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40 Richter Avenue Milltown, NJ $ 659,000
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$ 659,000 Get more info
40 Richter Avenue
$ 659,000
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Recently Listed
Open House 8/29 12pm - 2pm
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40 Richter Avenue

Milltown, NJ, 08850
$ 659,000
Baths2.0 Sq 2,108

Monthly Estimate*

$ 4,161

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Studio

Multi-Family Home for sale in Milltown, NJ

for $659,000 with 2 full baths. This 2,108 square foot home was built in 1916 on a lot size of 0.1119.

Rare opportunity in the heart of Milltown! 2-family homes simply don't come up often in this town! This classic two-family sits in a quiet residential pocket of Milltown. Ideal for an owner-occupant who wants to live in one unit and offset the mortgage with the other, or for an investor seeking solid rental income in a stable, walkable area with strong local rental demand. The upstairs apartment features 2 beds, 1 bath and a huge bonus attic loft space - the entire apartment has been completely renovated with an updated kitchen and bath and fresh lighting and paint throughout. Downstairs features a spacious apartment as well with 2 bedrooms 1 bath and a bonus sun room in the rear. The unit will be delivered vacant prior to closing. Separate living spaces, convenient location near schools, shopping, and major routes, plus the scarcity of two-families in this town make this a standout.

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Open House

8/29/2026 12:00 PM - 2:00 PM
40 Richter Avenue Milltown, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
Multi-Family Active

Price

$ 659,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 11,344

Style

Lot Size

0.1119

Year Built

1916

Town/City

Milltown

County/Region

Middlesex

MLS | Web ID

2703334R
Features
General
Living Area 2108
Sewer Public Sewer
Heating Baseboard Radiant Central
Cooling Ceiling Fan(s) A/C Wall Unit(s) A/C Window Unit(s)
Utilities See Remarks
Zoning R-4
Year Built 1916
Stories Count 2
Property Subtype 2 Family
Tax Year 2025
County Middlesex
Property Type Residential Income
Full Baths 0
Close Price 0
Status Active
City Milltown
Lot Size Square Feet 4874
Tax Annual Amount 11344
Living Area Units Square Feet
Standard Status Active
Appliances Water Heater(See Remarks Gas) Water Heater Unit 1(Range/Oven Refrigerator) Unit 2(Range/Oven Refrigerator)
Virtual Tour https://www.propertypanorama.com/instaview/msx/2703334R
Garage Spaces 0
Ownership Fee Simple
Attached Garage true
Garage Y/N true
Total Rooms 10
Carport Spaces 0
Carport Y/N false
Ok to Lease Unit 1(Month-Month)
Patio/Porch Features Patio Porch(es) - Open Porch
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Interior
Interior Amenities Unit 1(2 Bedrooms Kitchen 1 Bath Living Room Den/Family Room) Unit 2(2 Bedrooms Kitchen 1 Bath Living Room Den/Family Room)
Total Stories 2
Heating Y/N true
Half Baths 0
Total Baths 2
Basement Full Storage Space Laundry Facilities
Total Bedrooms 0
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Exterior
Parking Features Attached Detached
Lot Features Near Shopping
Water Source Public
Lot Size Area 0.1119
Building Area Total 2108
Lot Dimensions 125.00 x 35.00
Lot Size Acres 0.1119
Covered Spaces 0
Exterior Amenities Patio Porch(es) - Open Porch
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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* Excluded Features
List By
Tverdov Housing

Broker

Affordability Calculator

$5,106
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,161
Monthly Property Taxes
$945
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Elementary School
0 Middle School
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Pricing History
DatePricePrice ChangeDescription
8/25/2026$659,000 Listed Price

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40 Richter Avenue, Milltown, NJ, 08850 is a Multi-Family Home for sale at $659,000 with 2,108 sqft and a lot size of 0.1119. 40 Richter Avenue is a studio with 2.0 baths and was built in 1916. The property's zip code is 08850 which is in Milltown, NJ

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