This unusual offering consists of 8 studio apartments with a legal two family home located in the Village of Swartswood. Great rental history and income. Fully occupied w/many long term tenants. Owner has affordable housing agreement with the Township of Stillwater in effect for 15 years. Each studio consists of a 14 x 18 room w/full bath & access to community kitchen complying with regulations for low and moderate income housing. The two family has 10 rooms including 4 bedrooms & 2 full baths. This is a great opportunity for an investor.
Full Property Details
Full Property Details for 1080 Co Rd 521
Taxes: $8,566 (2016)
MLS ID: 3400500
Added: 505 day(s) ago
Includes: Building & Land
Total Bathrooms: 8
Equipment: Appliances, Smoke Detector, Kitchen Area
Garage Spaces: 12
Parking: Gravel, Parking Lot-Shared, Common
Driving Directions: From Newton Rt 622 (Newton Swartswood Rd) to right onto Rt 521. Property on right past Swartswood Post Office
Location Details: Rural Area
Heating & Cooling
Cooling Type: Window A/C(s)
Heating Type: 1 Unit, Baseboard - Hotwater
Heating Fuel: GasPropL
Utility Description: Gas-Propane, Electric
Exterior Const.: Brick/Block, Composition Shingle
Basement Desc.: Slab
Stories in Building: 1
Square Feet: 3,000
Aprox. Leasable: 3,000 Sq. Ft.
Year Built: 1974
1 Bedroom Units: 8
Units w/Full Bath: 8
Lot Size (Acres): 1.11
Lot Size: 229X211 AV
Permitted Use: Multi/motel
Lot Description: Open Lot, Stream On Lot, Level Lot
Disclaimer: School ratings provided by
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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.
1080 County Road 521, Stillwater, NJ 07860 (MLS# 3400500) is a
1080 County Road 521 is currently listed for $315,000 and was received on June 29, 2017.
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Lease with a Right to Purchase
A new affordable option from Home Partners of America. They buy the home, you lease it for 1-5 years with a right to purchase.