SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.8% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Rented with stable tenants. There is room for rent to be increased. so opportunities are there. No rent control here! Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. New septic is being done now. This is an R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.
Property Details
Property Features
Property Information:
Living Area: 5,017 SqFt
Listing Office:
Office Name: Hometown Residential Realty LLC
Listing Agent: Susan Grace McGowan
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 10
Total Bedroom Count: 14
Exterior Features
Exterior Information:
View: Trees/Woods
Parking Information:
Attached Garage: No
Parking: Open, See Remarks, Off Street, Unpaved
Lot Features
Lot Information:
Lot: Level, Wooded
Lot Size: 1.14 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Multi Unit(s)
School Info
Assigned Schools Information:
Old Bridge High School, Public District Grades 9-12
James A. Mcdivitt Elementary School, Public District Grades KG-5
Price Information
Listing Price Info
Price Summary:
List Price: $2,000,000
Price Per SqFt: $399/SqFt
Tax Information:
Annual Amount: $10,921
Tax Year: 2020
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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
6
/10
James A. Mcdivitt Elementary School
1 Manny Martin Way
Distance between this listing and this school1.28 miles
Public District Grades KG-5
High School
6
/10
Old Bridge High School
4209 Highway 516
Distance between this listing and this school0.40 miles
Public District Grades 9-12
Assigned Schools
6
/10
James A. Mcdivitt Elementary School
1 Manny Martin Way
Distance between this listing and this school1.28 miles
Public District Grades KG-5
Nearby Schools
9
/10
Cheesequake Elementary School
111 State Route 34
Distance between this listing and this school1.38 miles
Public District Grades KG-5
6
/10
Ravine Drive Elementary School
170 Ravine Dr
Distance between this listing and this school1.81 miles
Public District Grades KG-3
Nearby Schools
5
/10
Carl Sandburg Middle School
3439 Highway 516
Distance between this listing and this school1.50 miles
Public District Grades 6-8
4
/10
Matawan-Aberdeen Middle School
469 Matawan Ave
Distance between this listing and this school2.87 miles
Public District Grades 6-8
7
/10
Lloyd Road Elementary School
401 Lloyd Rd
Distance between this listing and this school3.02 miles
Public District Grades 4-5
Assigned Schools
6
/10
Old Bridge High School
4209 Highway 516
Distance between this listing and this school0.40 miles
Public District Grades 9-12
Nearby Schools
4
/10
Matawan Regional High School
450 Atlantic Ave Ste B
Distance between this listing and this school2.83 miles
Public District Grades 9-12
4
/10
Sayreville War Memorial High School
820 Washington Rd
Distance between this listing and this school4.16 miles
The neighbors living near this home have an average income of $123,670. Residents of Matawan, NJ typically earn between $100k-200k each year. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 73 Partridge Rd
What is the listing price of this property?
The listing price of 73 Partridge Rd property is $2,000,000.
What type of property is this?
The property 73 Partridge Rd is a house located in Matawan, New Jersey, 07747.
Is this property for sale now?
Active Listing: 73 Partridge Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 73 Partridge Rd are: James A. Mcdivitt Elementary School: GreatSchools Rating 6/10Old Bridge High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $10,921 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 16, 2005 for $895,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 73 Partridge Rd has 14 bedrooms and 10 bathrooms.
What is the square footage of this property?
The property 73 Partridge Rd is 5,017 SqFt (source: MLS/tax record).
This home is located at 73 Partridge Rd in Matawan, NJ and zip code 07747. This 5,017 square foot home sits on a 1.14 acre lot. Features: 14 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $2,000,000.
In August 2024 more than 23 listings in Matawan, NJ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below. In August 2024 in Matawan, NJ there were 0.8% more homes for sale than in July 2024. The median list price of listings available in August 2024 was $511,000, while the average time on the real estate market was 23 days.
From Rocket Homes Real Estate and based on county public records data.