Property
Matawan, NJ 07747 73 Partridge Road
$1,999,000
22 more
Presented By: Susan Grace McGowan, Hometown Residential Realty LLC
SQFT • 5,017
Home Details
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.
Presented By: Susan Grace McGowan, Hometown Residential Realty LLC
Interior Features for 73 Partridge Road
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
BasementPartial, Walk-Out Access, Other
Heating Y/NYes
Total Fireplaces
General for 73 Partridge Road
Additional Parcels Y/NNo
Carport Y/NNo
CityMatawan
CoolingWindow Unit(s)
CountyMiddlesex
DirectionsRoute 516 to Partridge (also knows as John Partridge). Driveway is on left. Please do not walk property without an appointment.
Electric110 Volt
Electric On Property Y/NNo
Garage Spaces0.0
Garage Y/NNo
Gross Income180000.0
HeatingBaseboard
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet49658.4
MLS AreaNone
MLS Area MinorOld Bridge (OLD)
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal10
Property SubtypeCommercial
Property TypeCommercial Sale
Rent Control Y/NNo
RoofShingle
SewerSeptic Tank
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount15340.0
Tax Assessed Value277800
Tax Year2023
Year Built1945
Zoning DescriptionResidential
Exterior for 73 Partridge Road
Building Area Total5017.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres1.14
Lot Size Area1.14
Open Parking Y/NNo
Parking FeaturesOn Site, Open
SpaNo
Water SourcePublic
Additional Details
Price History
Ebonie Clerier
Associate