A rare investment opportunity in the heart of Iselin! This true Mother-Daughter home, located on a peaceful cul-de-sac, offers exceptional income potential with its two fully equipped, separate living quarters. Whether you're looking to live in one unit and rent the other or lease both spaces for maximum profit, this property provides a unique chance to generate steady income while enjoying the comfort of home. The first-floor unit boasts an open concept layout, featuring a spacious living room, two bedrooms, and a modern kitchen with granite countertops and stainless steel appliances. A charming family room offers additional space filled with natural light. Upstairs, the second unit offers two more bedrooms, a spacious living room, a full bath, a private kitchen, and a separate entrance perfect for tenants or extended family. The partially finished basement with its own full bathroom adds further flexibility, perfect for a man cave, home office, or a bonus recreation room. The home sits on a fully fenced lot with a large deckideal for outdoor entertaining. Located just 1/2 mile from Metropark, a major hub for NJ Transit and Amtrak, and only 2 miles from JFK Hospital, this home is perfectly positioned for commuters. You'll also be just 0.25 miles from the vibrant Oak Tree Road shopping and dining district, making this home even more attractive to potential tenants. With easy access to Rutgers University and Newark Airport, the location couldn't be better. Don't miss this one-of-a-kind opportunity to live comfortably while letting your investment work for you. Schedule your private tour today and start watching the income roll in!
Property Details
Property Features
Property Information:
Architectural Style: Other, Custom Home, Two Story
Year Built: 1948
Stories: 2
Living Area: 1,876 SqFt
Listing Office:
Office Name: KELLER WILLIAMS ELITE REALTORS
Interior Features
Interior Information:
Appliances: Self Cleaning Oven, Dishwasher, Dryer, Gas Range, Microwave, Refrigerator
Flooring Type: Laminate, Wood
Interior: Entrance Foyer, 2 Bedrooms, Kitchen, Living Room, Bath Main, Family Room, Kitchen Second, Bath Full, Dining Room, None
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Exterior: Deck, Fencing/Wall, Yard
Parking Information:
Parking: 1 Car Width, 3 Cars Deep
Lot Features
Lot Information:
Lot: Cul-De-Sac, Near Public Transit
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Cooling: Window Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $659,000
Price Per SqFt: $351/SqFt
Tax Information:
Annual Amount: $10,620
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Iselin, NJ.
This property is $159.5K more than the Median Sold Price and $26/SqFt less than other homes in Iselin, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CJMLS API
MLS Number: #2505469R
Listing Office:
Office Name: KELLER WILLIAMS ELITE REALTORS
The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. 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, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 22, 1988
Jul 22, 1988Home Sold
$180,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$10,620
$93,200
2019
$9,848
$93,200
2018
$9,848
$93,200
2017
$9,674
$93,200
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Oak Tree Road Elementary School
Wilus Way
Distance between this listing and this school0.18 miles
Public District Grades KG-5
8
/10
Robert Mascenick Elementary School
300 Benjamin Ave
Distance between this listing and this school0.39 miles
Public District Grades KG-5
4
/10
Indiana Avenue Elementary School
Indiana Avenue
Distance between this listing and this school0.39 miles
Public District Grades KG-5
Nearby Schools
6
/10
Iselin Middle School
900 Woodruff St
Distance between this listing and this school0.84 miles
Public District Grades 6-8
4
/10
Colonia Middle School
Delaware Avenue
Distance between this listing and this school2.09 miles
Public District Grades 6-8
3
/10
Fords Middle School
Fanning Street
Distance between this listing and this school2.16 miles
Public District Grades 6-8
Nearby Schools
4
/10
John F. Kennedy High School
200 Washington Ave
Distance between this listing and this school0.91 miles
Public District Grades 9-12
4
/10
Colonia High School
East Street
Distance between this listing and this school1.40 miles
Public District Grades 9-12
2
/10
Woodbridge High School
25 Samuel Lupo Pl
Distance between this listing and this school1.96 miles
The neighbors living near this home have an average income of $86,711. Typical income of Iselin, NJ residents is between $35k-100k annually. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 58 Forrest St
What is the listing price of this property?
The listing price of 58 Forrest St property is $659,000.
What type of property is this?
The property 58 Forrest St is a house located in Iselin, New Jersey, 08830.
Is this property for sale now?
Accepting Backup Offers: 58 Forrest St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $10,620 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 22, 1988 for $180,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 58 Forrest St has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 58 Forrest St is 1,876 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 58 Forrest St is 1948.
This home is located at 58 Forrest St in Iselin, NJ and zip code 08830. This 1,876 square foot home, which was built in 1948, sits on a 0.11 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $659,000.
In November 2024, from all listings sold in Iselin, NJ there were more than 8 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price. The number of listings in Iselin, NJ decreased by 1.6% between October 2024 and November 2024. Listings spent 44 days on the market in November 2024, and had a median list price of $499,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.