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5 Old New York Road

New Gretna, NJ 08224
  • $480,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 22235273
Price Reduced
UPDATED: 76 min ago
$480,000
  • 4
    BEDS
  • 3.6
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,380
    SQFT
  • $202
    $/SQFT
Type:
Multi-Family
Built:
1830
County:

School Ratings & Info

Description

Income property, 3 family with 4 rents. Cash flow now is $3745 a month. 3.6 Acres. The property has abrand-new septic system, brand-new well. New oil tank and updated high efficient oil furnace. Tenantspay for their own electric and cable owner pays for oil. The rent has not been raised for a couple ofyears so it is due. All tenants now are month to month. New vinyl flooring was installed 3 years ago.Rent from 3 family house and 30x90 garage. Can also rent space on the champagne bottle billboard.Unit 1 $850 1 bedroomUnit 2 $875 1 bedroomUnit 3 $1300 2 bedroomUnit 4 $720 garage

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© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Michael Tumminelli & Associates | RE/MAX New Beginnings. Data last updated 2022-12-05T16:20:04.843.
www.myagentattheshore.com/homes/134788432
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5 Old New York Road New Gretna, NJ 08224

  • Price: $480,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 76 min ago
  • MLS #: 22235273
4
Beds
3
Baths
0
½ Baths
3.6
Acres
2,380
SQFT
$202
$/SQFT
1830
Built
County:
Burlington
Area:
Bass River (BAS)
Property Description
Income property, 3 family with 4 rents. Cash flow now is $3745 a month. 3.6 Acres. The property has abrand-new septic system, brand-new well. New oil tank and updated high efficient oil furnace. Tenantspay for their own electric and cable owner pays for oil. The rent has not been raised for a couple ofyears so it is due. All tenants now are month to month. New vinyl flooring was installed 3 years ago.Rent from 3 family house and 30x90 garage. Can also rent space on the champagne bottle billboard.Unit 1 $850 1 bedroomUnit 2 $875 1 bedroomUnit 3 $1300 2 bedroomUnit 4 $720 garage
Exterior Features

Garage Yes Garage Type DetachedWorkshop Pool YN No Water View No Waterfront No

Interior Features

Basement Crawl Space Basement YN Yes Beds Unit1 1 Beds Unit2 1 Beds Unit3 2 Fireplace No Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Heat AC Other Heat Fuel OtherSee Remarks Unit1 Electric StoveRefrigerator Unit2 Electric StoveRefrigerator Unit3 Electric StoveRefrigerator Unit4 Other - See Remarks Water Heater Oil

Property Features

Assessment Land 94000.00 Assessment Status Assessed Assessment Total 198500.00 Deed Restrictions No Grandfathered Yes Improvements Assessment 104500.00 Multifamily Type Three Family Owner Individual(s) Rent Unit1 850.00 Rent Unit2 875.00 Rent Unit3 1300.00 Rent Unit4 720.00 Tax Year 2022 Taxes 4564.00 Water Sewer SepticWell

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of Mark Meyers of Keller Williams Shore Properties: (732) 797-9001.


© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Michael Tumminelli & Associates | RE/MAX New Beginnings. Data last updated 2022-12-05T16:20:04.843.
 
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Michael Tumminelli & Associates | RE/MAX New Beginnings
509 Main Street
Toms River NJ, 08753