Triplex with Vacant
16 Musconetcong River Rd, Hampton, NJ 08827
For Sale
$489,999
Three residential units include one vacancy, leaving room for an owner occupant or a new tenant.
Property Size2,274 SF
Price / SF$215.48
Days on Market35
Property Features for 16 Musconetcong River Rd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Utilities to Site
Multifamily Units
Tenant in Place
Building Details
Building Size
Year Built
Units
Listing Agency:
Jack Pedersen Realty
(908) 755-8300
Listed By:
Ryan Curtis · License #1541179
(908) 922-1483
Source:
Arcadiarealtors
Added: Oct 6
Changed: Nov 4
Last Checked: Nov 9 at 3:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jack Pedersen Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,274-square-foot triplex in Lebanon Township dates to 1780 and contains three units. One unit is vacant, while the other two are occupied, allowing an owner to live in one unit or lease the available space. Rental income is also possible from the occupied units.
The roof was replaced in August 2026, and the septic system is approximately five years old.
The roof was replaced in August 2026, and the septic system is approximately five years old.
Key Highlights
- Three units, including one currently vacant
- 2,274 square feet
- Roof replaced in August 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,058
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,160
$761.2K
Cap Rate 7%
$543,686
$543.7K
Cap Rate 9%
$422,867
$422.9K
Market Conditions
NOI Build-Up for 2,274 SF
Gross rent
$58.1K $25.56/SF
− Vacancy
−$3.8K −$1.65/SF
EGI
$54.4K $23.91/SF
− OpEx
−$16.3K −$7.17/SF
NOI
$38.1K $16.74/SF
Area
Hunterdon County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$761,160
Cap Rate 7%
$543,686
Cap Rate 9%
$422,867
Alternative Uses
Best Use
Multifamily LT 5
$543.7K
$475.7K – $634.3K
NOI $38,058 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$499.6K
$437.1K – $582.8K
NOI $34,970 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$593.8K
$519.6K – $692.8K
NOI $41,565 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Explore this area
Business Placement
Demographics for 08827, NJ
4,531
Population
1,644
Households
2.8
Avg Household Size
46
Median Age
49%
College-Educated
96%
High-School Grad
18.1 sq mi
ZIP Area
250
Density / Sq Mi
$128,589
Median Household Income
$62,695
Median Earnings
$1,223
Median Rent
$428,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include one vacancy, leaving room for an owner occupant or a new tenant.
Where is this triplex located?
The property is located at 16 Musconetcong River Rd Hampton, NJ.
What is the asking price?
The asking price for this property is $489,999.
What are key features of this property?
This property features: Three units, including one currently vacant; 2,274 square feet; Roof replaced in August 2026
