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313 Grand Ave Hackettstown, NJ 07840

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For Sale
$579,900

Multi-unit home with solid cash flow in desirable location.

Lot size:
0.17 Acres

Property Features for 313 Grand Ave

General Information

Property type
Multi Family
Standard status
Active
Lot size
0.17 Acres

Building Details

Year built
1910

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Listing Contact
Ashley Young
Source: Elliman

Listing Agency: REDFIN CORPORATION Listing Agent: Ashley Young

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Income Property in Historic District

This multi-unit home presents an opportunity to own an income-producing property located in the heart of the historical district and college area. The property offers solid cash flow and practical management features. The monthly rent and garage income currently totals $53,000 per year. Tenants are responsible for all utilities. The exterior features a large open porch, low-maintenance vinyl siding, and a generous corner lot with ample yard space. An oversized two-car garage provides additional income. The property is situated in a desirable historic district near the college scene, which supports strong rental demand and stable long-term appreciation. The interior includes wood floors in the living areas, plus public water and public sewer. Each unit has separate utilities. The second and third-floor unit configuration offers four bedrooms, while the first-floor unit contains two bedrooms. This property blends historic charm with modern practicality, delivering steady income and easy upkeep.
Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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  • Local Demand
City
Hackettstown
County
Warren
State
New Jersey
Longitude
-74.8322885
Latitude
40.8515515

FAQs

What type of property is this?
Multifamily property - Multi-unit home with solid cash flow in desirable location.
Where is this multifamily property located?
The property is located at 313 Grand Ave Hackettstown, NJ.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: - High income-producing property with $53,000/year in rent and garage income.; - Located in a desirable historic district and college area, ensuring strong rental demand and long-term appreciation.; - Tenants pay all utilities, resulting in a predictable operating budget and low owner maintenance.
More about this property
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