Exceptional investment opportunity in the heart of Metuchen! This three-family home is fully rented long-term tenants in place, offering immediate income with significant upside potential, as current rents are below market value. The property features a one bedrooms unit, a two-bedroom unit and one generously sized three-bedroom unit, each offering comfortable layouts and recently updated and strong rental appeal. A full basement provides additional functionality, including separate storage units for tenants a highly desirable amenity. Situated on an oversized lot, this property offers rare outdoor space and added value in a prime location. Just moments from the Metuchen station, downtown shopping, dining, and highly rated schools, this is a commuter's dream and a tenant favorite. Whether you're looking to expand your investment portfolio or secure a property in one of Central New Jersey's most sought after communities, this income-producing home presents a tremendous opportunity with built-in growth.
Courtesy: RE/MAX WELCOME HOME
Exceptional investment opportunity in the heart of Metuchen! This three-family home is fully rented long-term tenants in place, offering immediate income with significant upside potential, as current rents are below market value. The property features a one bedrooms unit, a two-bedroom unit and one generously sized three-bedroom unit, each offering comfortable layouts and recently updated and strong rental appeal. A full basement provides additional functionality, including separate storage units for tenants a highly desirable amenity. Situated on an oversized lot, this property offers rare outdoor space and added value in a prime location. Just moments from the Metuchen station, downtown shopping, dining, and highly rated schools, this is a commuter's dream and a tenant favorite. Whether you're looking to expand your investment portfolio or secure a property in one of Central New Jersey's most sought-after communities, this income-producing home presents a tremendous opportunity with built-in growth.
Metuchen is located in New Jersey. Metuchen, New Jersey has a population of 14,883. Metuchen is more family-centric than the surrounding county with 46.75% of the households containing married families with children. The county average for households married with children is 36.67%.
The median household income in Metuchen, New Jersey is $141,915. The median household income for the surrounding county is $96,883 compared to the national median of $69,021. The median age of people living in Metuchen is 39.4 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 22.2 degrees. The average rainfall is approximately 48.2 inches per year, with 25 inches of snow per year.
