$10,000
closing credit¹
31-53 Arch St High Bridge Boro, NJ 08829
Property details
About 31-53 Arch St
An exceptionally rare investment opportunity in Hunterdon County consists of three residential buildings, each with four units, housing a total of 12 apartments. These well-maintained apartment buildings sit on 2.8 picturesque acres in High Bridge. Currently netting approx. $140k in annual income with the potential for even more, it represents a solid investment with a steady cash flow, long-term tenants, and some below-market rate rentals for an exceptional opportunity. All units have spacious living rooms, expansive and updated eat-in kitchens, full updated baths and a laundry in each unit. Ten units have two bedrooms and two units offer three bedrooms. Four units have full basements. Located in a scenic rural area, the units also offer decks and/or patios and front porches for warm weather enjoyment. Each unit has two spaces for off-street parking, public water and sewer. This central location is minutes to train and bus stations as well as Routes 78, 22 and 31 for commuters. The area also provides a variety of local dining, shopping, recreational activities and top-rated schools, enhancing this unique investment opportunity. Also see Commercial MLS# 3932187
Highlights
Summary
- MLS Number: 3932192
- Office Name: TURPIN REAL ESTATE, INC.
- Office Phone: (908) 319-4144
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$2,400,000
31-53 Arch St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
High Bridge Elementary School
Public District PK-5
0.7 mi
•40 Fairview Ave
6
Lebanon Borough School
Public District PK-6
3.4 mi
•6 Maple St
7
Round Valley Elementary School
Public District 4-6
3.5 mi
•128 Cokesbury Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $113,578. Typical income of High Bridge Boro, NJ residents is between $100k-200k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Extreme Sports
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Panera
Cracker Barrel
Little Caesars
What do the neighbors drive?
Infiniti
Lexus
Chevrolet
What do the neighbors listen to?
Adult Hits
Oldies
Country
This home is located at 31-53 Arch St in High Bridge Boro, NJ and zip code 08829. Features: 26 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since November 1, 2024 and is currently priced at $2,400,000.