Courtesy: Hometown Residential Realty LLC
732-583-8888
Susan Grace McGowan
SERIOUS INVESTORS, THIS IS FOR YOU. RUNNING A 6.8% CAP RATE! Fully leased multi unit 5,016 square foot building of 10 units hits the market. Find one and two bedroom units. Updated. Rented with stable tenants. There is room for rent to be increased so additional opportunities are there. No rent control here! Private driveway leads to 1.14 acres of naturistic grounds. Tenants love the greenery. Apartments have full kitchens. Units were updated within the past 10 years. Tenant all pay on time or early. None of the tenants get rental assistance. This is fabulous rental property. This is an R-40 zoned property and grandfathered. Please do not walk property without an appointment. Call for more details.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Monmouth County MLS
Matawan is located in New Jersey. Matawan, New Jersey has a population of 9,486. Matawan is more family-centric than the surrounding county with 41.08% of the households containing married families with children. The county average for households married with children is 34%.
The median household income in Matawan, New Jersey is $115,035. The median household income for the surrounding county is $110,356 compared to the national median of $69,021. The median age of people living in Matawan is 37.5 years.
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 47.5 inches per year, with 25.1 inches of snow per year.
