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Backup Offers

71 E Railroad Ave, Jamesburg, NJ, 08831

$375,000

Home List Price

$4,453*

Closing Credit

0 Baths
Multi

Location

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71 E Railroad Ave, Jamesburg$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1930
HeatingForced Air
MLS #2503922R
StatusAccepting Backup Offers
(Under Contract)

About 71 E Railroad Ave

This property is a fantastic income generator with a strong rental history. All units, including the storefront, are fully leased, producing an annual rental income of $39,000. It also boasts a full basement offering ample storage space and is outfitted with three separate HVAC systems, water heaters, and electrical services. Tenants cover all utilities, with water costs split three ways. Located in a prime area, this is a solid investment opportunity.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX FIRST REALTY, INC.

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Interior: Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 3(1 Bath, See Remarks)

Exterior Features

Exterior Information:

  • Exterior: Storage Shed, Yard

Lot Features

Lot Information:

  • Lot: See Remarks

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Grace M. Breckwedel Middle School, Public District Grades 6-8
  • John F. Kennedy Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000

Tax Information:

  • Annual Amount: $9,728
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Jamesburg, NJ.

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Jamesburg, NJ

City

Med. Sold Price

$445K

Med. Price/SqFt

$299

Avg. Days On Market

46

# of Sold Homes

5

71 E Railroad Ave vs Jamesburg

47 DAYS ON ROCKET

+1 Day

$375,000

-$70K Less

KEY TAKEAWAY

This property is $70K less than the Median Sold Price in Jamesburg, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2503922R

Listing Office:

  • Office Name: RE/MAX FIRST REALTY, INC.

IDX 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: 11/5/2024, 6:20:49 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

Feb 08, 2012Home Sold
$248,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,728$151,100
2019$9,540$151,100
2018$9,540$151,100
2017$9,471$151,100

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-2106819
5
/10

  • John F. Kennedy Elementary School

  • 28 Front St

  • 0.24 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2106820
7
/10

  • Grace M. Breckwedel Middle School

  • 13 Augusta St

  • 0.09 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 $59,853. Typical income of Jamesburg, NJ residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Middlesex County›Jamesburg›08831›71 E Railroad Ave

This home is located at 71 E Railroad Ave in Jamesburg, NJ and zip code 08831. This home was built in 1930. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $375,000.

Jamesburg, NJ housing market in October 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 3 sold below. Between September 2024 and October 2024, Jamesburg, NJ real estate market has seen decrease in the number of listings by 8.3%. The median list price of listings available in October 2024 was $445,000, while the average time on the real estate market was 46 days.

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

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