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    2 Lindbergh Rd Ringoes, NJ 08551

    For Sale
    $3,400,000

    13-Unit Apartment Building, High ROI

    Property size:
    10,705 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    Exceptional investment opportunity in Ringoes, NJ! This meticulously maintained, 10,705 square foot multi-family property, constructed in 2015, sits on a 2.01-acre lot. The building comprises 13 thoughtfully designed apartments: 12 in the main building and 1 in a separate carriage house. The unit mix includes six one-bedroom and six two-bedroom apartments, offering a diverse rental portfolio. High-quality finishes throughout include maple wood floors, Anderson windows, and Corian countertops. Designed with sustainability in mind, the building boasts a low carbon footprint, resulting in reduced operating costs. Each unit features a kitchen, living room, and full bath

    Property Features for 2 Lindbergh Rd

    General Information

    Property type
    Residential income properties
    Square Feet
    10,705 SF
    Lot Size
    87,556 SF

    Building Details

    Year Built
    2015
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nadine Heitz Psychologist Historic Wertsville Historical Landmark

    Suggested Use

    Spa & Massage Auto Repair Shop Skin Care Clinic Kitchen & Bath Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ringoes
    County
    Hunterdon
    State
    New Jersey
    Longitude
    -74.79791
    Latitude
    40.44952

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    FAQs

    What type of property is this?
    Residential income property - 13-Unit Apartment Building, High ROI
    Where is this residential income property located?
    The property is located at 2 Lindbergh Rd Ringoes, NJ.
    What is the asking price?
    The asking price for this property is $3,400,000.
    (609) 921-1900
    Request Owner's contact information
    2 Lindbergh Rd Ringoes, NJ 08551
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    Ringoes, NJ 08551
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Lindbergh Rd Ringoes, NJ 08551
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