NJ > High Bridge Boro
High Bridge Boro, NJ 08829,31-53 Arch St
High Bridge Boro, NJ 08829,31-53 Arch St
High Bridge Boro, NJ 08829,31-53 Arch St
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$2,400,000
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26 BD
12 BA
2.8 Acres Lot
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31-53 Arch St High Bridge Boro, NJ 08829

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Carla Elfeld

Carla Elfeld

+1(646) 541-1172

UPDATED:

11/13/2024 12:03 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3932192

Style 2-Two Story, Fourplex

Bedrooms 26

Full Baths 12

Year Built 1910

Annual Tax Amount $45,731

Tax Year 2024

Lot Size 2.800 Acres

Property Description

An exceptionally rare investment opportunity in Hunterdon County consists of three residential buildings, each with four units, housing a total of 12 apartments. These well-maintained apartment buildings sit on 2.8 picturesque acres in High Bridge. Currently netting approx. $140k in annual income with the potential for even more, it represents a solid investment with a steady cash flow, long-term tenants, and some below-market rate rentals for an exceptional opportunity. All units have spacious living rooms, expansive and updated eat-in kitchens, full updated baths and a laundry in each unit. Ten units have two bedrooms and two units offer three bedrooms. Four units have full basements. Located in a scenic rural area, the units also offer decks and/or patios and front porches for warm weather enjoyment. Each unit has two spaces for off-street parking, public water and sewer. This central location is minutes to train and bus stations as well as Routes 78, 22 and 31 for commuters. The area also provides a variety of local dining, shopping, recreational activities and top-rated schools, enhancing this unique investment opportunity. Also see Commercial MLS# 3932187

Location

State NJ

County Hunterdon

Zoning R-3

Rooms

Basement Crawl Space, Full, Unfinished

Interior

Interior Features Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors

Heating Electric, OilAbOut, SeeRem

Cooling 3 Units, Central Air, See Remarks, Window A/C(s)

Heat Source Electric, OilAbOut, SeeRem

Exterior

Exterior Feature Vinyl Siding

Utilities Available Electric, Gas-Propane

Roof Type Asphalt Shingle

Building

Lot Description Lake/Water View, Open Lot, Wooded Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, Fourplex

Schools

Elementary Schools Highbridge

Middle Schools Highbridge

High Schools Voorhees

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by TURPIN REAL ESTATE, INC.

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Carla Elfeld

Broker | License ID0337301

+1(646) 541-1172

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31-53 Arch St