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$725,000   Price Analysis
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189 Main St
Flemington, NJ 08822
6 bed 4 bath 3,974 SqFt ($182/SqFt)
0.37 acre lot. Built 1880
Listed 2024-03-02
USDA Eligible
near Flemington, NJ
 Restrictions may apply
due to home size

Discover an exceptional investment opportunity on Main Street

* No Longer For Sale *
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Featuring a remarkable 4-family home in a prime location. Situated a stone's throw from the redevelopment project in Flemington Borough, this property offers a promising future in a thriving area. This three-story residence exudes sophistication and practicality, with the lwer level housing two well-appointed one-bedroom apartments, while the second and third levels each offer big 2-bedroom units, providing a versatile living arrangement for tenants.

The property's off-street parking adds convenience and appeal, ensuring ease of access for residents. This rare opportunity to invest in a fully rented 4-family home with an oversized lot and an ideal location presents a compelling prospect. Seize the op portunity to explore this remarkable investment property on Main Street and elevate your real estate portfolio. Schedule a showing today to delve into this exceptional investment opportunity.


Presented by Jennifer Stowe at
COMPASS NEW JERSEY, LLC.
Listing Agent Photo

Property MLS #3888747 from GardenState

Bedrooms: 6

Total Bathrooms: 4.00
Full Bathrooms: 4

Carbon Monoxide Detector
Carpeting
Fire Extinguisher
High Ceilings
Smoke Detector

14
Basement Description: Bilco-Style Door, Full

Cooling Features: WindowAC
Heating Features: 2 Units, Baseboard - Hotwater, Radiators - Steam
Heating Fuel: GasNatur, OilAbIn

Open Porch(es)
Outbuilding(s)
Sidewalk
Storm Window(s)

Lot Description: Corner, Level Lot
Lot Size Acres: 0.37
Lot Size Square Feet: 16117

Driveway: Crushed Stone, Off-Street Parking, Parking Lot-Exclusive
Parking Total: 5

Elementary School: READ-FLEM
High School: HUNTCENTRL

Reading-Fleming Intermediate School is a public elementary school located approximately 0.5 miles away.
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Hunterdon Central High School is a public high school located approximately 0.9 miles away.
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J P Case Middle School is a public middle school located approximately 1.3 miles away.
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Center For Educ Advancement-Spring Run School is a private middle and high school located approximately 1.8 miles away.
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Gross Income: 72000

Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1.0
Total Bathrooms in Unit-2: 1.0
Total Bathrooms in Unit-3: 1.0
Total Bathrooms in Unit-4: 1.0
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 5
Total Rooms in Unit-4: 4
Unit-1 Description: Bedrooms, Kitchen, Living Room
Unit-2 Description: Bedrooms, Kitchen, Living Room
Unit-3 Description: Bedrooms, Kitchen, Living Room, Rec Room
Unit-4 Description: Bedrooms, Kitchen, Living Room
Unit-1 Furnished Description: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Unit-2 Furnished Description: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Unit-3 Furnished Description: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Unit-4 Furnished Description: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
Unit 1 Total Actual Rent: 1200
Unit 2 Total Actual Rent: 1200
Unit 3 Total Actual Rent: 1800
Unit 4 Total Actual Rent: 1800

Annual Tax Amount: 12745
Source Listing Status: Sold
County: Hunterdon
Directions: Flemington circle to Main st, house on corner of Grant and Main.
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: Main Street
Subdivision: Main Street
Source System Name: C2C
Coming Soon Date: 2024-03-04

Sold 2024-06-14
$735,000
GardenState
Listed 2024-03-02
$725,000
GardenState

Net Operating Income: 43500
Operating Expense: 28500
Operating Expense Includes: All Utilities, Garbage Collection, Insurance, Taxes

Total Square Feet Living: 3974
Year Built: 1880
Building Exterior Type: Aluminum Siding
Property Age: 144
Roof: Slate
House Style: Fourplex
Year Built Details: Approximate

Sewer: Public Sewer
Cable TV Available
Garbage Included
Water Source: Public Water

Other Equipment: Gas

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.