Sold for $428,570

$428,570

262 County Road 519, Stockton, NJ 08559

8beds

--baths

2,604sqft

Quadruplex

Built in 1900

-- sqft lot

$451,100 Zestimate^®

$165/sqft

$2,258 Estimated rent

Home value

$451,100

$401,000 - $505,000

$2,258/mo

Zestimate^® history

Owner options

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$2,258/mo

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$2,258/mo

Rent Zestimate^®

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$3,063/mo

Est. payment

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$3,063/mo

Est. payment

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What's special

Prime Commercial Investment Opportunity Unlock the potential of this versatile 4-unit commercial property in a prime location! Built in 1900, this 2-story, 2,604 sq. ft. building sits on a generous 0.54-acre lot (23,522 sq. ft.) and is perfect for investors seeking steady income and future growth. Currently fully rented, so only showings for serious investors. This is an estate sale, and executor is not interested in being a landlord. Rents are low for the area. All units are 1 bed. Landlord pays for heat, 2024 oil bill was $2030, 2023 oil was $1885. All units individually metered for electric. Property Insurance $5393/yr. Trash and recycling paid monthly at $321/mo. Water tested and passed November 2024. Current Rental Income •

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8

Basement

Area: 0

Heating

Baseboard, Oil

Cooling

None, Electric

Appliances

Included: Electric Water Heater

Features

Basement: Dirt Floor,Sump Pump
Has fireplace: No

Interior area

Total structure area: 2,604
Total interior livable area: 2,604 sqft

Property

Parking

Parking features: Driveway
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Pool features: None

Lot

Size: 0.54 Acres

Details

Additional structures: Above Grade, Below Grade
Parcel number: 160002600001
Zoning: AR-2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Quadruplex

Materials

Frame
Foundation: Block
Roof: Asphalt,Shingle

Condition

Average
New construction: No
Year built: 1900

Utilities & green energy

Sewer: Septic Exists
Water: Well
Utilities for property: Propane, Electricity Available

Community & HOA

Location

Region: Stockton
Municipality: KINGWOOD TWP

Financial & listing details

Price per square foot: $165/sqft
Tax assessed value: $289,100
Annual tax amount: $7,288
Date on market: 12/9/2024
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA
Exclusions: Tenants Personal Property
Ownership: Fee Simple
Total actual rent: 46620

Price history

Date	Event	Price
2/28/2025	Sold	$428,570-13.4%$165/sqft
Source: Bright MLS #NJHT2003472 Report a problem
1/5/2025	Contingent	$495,000$190/sqft
Source: Bright MLS #NJHT2003472 Report a problem
12/9/2024	Listed for sale	$495,000$190/sqft
Source: Bright MLS #NJHT2003472 Report a problem