1625 5TH STREET
About This Property
This 2-bedroom, 1-bath home is a prime opportunity for investors or builders. Whether you're planning a full renovation or a brand-new build, this property is ready for transformation. Architect plans are available for new construction, including the option to build a two-family home.
Situated in a well-established Ewing neighborhood, it offers easy access to major highways, schools, shopping, and public transit. The lot features two driveways and a private entrance on the right side of the house, enhancing both value and accessibility.
Whether you choose to restore the existing structure or start fresh, this is a rare chance to bring your vision to life in a promising location. With the right vision and some TLC, the possibilities are endless. Property is strictly sold as-is
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| Jun 22, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Price Decreased |
$145,000
↓ $24K
(14.2%) | |
| Price Decreased | |||
| Apr 13, 2026 | Price Decreased |
$169,000
↓ $2K
(0.9%) | |
| Price Decreased | |||
| Mar 24, 2026 | Listed by Radiance Realty & Associates | $170,500 | |
| Listed by Radiance Realty & Associates | |||
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Investor Special with Endless Potential!
Welcome to this 976 sq ft, 2-bedroom, 1-bath detached home located in Ewing Township. This property offers a fantastic opportunity for investors, builders, or buyers looking to customize their next rehab project.
Situated on a generous 6,080 sq ft lot, this home is a true blank canvas, whether you choose to rehab/ renovate the existing layout, expand, or explore a complete tear-down and new construction, the possibilities are plentiful.
Conveniently located on Fifth St, the property also features off-street parking and a detached structure, adding to its appeal and flexibility.
Buyer responsible for all due diligence regarding potential additions, zoning, and property use. Property is being sold strictly as-is. Buyer is responsible for obtaining all required certificates, including CO, permits, and any township requirements.
Don’t miss this opportunity to bring your vision to life—schedule your tour today! * Some photos are digitally stage to showcase unit's potential, **Submitted site plans available upon request
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017