Property

Alpha Boro, NJ 08865 941 Lee Ave

Pending
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Presented By: RIVER VALLEY REALTY LLC
  • MLS# 4007546
  • 01/30/2026
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 3

Home Details

A rare triplex investment opportunity in the heart of Alpha Borough, offering both small-town charm and strong income potential. This well-configured multi-family provides flexibility for investors or owner-occupants alike.The first unit is a studio-style one-bedroom with a recently updated full bathroom, offering a solid foundation for future rental appeal. The second unit features a welcoming living space, a comfortable bedroom, and a full bath. The third and largest unit offers three bedrooms and a full bathroom, creating potential for higher rental income. Additional storage is conveniently accessible through an exterior basement entrance, adding functionality for tenants. While some cosmetic TLC remains, the property presents a promising value-add opportunity for buyers looking to enhance rents and maximize returns. Ideally located in Alpha Borough with quick access to Routes 78 & 22, this property combines ease of commuting with the appeal of a close-knit community, making it a smart addition to any investment portfolio.
Presented By: RIVER VALLEY REALTY LLC

Interior Features for 941 Lee Ave

Bedrooms

Total Bedrooms5
Unit 1 Beds Total1
Unit 2 Beds Total1
Unit 3 Beds Total3

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels2
UnitType1TotalRent550
UnitType2TotalRent685
UnitType3TotalRent1250
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipRange/Oven - Gas
Unit 2 Appl/EquipRange/Oven - Gas
Unit 3 Appl/EquipRange/Oven - Gas
BasementBilco-Style Door, Unfinished
Fuel TypeElectric, Gas-Natural

Other Rooms

Unit 2 Rooms3
Unit 1 Rooms2
Unit 3 Rooms6
Unit 3 Room DescriptionBedrooms, Kitchen, Living Room
Unit 1 Room DescriptionKitchen, Master Bedroom, See Remarks
Unit 2 Room DescriptionKitchen, Living Room, Master Bedroom

General for 941 Lee Ave

Architectural StyleTriplex
CoolingNone
CountyWarren
DirectionsRoute 22 to New Brunswick Ave. Left on Hawk Ave, continue onto 3rd Ave, Right on High St., Left onto Lee Avenue.
DriveOn-Street Parking
EasementUnknown
ExclusionsWindow A/C Units, Washer/Dryers
Full Baths3
Gross Income
Heating3 Units
Net Operating Income
Number Of Units Total3
Open Parking Spaces
Operating Expense
PossessionPOT
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount7557
Tax Assessed Value207400
Tax Lot7
Tax Year2024
Total Rooms13
Town #3002
TownshipAlpha Boro
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built1900

Exterior for 941 Lee Ave

Exterior AmenitiesOpen Porch(es)
Exterior DescriptionAluminum Siding, Brick
Lot Dimensions0.10 40X114 IRREG.
Lot FeaturesCorner
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $299,000
MLS#4007546
List Date 01/30/2026
Property Type Pending
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