262 County Road 519 - Apartments FOR SALE


Stockton, NJ 08559
$495,000 USD
609-529-3549

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$495,000 USD
Apartments - FOR SALE
null | Request Cap Rate

262 County Road 519
Stockton, NJ 08559


OVERVIEW

Prime Commercial Investment Opportunity Unlock the potential of this versatile 4-unit commercial property in a prime location! Built in 1900, this 2-story, 2,604 sq. ft. building sits on a generous 0.54-acre lot (23,522 sq. ft.) and is perfect for investors seeking steady income and future growth. Currently fully rented, so only showings for serious investors. This is an estate sale, and executor is not interested in being a landlord. Rents are low for the area. All units are 1 bed. Landlord pays for heat, 2024 oil bill was $2030, 2023 oil was $1885. All units individually metered for electric. Property Insurance $5393/yr. Trash and recycling paid monthly at $321/mo. Water tested and passed November 2024. Current Rental Income •

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$190 USD /SF

# OF UNITS

4

PRICE/UNIT

$123,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,811 SF

ZONING

AR-2

APN/PARCEL ID

16-00026-0000-00001

ASK ABOUT THIS PROPERTY

Kevin ZimmerCentral CommercialMore Info
609-529-3549

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Kevin ZimmerCentral CommercialMore Info
609-529-3549

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.