$360,000
●
House -
Off Market
141 OREGON AVE
EWING, NJ 08638
5 Beds
2 Baths,
1
Half Bath
1,118 Ft²
$363,642
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Amazing investment opportunity! Currently leased through
5/31/2024, this very well-maintained property has a solid 10-year
rental history. With hardwood floors throughout, the first
level offers a living room, dining room, kitchen, 3 large bedrooms,
and 1.5 baths. The finished basement is complete with a 41' x
10' common area, and 2 additional bedrooms - both approved,
with egress windows. This house is situated on a large lot in
a wonderful neighborhood within walking distance of The College of
New Jersey & convenient to both Rider University and MCCC.
Improvements include a newer roof, gutters, hot water heater,
HVAC, wall oven, washer/dryer, and a Liberty waterpowered back-up
sump pump. In addition, there is a hard-wired smoke and CO
alarm system connecting the basement and first floor. 2
storage sheds and all non-personal furnishings are included.
Did I forget to mention the very low taxes?! This is
definitely the one you have been waiting for!
Unit Size
1,118 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$326
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1960
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Bright MLS #NJME2032658)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Sep 20, 2023 | In contract | - | |
| In contract | |||
| Jul 22, 2023 | Listed by NextHome Essential Realty | $365,000 | |
| Listed by NextHome Essential Realty | |||
| Dec 13, 2013 | Sold | ||
| Sold | |||
| Jun 3, 2013 | Listed by Century 21 Advantage Gold-Southampton | $124,900 | |
| Listed by Century 21 Advantage Gold-Southampton | |||
| | |||
|
Fannie Mae offers this 3 BR/ 1.5 bath ranch on a lovely residential Street in Ewing. Great location w/ EZ access to I95, shops & parks. Walk to the beautiful campus of The College of New Jersey! Formal LR & DR w/hardwood floors, good size kitchen, 3 ample bedrooms & hall bath on main floor. Basement is finished and features a 1/2 bath, laundry & storage. Big fenced rear yard w/ shed for added storage. Selling As IS. This is property is eligible for Homepath Renovation Mortgage Financing. Purchase this home with as little as 5% down. Corporate addendums generated with accepted offer. Buyer responsible for paying all transfer tax and obtaining U & O. Settlement is contingent upon receipt of Sheriffs deed. It is strongly encouraged that an offer includes proof of funds, if cash offer, or pre-approval, if financing and is a requirement for sellers final acceptance. Go to w ww.HomePath.c om for financing info.
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Mercer
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Listed by: Jonathan Lamond
NextHome Essential Realty
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJME2032658
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
NextHome Essential Realty
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJME2032658
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