Property
Matawan, NJ 07747 73 Partridge Road
$1,999,000
23 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
Bedrooms
Total Bedrooms14
Bathrooms
Total Baths10
Other Interior Features
Air Conditioning Y/NYes
BasementWalk-Out Access
Heating Y/NYes
Total Fireplaces
General for 73 Partridge Road
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMatawan
CoolingMulti Units
CountyMiddlesex
DirectionsRoute 516 to Partridge (also known as John Partridge).
Electric On Property Y/NNo
Elementary SchoolCheesequake
Full Baths10
Garage Spaces0.0
Garage Y/NNo
Gross Income180000.0
HeatingForced Air
High SchoolOld Bridge
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet49658.4
Lot Size UnitsAcres
MLS AreaNone
MLS Area MinorOld Bridge (OLD)
Middle/Junior High SchoolCarl Sandburg
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal10
OwnerPaysYard Maintenance, Water, Snow Removal, Sewer, Garbage Removal
Property Subtype7+ Family
Property TypeMulti-Family
Rent Control Y/NNo
SewerSeptic Tank
Standard StatusActive
StatusActive
Stories2
Subdivision NameNone
Tax Annual Amount15340.0
Tax Year2023
TaxOtherAnnualAssessmentAmount0.0
Tenant PaysGas, Electricity
Waterfront Y/NNo
Zoning DescriptionResidential
Exterior for 73 Partridge Road
Building Area Total5017.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Wooded
Lot Size Acres1.14
Lot Size Area1.14
Open Parking Y/NNo
Parking FeaturesOpen, See Remarks, Off Street, Unpaved
SpaNo
Total Parking20.0
Water SourcePublic
Additional Details
Price History
Schools
High School
Old Bridge High School
Middle School
Carl Sandburg Middle School
Elementary School
Cheesequake Elementary School
Charles Torres
Owner