$1,250,000
$1,300,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
1.08 Acres Lot
SOLD DATE : 01/05/2024
Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJHT2001928
Sold Date 01/05/24
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $12,105
Tax Year 2021
Lot Size 1.080 Acres
Acres 1.08
Lot Dimensions 245x189x271x166x44 IRREGULAR
Property Description
This fantastic investment in quaint Stockton Borough includes three buildings which house seven unique apartments, all fully rented, plenty of parking, with excellent income potential. The first building offers five updated residential units on two levels with versatile floor plans. One is an efficiency/studio with outdoor space and an updated kitchen. Another is a first-floor 2-bedroom unit that is wheelchair friendly with a stacked washer and dryer in the unit. The other apartments each have one-bedroom layouts. A shed/outbuilding across the parking lot includes a coin operated washer and dryer. The second building, referred to as "The Cottage," houses a 2-room studio/efficiency apartment while the third on the property, called "the Little Big House" is a three-story home featuring one large bedroom, one & half baths, a washer/dryer, a large dining area perfect for entertaining, huge living room with hardwood floors, a gas fireplace, and built-in bookcases. Close to the beautiful Delaware River and Towpath, restaurants, post office, and the bridge to PA, only minutes to downtown New Hope and Lambertville.
Location
State NJ
County Hunterdon
Area Stockton Boro (21023)
Zoning R140
Interior
Hot Water Electric
Heating Baseboard - Hot Water, Baseboard - Electric
Cooling Window Unit(s)
Flooring Carpet, Tile/Brick, Vinyl, Wood
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 7.0
Utilities Available Electric Available, Natural Gas Available
Waterfront N
Water Access N
Roof Type Asphalt
Accessibility Ramp - Main Level
Parking Type Driveway
Total Parking Spaces 7
Garage N
Building
Lot Description Corner, Front Yard, Rear Yard
Sewer Public Sewer
Water Public
New Construction N
Schools
School District South Hunterdon Regional
Others
Tax ID 23-00007-00004 08
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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