Second-Floor One-Bedroom
For Sale
$195,000
Pending
56 GARDEN VIEW TERRACE, Hightstown, NJ 08520
Low-maintenance condo with a private balcony, community amenities, assigned parking, and association-covered utilities.
Property Size780 SF
Days on Market40
Property Features for 56 GARDEN VIEW TERRACE
General Information
Standard status
Pending
Size
780 SF
Property subtype
Apartment
Building Details
Year Built
1968
Listing Agency:
Keller Williams Premier
(609) 459-5100
Listed By:
Darlene Mayernik · License #9693312
(609) 605-7723
Source:
Cummingsrealtors
Added: Sep 18
Changed: Oct 26
Last Checked: Oct 26 at 2:52PM
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 Keller Williams Premier
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Investment Insights
Based on property information with market context.
This second-floor condominium at Windsor Regency offers 780 square feet with one bedroom and one full bathroom. The interior includes a spacious living room with luxury vinyl plank flooring, a separate dining area, and sliding glass doors leading to a private balcony. The kitchen provides gas cooking, cabinetry, counter space, and natural light from a window. The bedroom includes a walk-in closet, while the bathroom has a tub-and-shower combination and a wide vanity.
Community amenities include a swimming pool, clubhouse, playgrounds, and assigned parking. The association fee covers gas, water, and trash. Built in 1968, the property is located in East Windsor Township near shopping, dining, daily conveniences, and major roadways.
Community amenities include a swimming pool, clubhouse, playgrounds, and assigned parking. The association fee covers gas, water, and trash. Built in 1968, the property is located in East Windsor Township near shopping, dining, daily conveniences, and major roadways.
Key Highlights
- 780‑square‑foot second‑floor condo with 1 bedroom and 1 full bathroom
- Private balcony accessed from the dining area
- Kitchen with gas cooking, cabinetry, counter space, and a window
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,905
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,100
$238.1K
Cap Rate 7%
$170,071
$170.1K
Cap Rate 9%
$132,278
$132.3K
Market Conditions
NOI Build-Up for 780 SF
Gross rent
$23.4K $30.00/SF
− Vacancy
−$1.8K −$2.25/SF
EGI
$21.6K $27.75/SF
− OpEx
−$9.7K −$12.49/SF
NOI
$11.9K $15.26/SF
Area
Mercer County, NJ
Vacancy
7.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,100
Cap Rate 7%
$170,071
Cap Rate 9%
$132,278
Alternative Uses
Best Use
Apartment 5plus
$170.1K
$148.8K – $198.4K
NOI $11,905 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$251.0K
$219.6K – $292.8K
NOI $17,567 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 08520, NJ
29,291
Population
11,271
Households
2.6
Avg Household Size
40
Median Age
46%
College-Educated
92%
High-School Grad
18.0 sq mi
ZIP Area
1,627
Density / Sq Mi
$116,282
Median Household Income
$52,890
Median Earnings
$1,556
Median Rent
$361,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Low-maintenance condo with a private balcony, community amenities, assigned parking, and association-covered utilities.
Where is this residential income property located?
The property is located at 56 GARDEN VIEW TERRACE Hightstown, NJ.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 780‑square‑foot second‑floor condo with 1 bedroom and 1 full bathroom; Private balcony accessed from the dining area; Kitchen with gas cooking, cabinetry, counter space, and a window
