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    62 N Main St , #4

    Lambertville City, NJ 08530
    • $725,000
    • STATUS: Active
    • ON SITE: 142 days
    • MLS #: 3630133
    $725,000
    • 5
      BEDS
    • 0.09
      ACRES
    • 4
      BATHS
    • 1
      1/2 BATHS
    • 3,920
      SQFT
    • $185
      $/SQFT
    Type:
    Multi-Family
    Built:
    1838
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    A very well kept multi-family in the Central Business District. Built in the mid 1800's it features handsome brick construction and a private, fenced back yard and garden. The four apartments are fully occupied and there are multiple applicants whenever a vacancy. All units have been renovated and upgraded. Depending on a buyer's financing terms, this property can offer a very attractive cash-on-cash rate of return.

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    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lane Team | Compass New Jersey LLC. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Lane Team | Compass New Jersey LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-20T22:46:08.657.
    www.laneteam.com/homes/105477844
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    62 N Main St , #4 Lambertville City, NJ 08530

    • Price: $725,000
    • Status: Active
    • MLS #: 3630133
    5
    Beds
    4
    Baths
    1
    ½ Baths
    0.09
    Acres
    3,920
    SQFT
    $185
    $/SQFT
    1838
    Built
    County:
    Hunterdon
    Area:
    Lambertville City
    Elementary School:
    Lambertvle
    Middle School:
    S.Hunterdn
    High School:
    S.Hunterdn
    Property Description
    A very well kept multi-family in the Central Business District. Built in the mid 1800's it features handsome brick construction and a private, fenced back yard and garden. The four apartments are fully occupied and there are multiple applicants whenever a vacancy. All units have been renovated and upgraded. Depending on a buyer's financing terms, this property can offer a very attractive cash-on-cash rate of return.
    Exterior Features

    Approximate Lot Size .09 AC Exterior Description Brick Exterior Features Privacy FenceWood Fence Number Of Parking Spaces 0 Parking Driveway Description NoneOn-Street Parking Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description PartialUnfinished Cooling Window A/C(S) Heating Radiators - Hot Water Interior Features Carbon Monoxide DetectorSmoke DetectorWood Floors Total Number Of Rooms 11 Unit1 Appliances Equipment CarbmdetCeilfanCookelecFirealrmSecursysSmokedet Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description KitchenSee Remarks Unit1 Rooms 1 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment CarbmdetCeilfanCookelecFirealrmKitexhfnSmokedet Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description KitchenLiving RoomSee Remarks Unit2 Rooms 3 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description KitchenLiving/Dining RoomMaster Bedroom Unit3 Rooms 3 Unit3 Sq Ft 0 Unit4 Appliances Equipment CarbmdetCeilfanCookgasFirealrmSecursysSmokedet Unit4 Baths 1.0 Unit4 Bedrooms 2 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description BedroomsKitchenLiving Room Unit4 Rooms 4 Unit4 Sq Ft 0

    Property Features

    Assessment Total 510400 Building Assessment 271900 Building Number 1 Easement No Exclusions All Fixtures And Tenant Possessions. Expenses Include Garbage CollectionSee Remarks Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 66000 Home Warranty No Land Assessment 238500 Net Operating Income 48750 Services Cable TvGarbage Included Sewer Public Available Tax Amount 10381 Tax Rate Amount 2.034 Tax Rate Year 2019 Tax Year 2019 Total Operating Expense 17250 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays WaterTenant Pays Electric Unit1 Rent 800 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays GasOwner Pays WaterTenant Pays Electric Unit2 Rent 1500 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays GasOwner Pays WaterTenant Pays Electric Unit3 Rent 1500 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit4 Rent 1700 Unit4 Security Deposit 0 Utilities ElectricGas In Street Water Public Water Water Heater Electric Year Built Description Standing Zoning Cbd

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of River Valley Realty Llc.


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Lane Team | Compass New Jersey LLC. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Lane Team | Compass New Jersey LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-09-20T22:46:08.657.
     
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    Upper Montclair NJ, 07052