73 Partridge Road Matawan, NJ 07747
Listing Courtesy of: MONMOUTH IDX / Hometown Residential Realty LLC

  73 Partridge Road Matawan, NJ 07747

Active (133 Days)
$1,999,000
14
BED
10
BATH
5,017
SQFT

Description

SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.8% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Rented with stable tenants. There is room for rent to be increased so additional opportunities are there. No rent control here! Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. Tenant all pay on time or early. None of the tenants get rental assistance. This is fabulous rental property. This is an R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.

MLS #:
22425516
Taxes
$15,340(2023)
Lot Size
1.14 acres
Type
Multifamily
County
Middlesex County

Listed By

Susan Grace McGowan, Hometown Residential Realty LLC
Source
MONMOUTH IDX
Last checked Jan 15 2025 at 11:18 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 10
Subdivision
  • None
Lot Information
  • Wooded
  • Level
Heating and Cooling
  • Multi Units
Utility Information
  • Sewer: Septic, Public Water
  • Fuel: Forced Air
School Information
  • Elementary School: Cheesequake
  • Middle School: Carl Sandburg
  • High School: Old Bridge
Parking
  • Open
  • See Remarks
  • Unpaved
  • Off Street
Stories
  • 2.0
Living Area
  • 5,017 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Dec 12, 2024
Price Changed
$1,999,000
0%
-1,000

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Monmouth IDX MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 1/15/25 03:18