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Under contract
  • $615,000

    23 East St, South River, NJ 08882

    6beds
    3baths
    1,744sqft
    : 
    $4,264/mo
    Get pre-qualified
    Multi Family
    Built in 1910
    -- sqft lot
    $573,000 Zestimate®
    $353/sqft
    $-- HOA

    What's special

    Investor & Owner-Occupant Opportunity! Welcome to this beautifully updated two-family home in the heart of South River, offering the perfect combination of income potential, flexibility, and location. The first-floor unit will be delivered vacant, making this an ideal opportunity for an owner-occupant looking to offset their mortgage with rental income or an investor seeking immediate cash-flow potential. Each spacious unit features 3 bedrooms, 1 full bathroom, a comfortable living room, and an eat-in kitchen. The home also offers a partially finished basement and large attic for storage, along with a beautiful backyard perfect for entertaining, relaxing, or creating your own outdoor oasis. Location is everything, and this property delivers! Conveniently situated near Routes 18 and 1, the NJ Turnpike, and the Garden State Parkway, with easy access to NJ Transit, Rutgers University, Robert Wood Johnson University Hospital, Saint Peter's University Hospital, shopping, restaurants, parks, and schools. With updated interiors, a vacant first-floor unit, and strong rental potential, this move-in-ready multifamily is a rare find. Whether you're looking to build wealth through real estate, house hack your way to homeownership, or add a solid asset to your portfolio, this property offers incredible value and opportunity. Schedule your showing today, properties like this don't stay on the market for long!
    53 days
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    48
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    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    MARYEMMA TERRON,

    PETRA BEST REALTY LLC 732-442-1400

    Source: All Jersey MLS,MLS#: 2616757RMLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Heating
      • Central, Separate Furnaces
      Cooling
      • A/C Central - All, Separate Control, Unit 1(A/C Central), Unit 2(A/C Central)
      Appliances
      • Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
      Features
      • Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room)
      • Basement: Partially Finished, Full, Bath Full, Exterior Entry, Recreation Room, Storage Space, Interior Entry, Utility Room
      Interior area
      • Total structure area: 1,744
      • Total interior livable area: 1,744 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: On Street
      Features
      • Stories: 2
      • Patio & porch: Patio, Enclosed, Porch
      • Exterior features: Barbecue, Patio, Porch(es) - Enclosed, Sidewalk, Fencing/Wall, Storage Shed, Yard, Semi-Private Entry, Porch, Private Entrance
      • Fencing: Fencing/Wall
      Lot
      • Size: 3,001 Square Feet
      • Dimensions: 100.00 x 30.00
      • Features: Interior Lot
      Details
      • Additional structures: Shed(s)
      • Parcel number: 2300284000000006

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Asphalt
      Condition
      • Year built: 1910

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Features: Sidewalks
      Location
      • Region: South River

      Financial & listing details

      • Price per square foot: $353/sqft
      • Tax assessed value: $251,300
      • Annual tax amount: $6,707
      • Date on market: 6/5/2026
      • Ownership: Fee Simple
      • Lease term: Unit 2(Month-Month)
      • Electric utility on property: Yes

        Estimated market value

        $573,000

        $533,000 - $613,000

        $2,688/mo

        Price history

        DateEventPrice
        6/22/2026Contingent$615,000$353/sqft
        Source: All Jersey MLS #2616757R Report a problem
        6/5/2026Listed for sale$615,000+32.3%$353/sqft
        Source: All Jersey MLS #2616757R Report a problem
        7/18/2022Sold$465,000$267/sqft
        Source: Public Record Report a problem
        4/29/2022Sold$465,000-5.1%$267/sqft
        Source: All Jersey MLS #2209068R Report a problem
        2/16/2022Listed for sale$489,900+32.4%$281/sqft
        Source: All Jersey MLS #2209068R Report a problem
        2/29/2020Listing removed$369,900$212/sqft
        Source: RE/MAX IN ACTION #2009018 Report a problem
        2/25/2020Listed for sale$369,900+2.8%$212/sqft
        Source: RE/MAX IN ACTION #2009018 Report a problem
        2/21/2020Sold$360,000-2.7%$206/sqft
        Source: GSMLS #3605091 Report a problem
        2/8/2020Pending sale$369,900$212/sqft
        Source: RE/MAX IN ACTION #2009018 Report a problem
        12/11/2019Listed for sale$369,9000%$212/sqft
        Source: RE/MAX IN ACTION #3605091 Report a problem
        4/12/2007Sold$370,000+560.1%$212/sqft
        Source: Public Record Report a problem
        5/10/2005Sold$56,050$32/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,401 $251,300
        2024$6,401 +3.1%$251,300
        2023$6,210 +1.8%$251,300
        2022$6,102 +3.9%$251,300
        2021$5,873 $251,300
        2020-- $251,300 +194.6%
        2019$6,857 $85,300
        2018$6,857 +7.9%$85,300
        2017$6,357 +2.3%$85,300
        2016$6,214 +2.3%$85,300
        2015$6,072 +3%$85,300
        2014$5,894 +2.9%$85,300
        2013$5,729 +0.8%$85,300
        2012$5,686 +4.1%$85,300
        2011$5,460 +2.4%$85,300
        2010$5,330 +0.2%$85,300
        2009$5,320 $85,300
        2008-- $85,300
        2007-- $85,300
        2006-- $85,300 +8.4%
        2005-- $78,700
        2004$3,667 $78,700
        2003-- $78,700
        2002-- $78,700
        2001-- $78,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: 08882

        Getting around

        64 / 100
        Somewhat Walkable
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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