701 Monmouth Road Chesterfield, NJ 08515

Features

• Price/sqft: $195
• Lot Size: 12872 sq. ft.
• Total Units: 2
• Total Rooms: 7
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 2

Facts

• Year Built: 01/01/1910
• Property ID: 887782533
• MLS Number: 592066
• Parcel Number: 07-01102-0000-00013-03
• Property Type: Multi-family (2-4 units)
• County: BURLINGTON
• Legal Description: ADDITIONAL LOTS: 2 RENTAL UNITS
• Zoning: V3
• Listing Status: Active

Pre-Foreclosure Info

• Date Defaulted Lien: 06/04/2024
• Recording Date: 06/04/2024
• Recording Year: 2024

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Discover the potential of this newly listed multi-family property, nestled in the heart of Crosswicks, NJ. This unique duplex, partially under renovation, includes a three-bedroom unit and a two-bedroom unit, each boasting a bathroom and separate gas and electric meters to ease management. Currently, the three-bedroom unit generates $1,400 in rental income but has the potential to fetch up to $2,500 monthly in the prevailing market. Spanning 2,400 square feet, the residence sits on a generously sized lot, promising ample outdoor space for relaxation or gatherings. Residents will enjoy the convenience of dedicated parking spaces, enhancing the appeal for potential renters. Situated near top-rated Northern Burlington County Regional High School and just a short drive from essentials at New Egypt Marketplace, this location effortlessly blends suburban tranquility with accessibility. Green Acres Park and efficient public transportation of E Main St at Fort Dix St bus station are also within easy reach, adding to the lifestyle benefits. Ideal for investors seeking to capitalize on rental income opportunities or multi-generational families looking for a versatile living arrangement. This property is a prime choice that combines convenience, potential, and a welcoming neighborhood vibe.