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1410 Route 179, Lambertville, NJ 08530
$850,000
1410 Route 179, Lambertville, NJ 08530View this property at 1410 Route 179, Lambertville, NJ 08530
1410 Route 179LambertvilleNJ08530
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Property Description
Great opportunity to own a multi-family home in West Amwell, NJ 08530. The property is located in Hunterdon County, NJ approximately 3 miles from downtown Lambertville, NJ and New Hope, Pennsylvania. The property consists of four residential rental units Unit 1 A that is 1,000 SF ($1,625/month rent- 1 bedroom), Unit 1= 1,300 SF ($1,775/month-1 bedroom, study potential second bedroom), Unit 2= 1,800 SF ($2,150- 2 bedrooms, study and office) and Unit 3 = 1,100 SF ($1,300/month- 1 bedroom) . Separate meters and leases in place 1 year ( First and Second Floor tenants) and a 2 year (Third Floor tenant). Total current income= $82,200/year with potential for additional revenue. The property is located in the Highway Commercial (HC) zone. Brand new oversize septic system just installed ($89,000), new ceiling repaired third floor ($28,000), and new A/C Unit on the second floor ($9,500). *Expenses are approximate and projected for 2024. Multiple offers on the property. Please submit all offers to listing agent this by 5 PM this Wednesday February 28, 2024 for consideration. Any questions contact listing agent. Thanks.
Full Property Details
Full Property Details for 1410 Route 179
General
- Sold For: $850,000
- Taxes: $11,036 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: NJHT2002598
- Added to Site: 120 day(s) ago
Interior
- Flooring: Carpet, Ceramic Tile, Hardwood
Parking
- Total Spaces: 10
- Parking Features: Private, Stone Driveway, Crushed Stone
- Parking Type: Driveway, Parking Lot
Location
- Area: West Amwell Twp (21026)
- Municipality: WEST AMWELL TWP
- County: Hunterdon
- Driving Directions: Route 179 to 1410 Route 179
- Location Details: Suburban
School Information
- School District: West Amwell Twp
Heating & Cooling
- Central air: Yes
- Cooling Type: Multi Units, Central A/C
- Cooling Fuel: Electric
- Heating Type: Radiator, Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Private Septic Tank
- Water: Well
- Utility Description: Natural Gas Available, Phone Connected, Cable TV, Electric Available
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Detached
- Construction: Wood Siding, Vinyl Siding
- Foundation: Block
- Roof: Shingle
- Walls/Ceilings: Vinyl, Other, Dry Wall
- Stories/Levels: 3
- Square Feet: 5,300
- Sq. Ft. Source: Estimated
- Living Area: 5,300 Sq. Ft.
- Year Built: 1971
- Year Built Source: Assessor
- Property Condition: Average
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
- 1 Bedroom Units: 3
- 2 Bedroom Units: 1
Unit 1
- Unit Description: Unit 1
- Bedrooms: 1
Unit 2
- Unit Description: Unit 2
- Bedrooms: 1
Unit 3
- Unit Description: Unit 3
- Bedrooms: 2
Unit 4
- Unit Description: Unit 4
- Bedrooms: 1
Lot Features
- Property View: Street, Trees/Woods
- Lot Size (Acres): 2
- Lot Size (Sq. Ft.): 87,120
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Frontage Feet: 260
- Lot Features: Corner, Rear Yard, Road Frontage, Trees/Wooded
- Zoning: HC
- Lot Description: Corner, Rear Yard, Road Frontage, Trees/Wooded
Financial Considerations
- Price Per Sq. Ft.: $150
- Operating Expenses: $30,087
- Assessment Year: 2023
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $490,500
- Tax Amount: $11,036
- Tax Year: 2021
- Terms: Standard Sale
- Owner Pays: Accounting/Legal, Common Area Maintenance, Insurance, Lawn/Shrub Care, Pest Control, Repairs, Snow Removal, Taxes - Real Estate, Trash Collection
- Landlord Pays: Accounting/Legal, Common Area Maintenance, Insurance, Lawn/Shrub Care, Pest Control, Repairs, Snow Removal, Taxes - Real Estate, Trash Collection
- Tax Total Finished Sq. Ft.: 3408
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Exclusions: Tenants personal furniture
- Inclusions: all existing FF&E and Appliances
- Lot Number: 00052 02
Listed by Century 21 Abrams & Associates, Inc., Robert Samuel Warney
Sold by Kurfiss Sotheby's International Realty, Stefan D Dahlmark
Get Pre-Approved Today
Schools
Schools serving 1410 Route 179
School District:South Hunterdon Regional School District
Rating | Name | Grades | Distance |
---|---|---|---|
West Amwell Elementary School
1417 Route 179, Lambertville, NJ 08530 | K-6 | 0.1 mi | |
301 Mount Airy Harbourton Rd, Lambertville, NJ 08530 | 7-12 | 1.4 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 1410 Route 179
Date
Details
Price
Change
Source
4/25/2024
Sold
$850,000
6.92%
MLS
1/26/2024
Listed
$795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1410 Route 179, Lambertville, NJ 08530 (MLS# NJHT2002598) is a Multi-Family property that was sold at $850,000 on April 25, 2024. Want to learn more about 1410 Route 179? Do you have questions about finding other Multi-Family real estate for sale in Lambertville? You can browse all Lambertville real estate or contact a Coldwell Banker agent to request more information.