$2,500,000
Legal Five-Family Home in Prime Residential Neighborhood. Don't miss this rare opportunity to own a legal five-family property situated in a highly desirable area. Located near Monmouth University, houses of worship, and just minutes from the vibrant West End shopping district, this property offers exceptional potential for investors and owner-occupants… Read More alike. The lot spans an impressive 140 x 125 feet, providing ample outdoor space and future development possibilities. Recent improvements include a new concrete patio near the parking area, enhancing both functionality and curb appeal. One of the units (#4) has been recently updated. All tenants are currently on a month-to-month. The current rental income is below market value, presenting a significant opportunity for increased returns. Read Less
Courtesy of Ronen Neuman, Sonya Grill Real Estate.
Listing Snapshot
Days Online
32
Last Updated
Property Type
Five Family
Beds
14
Full Baths
6
Lot Size
0.4 Acres
Year Built
1920
MLS Number
22518185
30 Days Snapshot Of 07740
$883k
-5%
(avg) sold price
19
0%
homes sold
93
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
"Full"
Building
Built in 1920
Cooling
"Other"
Floors
"Laminate", "Ceramic Tile"
Lot
0.4 acres, 17,424 square feet, Area: 0.4
Sewer
"Public Sewer"
Taxes
Tax annual amount: $13,001, Tax year: 2024
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River Giberson
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