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31-53 Arch St, High Bridge Boro, NJ, 08829

$2,400,000

Home List Price

$10,000*

Closing Credit

26 Bedrooms
12 Full Baths
Multi

Location

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31-53 Arch St, High Bridge$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingBlacktop, Common, Off-Street Parking, Parking Lot-Shared
Year Built1910
HeatingBaseboard, Other, Electric
CoolingCentral Air, Other
BasementYes
MLS #3932192
Lot Size2.80 Acres
StatusActive

About 31-53 Arch St

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 Commercial MLS# 3932187

Property Details

Property Features

Property Information:

  • Architectural Style: 2-Two Story, Fourplex
  • Year Built: 1910

Listing Office:

  • Office Name: TURPIN REAL ESTATE, INC.
  • Office Phone: (908) 319-4144

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Microwave, Washer
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors

Bedroom and Bathroom Information:

  • Full Bathrooms: 12
  • Total Bedroom Count: 26

Exterior Features

Exterior Information:

  • Exterior: Deck, Open Porch(es), Patio, Storage Shed

Parking Information:

  • Parking: Blacktop, Common, Off-Street Parking, Parking Lot-Shared

Lot Features

Lot Information:

  • Lot: Open Lot, Wooded
  • Lot Size: 2.80 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Other, Electric
  • Cooling: Central Air, Other

School Info

Assigned Schools Information:

  • High Bridge Middle School, Public District Grades 6-8
  • High Bridge Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Rt 78 to Clinton, Rt. 31 N to R on Rt 513, R on Arch St, Bear L to property on R just past the tunnel bridge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
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MLS Details

MLS Information:

  • MLS Number: #3932192

Listing Office:

  • Office Name: TURPIN REAL ESTATE, INC.
  • Office Phone: (908) 319-4144

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

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Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2251530
3
/10

  • High Bridge Elementary School

  • 40 Fairview Ave

  • 0.65 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2251531
8
/10

  • High Bridge Middle School

  • 50 Thomas St

  • 0.41 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $113,578. Most Hunterdon County, NJ residents have annual incomes between $100k-200k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Hunterdon County›High Bridge›08829›31-53 Arch St

This home is located at 31-53 Arch St in High Bridge Boro, NJ and zip code 08829. This home, which was built in 1910, sits on a 2.80 acre lot. Features: 26 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $2,400,000.

While more than 56 listings in Hunterdon County, NJ in October 2024 were sold above asking price, there were more than 14 listings sold at asking price, and more than 42 were sold below. In October 2024 in Hunterdon County, NJ there were 7.4% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $570,497, while the average time on the real estate market was 15 days.

From Rocket Homes Real Estate and based on county public records data.

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