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29 Douglas Avenue, Franklin Township, NJ 08873
$475,000
29 Douglas Avenue, Franklin Township, NJ 08873View this property at 29 Douglas Avenue, Franklin Township, NJ 08873
29 Douglas AvenueFranklin TownshipNJ08873
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Property Description
An Investor's Dream! This property is a duplex with full, stable tenancies. The larger Unit #1 has been renovated with 4 bedrooms, 2 full baths, finished garage for storage, finished basement with walkout, kitchen area with walkout, and even a storage area with walkout. The smaller Unit #2 has been renovated with 1 bedroom, one full bath, and a pantry. The renovations include major upgrades - 1/2 of roof replaced, new boiler, new hot water heater, upgraded PEX plumbing and 3 HVAC zones and radiator heating for efficiency and cost savings. Easy commuting located near the New Brunswick Train Station, Suburban Bus Terminal, Robert Wood Johnson University Hospital, and major roads an highways. 10% cap rate. Profit & Loss Statement available upon request. This location is in very high demand and an incredible investment opportunity. Showings start on November 27
Full Property Details
Full Property Details for 29 Douglas Ave
General
- Sold For: $475,000
- Taxes: $6,934 (2023)
- Status: Closed
- Type: Duplex
- MLS ID: 2353600M
- Added to Site: 195 day(s) ago
Interior
- Interior Features: Unit 1(2+ Baths, 5+ Bedrooms, See Remarks), Unit 2(2+ Baths, 5+ Bedrooms)
- Appliances: Water Heater(Gas), Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Living Room: 1,665 Sq. Ft.
Location
- County: Somerset
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: Hot-Water Radiators
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Basement Desc.: Partially Finished, Bath Full, Bedroom, Interior Entry, Exterior Entry, Tenant Use, Utility Room
- Stories/Levels: 2
- Square Feet: 1,665
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.2594
- Lot Size (Sq. Ft.): 11,299
- Lot Dimensions: 50 x 226
- Lot Features: Near Public Transit, Near Shopping, Near Train, See Remarks
- Zoning: GB
- Lot Description: Near Public Transit, Near Shopping, Near Train, See Remarks
Financial Considerations
- Tax Amount: $6,934
- Tax Year: 2023
Disclosures and Reports
- Property ID: 8001710200008
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Schools
Schools serving 29 Douglas Ave
School District:Franklin Township Public Schools, Franklin Township, NJ
Rating | Name | Grades | Distance |
---|---|---|---|
500 Elizabeth Ave, Somerset, NJ 08873 | 9-12 | 4.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 29 Douglas Ave
Date
Details
Price
Change
Source
1/12/2024
Sold
$475,000
5.79%
MLS
11/27/2023
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
29 Douglas Avenue, Franklin Township, NJ 08873 (MLS# 2353600M) is a Duplex property that was sold at $475,000 on January 12, 2024. Want to learn more about 29 Douglas Avenue? Do you have questions about finding other Duplex real estate for sale in Franklin Township? You can browse all Franklin Township real estate or contact a Coldwell Banker agent to request more information.