$689,000

River Rd – Hillsborough, NJ

Type: 
Multi

ZESTIMATE: $718,500

REDFIN: $701,041

Discover this 4,081 sqft renovated triplex combining historical charm with modern amenities. Spanning under 2 acres, this property includes three units with hardwood floors, walk-in closets, private laundry, stainless steel appliances, and new windows.

  • Unit 1: 3 bedroom, 2 bathroom (Lease recently renewed at $2650/month)
  • Unit 2: 2 bedroom, 2 bathroom (Lease recently renewed at $2200/month)
  • Unit 3: 2 bedroom, 1 bathroom (Lease up for renewal in August at $1900/month)

This property also includes an outdoor space with a large front porch and a back deck and patio area, offering tenants additional space. A unique feature of this property is the value-add carriage house in the rear, complete with gas and electric hookups, providing potential for further income. The property also offers a detached garage, previously leased at $100 per month, along with recently installed roof and boiler. With its compelling array of features and income potential, this property is an exceptional opportunity for the astute investor. 

  • Interior: 4,081 sqft
  • Three updated units
  • Lot Size: 1.93 acres (84,070.8 sqft)
  • Potential Value Add: Detached structure with gas and electric hookups
  • Detached Garage generating $100/month
  • Year Built: 1919
  • Zoning: CR (Central Residential)
  • Newly installed Roof and Boiler
  • Year Built: 1919
  • Annual Property Taxes: $9,655.49
  • Base Flood Elevations Determined

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