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1100 Route 28

Branchburg Twp., NJ 08876
  • $775,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 3821973
$775,000
  • 5
    BEDS
  • 1.18
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 99,999
    SQFT
  • $8
    $/SQFT
Type:
Multi-Family
County:

School Ratings & Info

Description

INVESTMENT & DEVELOPMENT OPPORTUNITY in Branchburg NJ! This is a great opportunity to acquire two occupied income generating properties renovated in 2018 generating over $60K+ per year. Approved plans are available once proof of funding has been received and permits are available after an offer has been accepted for a 3 lot subdivision. On the 3rd lot there are approvals for a 9 unit affordable housing 3 floor apartment building. The city is offering a $225k grant upon completion of the building and a Certificate Of Occupancy. White Multifamily rented for $3150 pcm and the blue house in vacant. Close to all modes of transportation, Raritan Valley College, Bridgewater Mall and interstate 287/78.

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-26T23:46:15.66.
www.srrealestategroup.com/homes/135543517
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1100 Route 28 Branchburg Twp., NJ 08876

  • Price: $775,000
  • Status: Active
  • On Site: 36 Days
  • MLS #: 3821973
5
Beds
3
Baths
0
½ Baths
1.18
Acres
99,999
SQFT
$8
$/SQFT
County:
Somerset
Area:
Branchburg Twp.
Property Description
INVESTMENT & DEVELOPMENT OPPORTUNITY in Branchburg NJ! This is a great opportunity to acquire two occupied income generating properties renovated in 2018 generating over $60K+ per year. Approved plans are available once proof of funding has been received and permits are available after an offer has been accepted for a 3 lot subdivision. On the 3rd lot there are approvals for a 9 unit affordable housing 3 floor apartment building. The city is offering a $225k grant upon completion of the building and a Certificate Of Occupancy. White Multifamily rented for $3150 pcm and the blue house in vacant. Close to all modes of transportation, Raritan Valley College, Bridgewater Mall and interstate 287/78.
Exterior Features

Approximate Lot Size 1.18 AC Color Of Building White/Blue Exterior Description Wood Lot Description Open Lot Number Of Parking Spaces 0 Parking Driveway Description See Remarks Roof Description Asphalt Shingle

Interior Features

Basement No Cooling Ceiling FanWall A/C Unit(S) Heating 1 UnitForced Hot Air Interior Features Carbon Monoxide DetectorFire ExtinguisherSee Remarks Total Number Of Rooms 11 Unit1 Appliances Equipment Carbon Monoxide DetectorDryerKitchen Exhaust FanMicrowave OvenRange/Oven - GasRefrigeratorSmoke DetectorWasher Unit1 Baths 2.0 Unit1 Bedrooms 4 Unit1 Fireplaces 1 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 7 Unit1 Security Deposit 9999 Unit1 Sq Ft 9999 Unit2 Appliances Equipment Carbon Monoxide DetectorDryerMicrowave OvenRange/Oven - GasRefrigeratorSmoke DetectorWasher Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 4 Unit2 Sq Ft 9999

Property Features

Assessment Total 438400 Building Assessment 153400 Easement Unknown Exclusions Occupiers Items Expenses Include See Remarks Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 99999 Home Warranty No Land Assessment 285000 Net Operating Income 99999 Renovated Year 2018 Services Cable Tv Available Sewer Public Sewer Tax Amount 8210 Tax Rate Amount 2.114 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 99999 Unit Style 2-Two StorySee Remarks Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 9999 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 9999 Unit2 Security Deposit 9999 Utilities All Underground Water Public Water Water Heater Gas

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 908-664-1500.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-26T23:46:15.66.
 
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Christie's International Real Estate Group
47 Maple Street
Summit NJ, 07901