97 Oregon Ave Ewing Township, NJ 08638
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 97 Oregon Ave
- Property type
- Residential income homes
- Property subtype
- Dormitories
Description
This exceptional value-add investment opportunity presents a two-unit multifamily property located at 97 Oregon Ave, Ewing Township, NJ 08638. The property, classified as Class A, boasts a compelling 15% cap rate and is currently vacant, presenting immediate potential for rental income. Each of the two units offers four bedrooms and two bathrooms, totaling eight bedrooms across the property. The building itself is a two-story structure, and has recently undergone significant renovations. These improvements include a brand-new roof and siding, along with completely updated plumbing and electrical systems. Situated in the desirable Braeburn Heights neighborhood, this property benefits from convenient access to shopping, major highways, and proximity to both The College of New Jersey and Rider University, making it an ideal investment for targeting student renters or the broader rental market. The asking price is $525,000, representing a price per unit of $262,500. This property is offered for sale by owner. This is a rare opportunity to acquire a well-located, renovated multifamily property with significant upside potential. The property's strong fundamentals and strategic location make it a compelling investment for both seasoned and new investors. A video tour is available online.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ewing Township
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.776245068325
- Latitude
- 40.260064879564
