73 John Partridge Rd Matawan, NJ 07747
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 73 John Partridge Rd
- Year built
- 1945
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional 10-unit apartment building, situated on a sprawling 1.14-acre lot at 73 John Partridge Road in Old Bridge, New Jersey, presents a compelling investment opportunity. The property, built in 1945 and boasting a two-story design, offers a mix of one- and two-bedroom units, each featuring a full kitchen. Currently fully leased with stable tenants, this 5,016 square foot building provides immediate positive cash flow. Recent updates within the past 10 years enhance the property's appeal and value. The property benefits from a private driveway and attractive natural landscaping, a feature highly valued by current tenants. The R-40 zoning is grandfathered, offering potential for future development or rent increases. The property's strong occupancy and potential for increased rental income make it an attractive investment. Serious inquiries only. Showings are by appointment only. The asking price is $2,000,000. Located in Middlesex County, NJ, zip code 07747.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Matawan
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2789
- Latitude
- 40.4118
