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427 E Central Ave, Alpha Boro, NJ, 08865

$999,900

Home List Price

$10,000*

Closing Credit

8 Bedrooms
5 Full Baths
Multi

Location

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427 E Central Ave, Alpha$999,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGravel, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive
Year Built1880
HeatingBaseboard, Electric
CoolingCeiling Fan(s)
BasementYes
MLS #3931051
Lot Size0.22 Acres
StatusActive

About 427 E Central Ave

Discover an EXCEPTIONAL INVESTMENT OPPORTUNITY with this Beautifully Newly 2024 REMODELED 5-unit MULTI-FAMILY APARTMENT BUILDING. Ideally situated in DESIRABLE Alpha Boro, this apartment building features 3- 1 Bedroom, 1- 2 Bedroom and 1- 3 Bedroom apartments. With Modern Upgrades throughout, the building boasts a BRAND NEW ROOF, NEW WATER HEATERS, NEW carpet and LVP, updated baths, FRESH PAINT and contemporary kitchens complete with NEW CABINETS, COUNTERTOPS, and STAINLESS-STEEL APPLIANCES. The exterior shines with NEW VINYL SIDING, shutters, and a freshly painted block facade. Enjoy the benefits of a newly installed PAVER PATIO and a stone off-street PARKING LOT, providing ample parking for residents. Each apartment has its OWN ENTRANCE, ensuring privacy and independence. Separate electric meters make for easy management. Utilize the basement for additional storage or coin laundry to maximize profits! This TURNKEY investment property is ready for market-rate tenants, offering a hassle-free opportunity to capitalize on the thriving rental market. Don't miss out on this remarkable property that combines modern living with exceptional curb appeal! Certificate of Occupancy has been completed! Currently 40% occupied.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1880

Listing Office:

  • Office Name: KELLER WILLIAMS REAL ESTATE
  • Office Phone: (610) 867-8888

Interior Features

Interior Information:

  • Appliances: Microwave
  • Basement: Yes
  • Interior: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Walk-In Closet

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Curbs, Patio, Sidewalk

Parking Information:

  • Parking: Gravel, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From 22E, take R onto St James Ave, L onto New Brunswick Ave, R onto Hawk Ave, stay on 3rd, L onto E Central Ave, property on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,900
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MLS Details

MLS Information:

  • MLS Number: #3931051

Listing Office:

  • Office Name: KELLER WILLIAMS REAL ESTATE
  • Office Phone: (610) 867-8888

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

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

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: 12/21/2024, 11:20:48 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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Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,064

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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.

Nearby Schools

school-card-donut-815306
5
/10

  • Greenwich Elementary School

  • 101 Wyndham Farm Blvd

  • 2.03 miles

  • Public District Grades PK-5

school-card-donut-815307
4
/10

  • Phillipsburg Elementary School

  • 525 Warren St

  • 2.29 miles

  • Public District Grades 3-5

school-card-donut-815308
6
/10

  • Lopatcong Elementary School

  • 263 Route 57

  • 2.63 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,646. Residents of Warren County, NJ typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Warren County›Alpha›08865›427 E Central Ave

This home is located at 427 E Central Ave in Alpha Boro, NJ and zip code 08865. This home, which was built in 1880, sits on a 0.22 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $999,900.

While more than 43 listings in Warren County, NJ in November 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 21 were sold below. The number of homes for sale in Warren County, NJ decreased by 0.4% between October 2024 and November 2024. The median list price of listings available in November 2024 was $386,194, while the average time on the real estate market was 101 days.

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

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