

    Incredible Investment Opportunity in Sayreville! Discover a prime investment opportunity with this well-maintained five-family property in the heart of Sayreville. This multi-family gem is designed for maximum rental income and tenant satisfaction, featuring: Modern Infrastructure: Enjoy peace of mind with a roof that's only 2 years old. Each unit comes equipped with its own separate furnace, water heater, gas meter, electric meter, and water meter, ensuring independence and efficiency. Spacious Living: Each of the five units boasts 2 bedrooms and 1 full bathroom, complemented by a generous living room and kitchen area. Updated laminated flooring throughout adds a fresh, contemporary touch. Convenient Amenities: All units feature washer and dryer hookups, enhancing tenant convenience and comfort. Each unit also benefits from 2 dedicated parking spots. Prime Location: Ideally situated close to parks, shopping, restaurants, and commuter routes, this property offers unparalleled convenience for residents. Revenue Potential: This investment is tenant-occupied, with some units currently renting at up to 20% below market value, presenting an excellent opportunity to increase rental income and capitalize on potential growth. Don't miss out on this exceptional chance to create passive income with a property that combines modern features, strategic location, and significant investment potential. Act now and secure your future in real estate!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dominick Ali Jr. 908-692-9184,

    Goldstone Realty

    Bought with:

    Dominick Ali Jr., 1865859

    Goldstone Realty

    Source: MoreMLS,MLS#: 22425777MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced Air
    Cooling
    • Multi Units
    Features
    • Basement: Slab
    Interior area
    • Total structure area: 7,500
    • Total interior livable area: 7,500 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Assigned
    Features
    • Stories: 2
    Lot
    • Size: 0.42 Acres
    • Dimensions: 104 x 175
    Details
    • Parcel number: 19001690700010
    • Zoning description: Residential, Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1991

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Sayreville

    Financial & listing details

    • Price per square foot: $183/sqft
    • Annual tax amount: $18,485
    • Date on market: 9/6/2024
    • Tenant pays: Water, Sewer, Gas, Electricity

    Price history

    DateEventPrice
    1/16/2025Sold$1,375,000-11.3%$183/sqft
    Source: MoreMLS #22425777 Report a problem
    10/24/2024Pending sale$1,550,000$207/sqft
    Source: MoreMLS #22425777 Report a problem
    9/6/2024Price change$1,550,000-3.1%$207/sqft
    Source: MoreMLS #22425777 Report a problem
    6/13/2024Listed for sale$1,600,000$213/sqft
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: MacArthur Manor

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wilson
    • Middle: Sayreville
    • High: Sayreville War

    Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,468,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,468,200