NJ > High Bridge Boro
High Bridge Boro, NJ 08829,31-53 Arch St
See all 47 photos
High Bridge Boro, NJ 08829,31-53 Arch St
High Bridge Boro, NJ 08829,31-53 Arch St
High Bridge Boro, NJ 08829,31-53 Arch St
High Bridge Boro, NJ 08829,31-53 Arch St
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Evghenia Berzan

Evghenia Berzan

+1(908) 787-2128
$ 2,400,000
Est. payment /mo
Save
Active

31-53 Arch St High Bridge Boro, NJ 08829

11,250 SqFt

UPDATED:

11/13/2024 12:04 AM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,250 sqft

Price per Sqft $213

MLS Listing ID 3932187

Year Built 1910

Annual Tax Amount $45,731

Tax Year 2024

Lot Size 2.800 Acres

Property Description

An exceptionally rare investment opportunity in Hunterdon County consists of three residential buildings, each with four units, housing a total of 12 apartments. These well-maintained apartment buildings sit on 2.8 picturesque acres in High Bridge. Currently netting approx. $140k in annual income with the potential for even more, it represents a solid investment with a steady cash flow, long-term tenants, and some below-market rate rentals for an exceptional opportunity. All units have spacious living rooms, expansive and updated eat-in kitchens, full updated baths and a laundry in each unit. Ten units have two bedrooms and two units offer three bedrooms. Four units have full basements. Located in a scenic rural area, the units also offer decks and/or patios and front porches for warm weather enjoyment. Each unit has two spaces for off-street parking, public water and sewer. This central location is minutes to train and bus stations as well as Routes 78, 22 and 31 for commuters. The area also provides a variety of local dining, shopping, recreational activities and top-rated schools, enhancing this unique investment opportunity. Also see Multi-Family MLS# 3932192

Location

State NJ

County Hunterdon

Zoning R-3

Rooms

Basement Crawl Space, Full

Interior

Heating Electric, OilAbOut

Cooling Central Air, No Cool

Flooring Carpeting, Tile, Vinyl-Linoleum

Equipment Appliances, Exhaust System, Kitchen Area, Restrooms - Private, Smoke Detector, Storage Area(s)

Heat Source Electric, OilAbOut

Exterior

Exterior Feature Vinyl Siding

Garage Spaces 30.0

Utilities Available Electric, Gas-Propane

Roof Type Asphalt Shingle

Parking Type Blacktop, Common, Parking Lot-Shared

Building

Lot Description Lake/Water View, Open Lot, Wooded Lot

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by TURPIN REAL ESTATE, INC.

Evghenia Berzan

Agent | License ID: 1541796

+1(908) 787-2128

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

31-53 Arch St