REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Dec

Tue

Dec

Wed

Dec

James Balletto

balletto.j@gmail.com +1(609) 349-2987

$ 3,400,000

Est. payment | -/mo

10,705 SqFt

Save Virtual Tour

$ 3,400,000

Est. payment | -/mo

Save Virtual Tour

10,705 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 10,705 sqft

Price per Sqft $317

MLS Listing ID NJHT2003344

Originating Board BRIGHT

Year Built 2015

Annual Tax Amount $30,310

Tax Year 2022

Lot Size 2.010 Acres

Acres 2.01

Property Description

Exceptional Investment Opportunity! This well-maintained apartment building, built in 2015, sits on approximately 2 acres and features 13 thoughtfully designed apartments (12 in the Main Building and 1 in the Carriage House). With a mix of 6 one-bedroom and 6 two-bedroom units. Crafted with quality materials, including maple wood floors, Anderson windows, and Corian countertops, providing modern living spaces. Designed as a green building, it offers a low carbon footprint, benefiting both the environment and tenant costs. Each unit features a kitchen, living room, full bath with some units having private balconies or porches. The 9-foot ceilings create an airy feel, while carpeted hallways and double sheetrock walls enhance sound control. Four units are handicapped accessible, promoting inclusivity for all residents. The building includes an alarm and fire sprinkler system, along with a Swiftkey lock system for added security. A 2590-gallon water tank in the basement ensures fire prevention. Enjoy ample off-street parking, a coin-operated laundry area in the basement, and Wi-Fi throughout. Additionally, 2 EV car chargers support electric vehicle use. Located in a scenic rural area, this property offers tranquility while being commutable to Princeton, Flemington, and Lambertville. This property generates over $291,000 in gross rental income annually. A dedicated property manager ensures a well-maintained and thriving space. Don't miss this investment opportunity!

Location

State NJ

County Hunterdon

Area East Amwell Twp (21008)

Zoning VAL

Interior

Hot Water Instant Hot Water

Heating Baseboard - Electric, Wall Unit

Cooling Ductless/Mini-Split

Flooring Ceramic Tile, Hardwood

Inclusions All Appliances in the apartment units. The large Generator. All equipment necessary to maintenance the apartment building

Heat Source Electric

Exterior

Garage Spaces 20.0

Utilities Available Electric Available, Sewer Available, Cable TV, Water Available

Water Access N

View Trees/Woods

Roof Type Flat,Rubber

Accessibility Doors - Lever Handle(s), 2+ Access Exits

Total Parking Spaces 20

Garage N

Building

Lot Description Rural

Sewer On Site Septic

Water Well

New Construction N

Schools

Elementary Schools East Amwell Township School

Middle Schools East Amwell Township School

High Schools Hunterdon Central

School District East Amwell Township Public Schools

Others

Tax ID 08-00034-00037

Ownership Fee Simple

SqFt Source Estimated

Security Features Fire Detection System,Main Entrance Lock,Smoke Detector,Sprinkler System - Indoor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Listed by Joseph W Plotnick • Weichert Realtors - Princeton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 349-2987

balletto.j@gmail.com

12 Terry Drive Suite 204, Newtown, Pennsylvania, 18940, United States

2 LINDBERGH Ringoes, NJ 08551

James Balletto

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

2 LINDBERGH