$ 460,000 $ 464,900 1.1%

2329 Zion Rd

Northfield, NJ 08225

  • 2 Beds
  • 4 Baths
    Full Baths: 4
  • 1922 Year Built
RARE TRI-PLEX BEING OFFERED IN NORTHFIELD. NJ! CITY WATER - CITY SEWER - NATURAL GAS. Ready to add three more doors to your ever growing rental portfolio in a highly sought after area, highly sought after school district of South Jersey? Need a solid 1031 exchange property? If I could start all over I would "HOUSE HACK" this one! 3.5% down and start your investing journey! Live in one unit and rent the other two units, covering your mortgage, paying down your loan, and still cash flowing! CASH FLOW = FREEDOM! Rents gross $47,700 annually with plenty of room to VALUE ADD with LONG TERM TENANTS. All units have separate electric and separate gas meters. Unit # 1 is a first floor, large efficiency apartment, full bathroom, spacious kitchen, with stackable washer/dryer, and basement access storage. Unit # 2 is a beautifully kept second floor unit with one bedroom, one full bathroom, kitchen, living room, stackable washer and dryer. Unit # 3 is located at the rear of the building and offers two bedrooms, two full bathrooms, kitchen, and living room. The two car garage is rented out separately providing four streams of income. All three units have updated lead based paint certifications. Most rent updates include new gutters, new rear deck and stairs on unit # 3. Whether you are a seasoned real estate investor or finally ready to make the jump, this is solid start! Welcome to your next investment property on Zion Road!
Listed by COLLINI REAL ESTATE, LLC

PROPERTY DETAIL

  • Key Details

    Sold Price $460,0001.1%

    Property Type Multi-Family

    Sub Type Triplex

    Listing Status Sold

    Purchase Type For Sale

    MLS Listing ID 589332

    Sold Date 10/28/24

    Bedrooms 2

    Full Baths 4

    Year Built 1922

    Annual Tax Amount $8,082

    Tax Year 2024

    Property Sub-Type Triplex

  • Location

    State NJ

    County Atlantic

    Community Northfield

    Area Northfield City

  • Rooms

    Basement Unfinished

  • Building

    Sewer Public Sewer

    Water Public

  • Interior

    Heating Baseboard, Gas-Natural, Hot Water

  • Exterior

    Exterior Feature Vinyl

    Parking Features Attached Garage, Two Car

  • Others

    Senior Community No

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