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262 County Road 519

STOCKTON, NJ 08559
  • $495,000
  • STATUS: Active Under Contract
  • ON SITE: 64 Days
  • ID#: NJHT2003472
Under Contract
UPDATED: 30 min ago
$495,000
  • 0
    BEDS
  • 0.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,604
    SQFT
  • $190
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

School District:

Description

Prime Commercial Investment OpportunityUnlock the potential of this versatile 4-unit commercial property in a prime location! Built in 1900, this 2-story, 2,604 sq. ft. building sits on a generous 0.54-acre lot (23,522 sq. ft.) and is perfect for investors seeking steady income and future growth. Currently fully rented, so only showings for serious investors. This is an estate sale, and executor is not interested in being a landlord. Rents are low for the area. All units are 1 bed. Landlord pays for heat, 2024 oil bill was $2030, 2023 oil was $1885. All units individually metered for electric. Property Insurance $5393/yr. Trash and recycling paid monthly at $321/mo. Water tested and passed November 2024.Current Rental Income

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©2025 Bright MLS, 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-12T08:51:03.333.
www.nesbitt.realestate/homes/158596567
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262 County Road 519 STOCKTON, NJ 08559

  • Price: $495,000
  • Status: Active Under Contract
  • On Site: 64 Days
  • Updated: 30 min ago
  • ID#: NJHT2003472
0
Beds
0
Baths
0
½ Baths
0.54
Acres
2,604
SQFT
$190
$/SQFT
1900
Built
Neighborhood:
Kingwood Twp (21016)
County:
Hunterdon
Area:
Kingwood Twp (21016)
School District:
South Hunterdon Regional
Property Description
Prime Commercial Investment OpportunityUnlock the potential of this versatile 4-unit commercial property in a prime location! Built in 1900, this 2-story, 2,604 sq. ft. building sits on a generous 0.54-acre lot (23,522 sq. ft.) and is perfect for investors seeking steady income and future growth. Currently fully rented, so only showings for serious investors. This is an estate sale, and executor is not interested in being a landlord. Rents are low for the area. All units are 1 bed. Landlord pays for heat, 2024 oil bill was $2030, 2023 oil was $1885. All units individually metered for electric. Property Insurance $5393/yr. Trash and recycling paid monthly at $321/mo. Water tested and passed November 2024.Current Rental Income
Exterior Features

Architectural Style Other Construction Materials Frame Garage YN No Parking Types Driveway Pool No Pool Property Condition Average Roof AsphaltShingle Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2604 Basement Dirt FloorSump Pump Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Exclusions Tenants personal property Fireplace YN No Heating Baseboard - Hot Water Heating YN Yes Single Room Units 4 Three Bedroom Units 0 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventionalFHA Accessibility Features None Central Air YN No Cooling Fuel Electric Existing Lease Type Yearly Foundation Details Block Gross Income 46620.00 Heating Fuel Oil Hot Water Electric Insurance Expense 5393.00 Maintenance Expense 3496.00 Municipality KINGWOOD TWP Navigable Water YN N Net Operating Income 23560.00 New Construction YN No Number Of Units Leased 4 Number Of Units Total 4 Number Of Units Vacant 0 Operating Expense 23059.00 Operating Expense Includes InsuranceTrash Original MLSNumber 803520108676 Owner Pays HeatInsuranceRepairsReserves for ReplacementTaxes - Personal propertyTrash CollectionWater Ownership Interest Fee Simple Property Sub Type Quadruplex Rent Control YN No Sale Type Standard Sewer Septic Exists Structure Design Type Detached Tax Annual Amount 7288.00 Tax Lot 00001 Total Actual Rent 46620.00 Trash Expense 3852.00 Utilities PropaneElectric Available Vacation Rental YN No Water Source Well Zoning AR-2

Listing courtesy of ERA Central Realty Group - Bordentown: .


©2025 Bright MLS, 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. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Nesbitt Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-12T08:51:03.333.
 
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