$899,000
●
House -
In Contract
33 ALLENS ROAD
HIGHTSTOWN, NJ 08520
15 Beds
7 Baths
6,789 Ft²
$5,577
Est. Monthly
About This Property
INVESTMENT OPPORTUNITY KNOCKS!! Four Buildings with massive Rental
Income on 6.5 acres being sold AS IS, WHERE IS. The buyer is
responsible for the Township CCO / Smoke Certificate.
Income-generating apartments and garages are spread among the four
buildings. the property is supported by Well water and two septic
systems, which are also being sold AS IS. Offering versatility and
significant income potential, this property is truly a rare find.
Nestled on a tranquil country road, yet conveniently located near
major roads, transportation hubs, and shopping centers, it combines
the best of serene living and accessibility. Great Opportunity!
Unit Size
6,789 Ft²
Days on Market
-
Land Size
6.00 acres
Price per sqft
$132
Property Type
House
Property Taxes
$1,163
HOA Dues
-
Year Built
1900
Listed By
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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: 10 days ago (Bright MLS #NJME2080300)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Listed by Real Broker, LLC- Fairfield | $899,000 | |
| Listed by Real Broker, LLC- Fairfield | |||
   | |||
|
INVESTMENT OPPORTUNITY KNOCKS!! Four Buildings being sold AS IS, WHERE IS. The buyer is responsible for the Township CCO / Smoke Certificate. Well water and two septic systems, which are also being sold AS IS. Nestled on a tranquil country road, yet conveniently located near major roads, transportation hubs, and shopping centers, it combines the best of serene living and accessibility.
| |||
| Jul 8, 2026 | Listed by Real Broker, LLC | $899,000 | |
| Listed by Real Broker, LLC | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Aug 31, 2025 | Listed | $1,495,000 | |
| Listed | |||
| | |||
|
INVESTMENT OPPORTUNITY KNOCKS!! Massive Rental Income from this Unique property - 7 Apartment plus 7 Garages all on 6.5 acres. Some garages are leased for additional $750 per garage. Discover an exceptional investment opportunity with this expansive 6.25-acre property featuring 7 income-generating apartments and 7 garages, either rented or available for personal use. The property is well-supported by two wells and three septic systems and has been meticulously renovated and maintained in recent years. Offering versatility and significant income potential, this property is truly a rare find. Nestled on a tranquil country road, yet conveniently located near major roads, transportation hubs, and shopping centers, it combines the best of serene living and accessibility. Great Opportunity!
| |||
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Property Highlights
Garage
Parking Details
Has Open Parking
Parking Features: Circular Driveway, Other
Interior Details
Full Bathrooms: 7
Interior Features: Eat-in Kitchen
Basement: Other
Exterior Details
Square Footage: 6789
Square Footage Source: $0
Architectural Style: Colonial
Year Built Source: Estimated
Year Built: 1900
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Wood Siding
Lot Size Area: 272686
Lot Size Units: Square Feet
Lot Size Acres: 6
Lot Size Square Feet: 272686
Tax Lot: 00003
Water Source: Well
Financial Details
Tax Assessed Value: $400,000
Tax Annual Amount: $13,952
Utilities Details
Cooling Type: None
Heating Type: Other
Sewer : On Site Septic
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Mercer
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Listed by: John C Natale
Real Broker, LLC
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# NJME2080300
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.
Real Broker, LLC
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# NJME2080300
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