3 Amwell Rd Raritan Township, NJ ^$ 875,000

3 Amwell Rd

^$ 875,000

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3 Amwell Rd

Raritan Township, NJ, 08822

^$ 875,000

Studio Baths0.0 Sq 4,000

Monthly Estimate*

^$ 6,112

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Studio

Commercial Property for sale in Raritan Township, NJ

for $875,000. This 4,000 square foot building was built in 1920 on a lot size of 0.83.

Back on Market, buyer unable to perform. Excellent Investment Opportunity - 5 unit multi family fully occupied. Building in superior condition with separate utilities for each unit. Updates include a recently installed 10 bedroom septic system, 4 natural gas boilers, updated electrical. 3 bay detached garage with potential for additional income. This property has been well maintained and in good shape. Easy access to Flemington, Hillsborough, Princeton. Less than 60 minutes to NYC and Philadelphia Excellent Schools including highly desireable Hunterdon Central High School.

Commercial Active

Price

^$ 875,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 14,395

Style

Apartment Complex

Lot Size

0.83

Year Built

1920

Town/City

Raritan Township

County/Region

Hunterdon

MLS | Web ID

3844602

Features

General

Sewer Septic

Construction See Remarks Wood

Heating 4+ Units Baseboard - Hotwater Multi-Zone Radiators - Hot Water

Cooling No Cool

Utilities Electric Gas-Natural

Possession POT

Roof Asphalt Shingle

Zoning R-4

Garage Spaces 9

Year Built 1920

Tenant Pays Cable T.V. Electric Gas Heat Oil

Township Raritan Twp.

Property Type Apartment Complex See Remarks Apartment Complex

Tax Year 2022

Percent Ownership Fee Simple

Location Freestanding Residential Area Rural Area

Gross Income 82800

County Hunterdon

Net Operating Income 56668

Operating Expense 26132

Subdivision Name Reaville

Status Active

Directions From Flemington Old York Rd hard left on Amwell Rd to #3 on the left. From Ringoes Old York bear right onto Amwell Rd #3 on the left.

Total Units 5

Street Name Amwell Rd

Tax Annual Amount 14395

Drive Common Crushed Stone Off-Street Parking Parking Lot-Exclusive

Leasable Area 0

Days on Market 334

Standard Status Active

Tax Assessed Value 542200

Town # 1921

Tax Lot 48

Farm Assessment No

Interior

Basement Full Unfinished

Flooring Carpeting Tile Vinyl-Linoleum Wood

Fuel Type GasNatur OilAbIn

Total Stories 2

Half Baths 0

Exterior

Lot Features Corner Irregular Lot Open Lot

Water Source Well

Total Parking 9

Exterior Description Composition Shingle Composition Siding

Building Area Total 4000

Lot Dimensions .8300

Lot Size Acres 0.83

* Excluded Features

List By

ERNEST TUFO

Listing Agent

Coldwell Banker Realty

Broker

ernest.tufo@cbmoves.com

Affordability Calculator

$7,312

Per Month

Monthly Principal & Interest: $6,112
Monthly Property Taxes: $1,200
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Raritan Township, NJ

Average List Price ^$413,859

Percent of Sale Price 53%

About Raritan Township, NJ

22,252 Population

12% Since 2002

^$119,071 Median Income

45.23 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
5/18/2023	$875,000		Listed Price

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3 Amwell Rd, Raritan Township, NJ, 08822 is a Commercial Property for sale at $875,000 with 4,000 sqft and a lot size of 0.83. 3 Amwell Rd is a studio with 0.0 baths and was built in 1920. The property's zip code is 08822 which is in Raritan Township, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided 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.

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3 Amwell Rd

Commercial Property for sale in Raritan Township, NJ

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