Mercer
32 W UPPER FERRY RD
$400,000
●
House -
Off Market
32 W UPPER FERRY RD
EWING, NJ 08628
4 Beds
2 Baths,
1
Half Bath
1,792 Ft²
$390,654
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Beautifully updated 1800+ square foot home! Currently a commercial
property but this home can be brought back to a residential home.
Wrap around front porch is just the beginning of this stunning
home. First floor offers 1 bedroom and 1/2 bath, living room and
dining room. 2nd floor offers 3 bedrooms and a full bath. New tile
floor in kitchen, foyer bamboo flooring in living room, dining
room, hall; refinished oak hardwood floor in first floor bedroom.
Windows replaced in 2015; new roof in 2013. Full basement, 2 car
garage and a driveway that can accommodate many more. Sellers
originally purchased this as a residential home, then converted to
a commercial property. SELLER IS WILLING TO GO TO ZONING BOARD AND
HAVE SWITCHED BACK TO A RESIDENTIAL HOME.
Update: Repairs and renovations to garage have been completed - all new windows, new side door, and back side of garage repaired and siding replaced.
Update: Repairs and renovations to garage have been completed - all new windows, new side door, and back side of garage repaired and siding replaced.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$218
Property Type
House
Property Taxes
$660
HOA Dues
-
Year Built
1895
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Cap Rate
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: 4 years ago (Bright MLS #NJME2025360)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| May 20, 2023 | No longer available | - | |
| No longer available | |||
| May 5, 2023 | In contract | - | |
| In contract | |||
| Dec 22, 2022 | Listed by Avallon Real Estate Group | $390,000 | |
| Listed by Avallon Real Estate Group | |||
| Dec 2, 2022 | No longer available | - | |
| No longer available | |||
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Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Mercer
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Listed by: Christopher Avallon
Avallon Real Estate Group
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# NJME2025360
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.
Avallon Real Estate Group
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# NJME2025360
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017