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Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 7,232 sqft
Price per Sqft $117
MLS Listing ID NJHT106378
Sold Date 07/09/21
HOA Y/N N
Originating Board BRIGHT
Year Built 1878
Annual Tax Amount $26,789
Tax Year 2020
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 0.00 x 0.00
Property Description
Fantastic Frenchtown investment opportunity! Award winning renovation of the Worman Mill! Two major, contiguous, residential and retail properties, 9 Trenton Avenue, "Worman Mansion", and 15 Trenton Avenue, "Worman Mill", are in pristine condition, with excellent income potential.#9 Trenton Avenue, is a Victorian farmhouse, fully renovated and offers three charming residences ranging in size from 1 bedroom/1 bath, 2 bedrooms/2 baths, 3 bedrooms/2 baths. All have wonderful vintage details, beautiful wide plank floors, and lovely, groomed outdoor living spaces overlooking a winding brook. 2 and 3 bedroom units have washers/dryers and dishwashers.#15 Trenton Avenue, is a large renovated mill offering 3 spacious, light filled residences, ranging in size from 3 bedrooms/1 bath, 2 bedrooms/1 bath, 3 bedrooms/1.5 baths. These units have versatile open floor plans, beamed ceilings, sisal, tile and wood flooring, washers/dryers and dishwashers. The mill also boasts a large salon/retail space (Euphoria) on the street level, with great traffic exposure, plenty of parking and groomed outdoor living spaces. Total annual rental income $163,200. Please contact Laurie Madaus for detailed rental income/expenses.
Location
State NJ
County Hunterdon
Area Frenchtown Boro (21011)
Zoning R-4
Interior
Hot Water Natural Gas
Heating Forced Air, Hot Water, Radiator
Cooling Central A/C, Window Unit(s)
Flooring Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 5.0
Water Access N
Roof Type Pitched
Accessibility None
Total Parking Spaces 5
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Delaware Valley Regional Schools
Others
Tax ID 11-00052-00006, 11000520000401
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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