$10,000

closing credit¹

427 E Central Ave Alpha Boro, NJ 08865

$999,900
8 beds
5 full
0.2 acres
Multi-Family

Property details

About 427 E Central Ave

Discover an EXCEPTIONAL INVESTMENT OPPORTUNITY with this Beautifully Newly 2024 REMODELED 5-unit MULTI-FAMILY APARTMENT BUILDING. Ideally situated in DESIRABLE Alpha Boro, this apartment building features 3- 1 Bedroom, 1- 2 Bedroom and 1- 3 Bedroom apartments. With Modern Upgrades throughout, the building boasts a BRAND NEW ROOF, NEW WATER HEATERS, NEW carpet and LVP, updated baths, FRESH PAINT and contemporary kitchens complete with NEW CABINETS, COUNTERTOPS, and STAINLESS-STEEL APPLIANCES. The exterior shines with NEW VINYL SIDING, shutters, and a freshly painted block facade. Enjoy the benefits of a newly installed PAVER PATIO and a stone off-street PARKING LOT, providing ample parking for residents. Each apartment has its OWN ENTRANCE, ensuring privacy and independence. Separate electric meters make for easy management. Utilize the basement for additional storage or coin laundry to maximize profits! This TURNKEY investment property is ready for market-rate tenants, offering a hassle-free opportunity to capitalize on the thriving rental market. Don't miss out on this remarkable property that combines modern living with exceptional curb appeal! Certificate of Occupancy has been completed! Currently 40% occupied.

Highlights

Home typeMulti Family
HeatingBaseboard, Electric
StatusActive
CoolingCeiling Fan(s)
BasementYes
Lot size0.22 Acres
Year built1880
ParkingGravel, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive
MLS #3931051

Summary

  • MLS Number: 3931051
  • Office Name: KELLER WILLIAMS REAL ESTATE
  • Office Phone: (610) 867-8888

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Last updated on: 1/24/2025, 7:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home

$999,900

427 E Central Ave

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

5

Greenwich Elementary School

Public District PK-5

2.0 mi

101 Wyndham Farm Blvd

4

Phillipsburg Elementary School

Public District 3-5

2.3 mi

525 Warren St

6

Lopatcong Elementary School

Public District PK-4

2.6 mi

263 Route 57

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $78,646. The most common annual income of people living in Alpha Boro, NJ is between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

18%
<35k
53%
35k-100k
26%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
9%
Single, with Kids
31%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • ArbysArbys
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • BuickBuick

What do the neighbors listen to?

  • CountryCountry
  • Adult HitsAdult Hits
  • New CountryNew Country
All data provided by Home Junction and Claritas

This home is located at 427 E Central Ave in Alpha Boro, NJ and zip code 08865. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $999,900.

From Rocket Homes Real Estate and based on county public records data.

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