Just Listed
Address
312 Church St Hackettstown Town, NJ
Price
$ 575,000
Property Attributes
  • MLS#3703434
  • TypeMulti-Family
  • CountyWARREN
  • CityHackettstown Town
  • AreaHackettstown Town
  • NeighborhoodHistoric Section
  • Zip07840
  • Style2-Two Story, Fourplex
  • Year Built1900
  • Taxes12753
  • Price$ 575,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size7,841 SqFt
Listing Provided Courtesy Of:
RE/MAX HERITAGE PROPERTIES
Data Source:
Garden State MLS
Property Description

Large 4 Unit, multifamily investment property in the center of the historic section of Hackettstown. Two, 3 bedroom units and two, 1 bedroom units. Section 68 certificate approved! Public water/sewer. Separate electric meters for each unit. Current leases are all month to month, are below market rents, and include water, sewer, heat and trash. Based on fair market rents of $1,800 for the 3 bedrooms and $1,200 for the 1 bedrooms, this should be an 8+ cap rate. See attached pro forma. Inc, Exp, and NOI #'s below are based on pro forma

Price History
4/8/2021 Listed $575,000

General Features

Architectural Style 2-Two Story, Fourplex
Cooling None
Drive Blacktop, Driveway-Shared
Exterior Features Open Porch(es)
Heating 4+ Units
Open Parking Spaces 9
Roof Imitation Slate, Slate
Sewer Public Sewer
Tax Annual Amount 12753
Total Units 4
Town # 3008
Township Hackettstown Town
Utilities See Remarks

Interior Features

Basement Full, Unfinished
Fuel Type OilAbIn
Unit 1 Appl/equip CookElec, Refrig
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Kitchen, Living Room
Unit 1 Rooms 3
Unit 2 Appl/equip CookElec, Refrig
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 2 Handicap Modified No
Unit 2 Levels 2
Unit 2 Room Description Bedrooms, Kitchen, Living Room
Unit 2 Rooms 5
Unit 3 Appl/equip CookElec, Refrig
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Unit 3 Handicap Modified No
Unit 3 Levels 1
Unit 3 Room Description Bedrooms, Kitchen, Living Room
Unit 3 Rooms 3
Unit 4 Appl/equip CookElec, Refrig
Unit 4 Baths Total 1.0
Unit 4 Beds Total 3
Unit 4 Handicap Modified No
Unit 4 Levels 3
Unit 4 Room Description Bedrooms, Kitchen, Living Room
Unit 4 Rooms 5
Unittype1totalrent 1050
Unittype2totalrent 1600
Unittype3totalrent 1050

Exterior Features

Exterior Description Wood
Lot Dimensions 60X130
Lot Features Open Lot
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07840

Price
AVG $470K
$580K
Taxes
AVG $10,700
$12,753
Visits
AVG 65
5
Year Built
AVG 1919
1900

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