Property profile

21 3rd St Frenchtown, NJ 08825

OFF-MARKET
Residential income homes
Property ID
US59-0568030
2,754 SF 0.24 ac lot Built 1885
Individually Owned 5-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1885
Construction FRAME
Total area 2,754 SF
Lot 0.24 ac (10,540 SF)
Zoning code R-2
APN 11 00033-0000-00007
UPID US59-0568030

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21 3rd St Frenchtown, NJ 08825-1140
Frenchtown metro Census 11500 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2021
Last sale
$463,000
1 recorded transaction
2021
$463,000

Zoning & alternative use

R-2 · Frenchtown, NJ
Zoning description

nvironmental performance standards. § 50-309 Conditional uses. § 50-310 Steep slope development. § 50-311 Tree removal and replacement. Article IV District Regulations § 50-401 R-1 Low-Density Residential Zone. § 50-402…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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