Sold for $439,000

$439,000

71 E Railroad Ave, Jamesburg, NJ 08831

2beds

3baths

--sqft

Multi Family

Built in 1930

-- sqft lot

$497,500 Zestimate^®

$--/sqft

$2,729 Estimated rent

Home value

$497,500

$438,000 - $567,000

$2,729/mo

Zestimate^® history

Owner options

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$2,729/mo

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$2,729/mo

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$3,037/mo

Est. payment

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$3,037/mo

Est. payment

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What's special

This property is a fantastic income generator with a strong rental history. All units, including the storefront, are fully leased, producing an annual rental income of $39,000. It also boasts a full basement offering ample storage space and is outfitted with three separate HVAC systems, water heaters, and electrical services. Tenants cover all utilities, with water costs split three ways. Located in a prime area, this is a solid investment opportunity.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3

Heating

Forced Air

Cooling

A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central), Unit 3(A/C Central)

Appliances

Included: Water Heater(Gas), Water Heater, Unit 1(Refrigerator), Unit 2(Refrigerator)

Features

Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 3(1 Bath, See Remarks)
Basement: Full, Exterior Entry, Storage Space, Tenant Use

Interior area

Total structure area: 0

Property

Accessibility

Accessibility features: Unit 1 Accessibility Features, Unit 2 Accessibility Features, Unit 3 Accessibility Features

Features

Stories: 2
Exterior features: Storage Shed, Yard

Lot

Size: 3,172 Square Feet
Dimensions: 122.00 x 26.00
Features: Near Shopping, See Remarks

Details

Additional structures: Shed(s)
Parcel number: 80003400003

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: Electricity Connected, Natural Gas Connected

Community & HOA

Location

Region: Jamesburg

Financial & listing details

Annual tax amount: $10,041
Date on market: 9/21/2024
Ownership: See Remarks
Electric utility on property: Yes

Price history

Date	Event	Price
11/26/2024	Sold	$439,000+17.1%
Source: All Jersey MLS #2503922R Report a problem
10/19/2024	Contingent	$375,000
Source: All Jersey MLS #2503922R Report a problem
9/21/2024	Listed for sale	$375,000+51.2%
Source: All Jersey MLS #2503922R Report a problem
2/12/2012	Sold	$248,000-9.8%
Source: Agent Provided Report a problem
10/21/2011	Price change	$274,900-21.4%
Source: RE/MAX Platinum #204190 Report a problem
9/24/2011	Listed for sale	$349,900
Source: RE/MAX Platinum #204190 Report a problem
6/13/2011	Listing removed	$349,900
Source: RE/MAX Platinum #108067 Report a problem
12/10/2010	Listed for sale	$349,900
Source: RE/MAX Platinum #108067 Report a problem