Type: Private
Price: $575,000
Location: Cherry Hill, New Jersey, NJ
Address: 301 E MAIN ST, NJ
Zip: 8052
Size: 3918 square feet
Property size: 7621 square feet
Condition: Used
The lock box is located at the door facing Fellowship road.
Tremendous Investment opportunity. Be a live-in Landlord with 2 two bedroom apartments on upper level and a separate shop/office; or use as an investment property with 3 two bedroom units. The first floor was originally the family living quarters which includes two bedrooms, one bath
with separate shower stall and tub with shower, large eat-in-kitchen, Living room, and Dining room. Also on the first floor is a 19' X 28' room with separate entrance on Main Street and access from the living room. It was used as the family Hair Salon for many, many years.
In more recent times, it has been used for retail sales, as an internet business, and a leather shop. Currently it is being used for Electronic workshop. This workshop currently rents for $650.00 per month. The full, high ceiling basement is accessed from the Dining room entrance or outside entrance , a walk through entrance. The basement has French Drains, 3 newer Weil-Mc Lain heaters, one for each unit. Tenant pays
their own heat. Also, there are three newer gas hot water heaters. The house and detached 2 car garage with storage loft with steel beam construction, are all brick exterior.
The garage was never rented. It was used by the family. The two car garage if rented, would add to the monthly income. This one owner house has been meticulously maintained through the years. It might be a bit dated but it's in great condition. Apt#2 upstairs, is the smaller of the three apartments. The Tenant is a long time tenant and pays $875. This unit should rent for $1200 to $1400 or whatever the new owner decides. Apt#3 upstairs, is vacant and recently received a face lift. This unit should rent for $1400-$1600
or higher. Unit 3, has all new electrical outlets and switches.
It has been freshly painted, new Berber Carpeting was installed in both bedrooms, living room, hall and stairway. There are original hardwood floors under the the carpeting upstairs and downstairs. The kitchen has new vinyl just installed. Unit 3's windows have been re-glazed on the exterior and painted. Apt#1, the downstairs unit is currently vacant and should rent for $2000-2500. There are ceiling fans throughout the units.
This multi-family home is located at 1-3 Crescent Ct, Newark, NJ.
1-3 Crescent Ct is in the Lower Vailsburg neighborhood in Newark, NJ and in ZIP code 07106. It is currently for sale and has been listed on Trulia for 20 days. This property is listed for $579,900. This property has 4 bedrooms, 3 bathrooms and approximately 19,998 sqft of floor space. This property has a lot size of 3049 sqft.
Commuters Dream on a derirable North Arlington Area!
Welcome to this beautiful two-family home on a corner lot. 1st floor has 6 rooms, 3 bedrooms,1 bath, granite counter tops, slider to rear yard. 2nd floor has 5 rooms, 2 bedrooms and a bath. Finished basement with recreational room, full bath and a laundry room. 2 separated gas steam radiator
heating system, separate hot water, gas & electric meters, 2 zone lawn sprinkler system, New roof in 2019 and 2 car deatached garage. 1 block to Ridge Road shopping and NYC Bus! This home is a must see!
Extraordinary opportunity to own an income generating multi-family!
All three units are located in an under/over setting. Top unit is a 2 bedroom, 1 Bath including updated Kitchen/Living Room. Lower unit is an amazing 3 BDRM, 1 Bath also with an updated Eat-In-Kitchen, SS appliances, formal LR. First floor same replica as the second. Plenty of off street parking. All separate utilities. A true money making machine close to malls, shops and NYC Transportation.
