$545,000
↑ $46K (9.1%)
●
Multifamily -
For Sale
20 W 2ND AVE
RUNNEMEDE, NJ 08078
Studio
0 Bath
$2,677
Estimated Monthly
$0
HOA / Fees
About This Property
INCREDIBLE MULTIFAMILY OPPORTUNITY - x7 Fully Occupied 1
Bedroom/1 Bathroom Units!!! Overflowing with potential to add
value by billing back utilities increasing to market rents. Seller
passed New Jersey DCA hotel & multiple dwellings inspection less
than a year ago! Cycles generally last 5 years, so the property
should not require re-inspection for some time. Shared
coin-operated laundry in basement & private parking with paved
driveway! Unit 1 is currently being rented for $950/mo thru
3/31/25. Unit 2 is currently being rented for $771/mo on a month to
month lease. Unit 3 is currently being rented for $975/mo thru
8/31/24. Unit 4 is currently being rented for $903/mo on a month to
month lease. Unit 5 is currently being rented for $1,013/mo on a
month to month lease. Unit 6 is currently being rented for
$1,050/mo thru 2/28/25. Unit 7 is currently being rented for
$880/mo thru 3/31/24. Schedule a tour TODAY - you won't want
to miss this opportunity!
Unit Size
-
Days on Market
34 days
Land Size
0.17 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$663
HOA Dues
-
Year Built
1930
Listed By
Last updated: 14 days ago (Bright MLS #NJCD2064862)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2024 | Price Increased |
$545,000
↑ $46K
(9.1%)
|
|
| Price Increased | |||
| Mar 26, 2024 | Listed by Keller Williams - Main Street | $499,500 | |
| Listed by Keller Williams - Main Street | |||
Property Highlights
Parking Details
Parking Features: Driveway
Interior Details
Interior Information
Living Area Square Feet Source: Estimated
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Foundation Details: Brick/Mortar
Other Structures: Above Grade
Structure Type: Detached
Construction Materials: Brick
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Source: Estimated
Land Information
Land Assessed Value: $88,000
Financial Details
Tax Assessed Value: $88,000
Tax Year: 2002
Tax Annual Amount: $7,951
Utilities Details
Cooling Type: None
Heating Type: Baseboard - Electric
Cooling Fuel: None
Heating Fuel: Electric
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
20 W 2ND AVE
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
Stu
-
2,315 ft²
$186/ft²
$430,000
Jan 12, 2024
$430,000
Feb 20, 2024
-
House
4
Beds
3
Baths
2,221 ft²
$189/ft²
$420,000
Nov 1, 2021
$420,000
May 27, 2022
-
Sold
House
6
Beds
3
Baths
2,992 ft²
$139/ft²
$415,000
May 25, 2022
$415,000
Jul 29, 2022
-
Sold
House
4
Beds
3
Baths
3,456 ft²
$114/ft²
$393,000
Nov 1, 2023
$393,000
Dec 22, 2023
-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Runnemede
Similar Homes for Sale
Nearby Rentals
Listed by: Patrick Gorman
Keller Williams - Main Street
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJCD2064862
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 2024 Bright MLS, Inc.
Keller Williams - Main Street
Last Updated: 11 hours ago
Data Source: Bright MLS , MLS# NJCD2064862
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
