Large 4 Unit, multifamily investment property in the center of the historic section of Hackettstown. Two, 3 bedroom units and two, 1 bedroom units. Section 68 certificate approved! Public water/sewer. Separate electric meters for each unit. Current leases are all month to month, are below market rents, and include water, sewer, heat and trash. Based on fair market rents of $1,800 for the 3 bedrooms and $1,200 for the 1 bedrooms, this should be an 8+ cap rate. See attached pro forma. Inc, Exp, and NOI #'s below are based on pro forma
Based on the average sale price from the Old Bridge, NJ office
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Default based on a 30-year fixed rate of 3.25% 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.
312 Church St Hackettstown Town, NJ is a Single Family Home for sale at $575000 and a lot size of 7,841 SqFt Acre(s). 312 Church St Hackettstown Town has 8 bedrooms, 4 baths and was built in 1900. The property's zip code is 07840 which is in Hackettstown Town, NJ
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% 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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