Listed By:
BHHS Fox & Roach - Princeton
Address
1617 Prospect Street, Ewing, NJ
Price
$ 425,000
Property Attributes
  • MLS#NJME2041884
  • TypePending
  • CountyMERCER
  • CityEwing
  • AreaEwing Twp
  • Zip08638
  • Style
  • Year Built1950
  • Taxes$ 4000
  • Price$ 425,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1382
  • Lot Size12,632 SqFt
Data Source:
Bright MLS
Property Description

Investors rejoice and Househackers rejoice. Even with higher interest rates, this property will cash-flow. This newly renovated multi-family unit boasts a 3 bed, 1 bath on one side and a 2 bed, 1 bath on the other (both with separate entrances). The 3 bed, 1 bath can be rented for $2300 and the two bed can be rented for $1700. If you're looking to house hack due to higher interest rates, or are looking for an investment opportunity, you won't find a better one that this. With an investor loan and 20% down, your cash flow is around $1100. If you chose to live in one side and rent the other, you'll reduce your living expenses to sub $1000. Newer roof, boiler and water heater (2024)! However you chose to make this space yours, this unit is for you!

Price History
4/15/2024 Listed $425,000

General Features

Interior Features 2nd Kitchen
Sewer Private Sewer
Heating Baseboard - Hot Water
Cooling Central A/C
Possession Immediate
Roof Asphalt
Zoning ADU
Pool Y/N No Pool
Architectural Style Other
Construction Materials Block
Year Built 1950
Electric 100 Amp Service
Levels 2
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Accessibility 2+ Access Exits
County MERCER
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name NONE AVAILABLE
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade
Status PENDING
Directions Use GPS.
ModificationTimestamp 2024-04-29T11:20:11
City EWING
Buyer Agent Compensation 2.5
Senior Community Y/N No
MLS Area Ewing Twp (21102)
Lot Size Square Feet 12632.40
Tax Assessed Value 122000.0
Waterfront Y/N No
Street Name PROSPECT STREET
Tax Annual Amount 4000.0
Property Condition Excellent
Structure Type Detached
Condo/Coop Association Y/N No
Price Per Sq Ft 307.53
Acceptable Financing Cash,FHA,Conventional
Vacation Rental Y/N No
Virtual Tour https://lite-pixel-media.aryeo.com/videos/018ecfb0-404b-7194-a3be-9e480502e925
Total SQFT 1382
Days on Market 15
Standard Status Pending
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Basement Connecting Stairway
Flooring Vinyl
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Above Grade Finished Area 1382
Full Baths 2
Central Air Y/N Yes
Total Bedrooms 4
Main Level Bedrooms 1
LivingAreaSource Estimated
Bedrooms Count All Upper Levels 3
Bedrooms Count Upper Level 1 3
Bathrooms Full Upper Level 1 2
Bathrooms Full All Upper Levels 2
Bathrooms Count Upper Level 1 2.00
Bathrooms Count All Upper Levels 2
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Parking Features Concrete Driveway
Water Source Public
Type of Parking Driveway
Foundation Details Brick/Mortar
Water View Y/N No
Lot Size Acres 0.29
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 08638

Price
AVG $300K
$430K
Taxes
AVG $5,759
$4,000
Visits
AVG 177
70
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1950

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