The auction for Hubzu property 50132968686 ends 12-08-2022 at 04:00 PM ET. Why wait? Bid on this property now. Visit Hubzu.com to get started. INVESTMENT & DEVELOPMENT OPPORTUNITY in Branchburg NJ! This is a great opportunity to acquire two occupied income generating properties renovated in 2018 generating over $60K+ per year. Approved plans are available once proof of funding has been received and permits are available after an offer has been accepted for a 3 lot subdivision. On the 3rd lot there are approvals for a 9 unit affordable housing 3 floor apartment building. The city is offering a $225k grant upon completion of the building and a Certificate Of Occupancy. White Multifamily rented for $3150 pcm and $2000 for the blue house. The tenant within the blue house is currently in the process of vacating.
Sold for $675,000 on 03/27/24
$675,000
1100-1104 Route 28, Somerville, NJ 08876
5beds
3baths
2,818sqft
MultiFamily
Built in 1825
-- sqft lot
$774,300 Zestimate®
$240/sqft
$3,012 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Cooling
- Central
Interior area
- Total interior livable area: 2,818 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 1.18 Acres
Details
- Parcel number: 0500007000000003
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1825
Community & neighborhood
Location
- Region: Somerville
Services availability
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Estimated market value
$774,300