Remarks

Rare opportunity to own a legally licensed rooming house in Somerset County NJ with strong rental demand. Close proximity to downtown. The building has 14 bedrooms and 3 full bathrooms. The first floor has 5 bedrooms, 1 full bathroom. The second floor has 9 bedroom, 2 full bathroom and a small kitchen. The basement, crawl space with additional storage potential. The driveway fits 7 vehicles, plus street parking available. The first floor was completely renovated in 2021. All walls and floors are water resistant concrete based materials. All windows and doors on the first floors were replaced. Upgraded electrical panel, fire alarm panel, smoke detectors. New water heater. Renovated kitchen and bathrooms. Laundry hook up ready for coin operated machines for additional income. The property is located in a flood zone, but all materials below the flood line have been upgraded to flood-proof materials.

Details

MLS#: 3928101
Price: $950,000

Sq Ft: 2617
Year Built: 1948

County: Somerset
Lot Size: 60X100
Tax Fee: 8500