1037 Highway 28

Somerville, NJ 08876

$499,000
Price
12
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention Investors! Unique Opportunity in Prime LocationProperty Highlights:3 Residential Units & 2 Commercial SpacesPreviously Operated as a Deli & CafeSold As-Is, Requires WorkCash Buyers OnlyVacant PropertyDiscover the potential of this versatile property located in a prime area. With 3 residential units and 2 commercial spaces, the possibilities are endless. Formerly housing a bustling deli & cafe, this property offers an exciting opportunity for entrepreneurs and investors alike. The residential...Attention Investors! Unique Opportunity in Prime LocationProperty Highlights:3 Residential Units & 2 Commercial SpacesPreviously Operated as a Deli & CafeSold As-Is, Requires WorkCash Buyers OnlyVacant PropertyDiscover the potential of this versatile property located in a prime area. With 3 residential units and 2 commercial spaces, the possibilities are endless. Formerly housing a bustling deli & cafe, this property offers an exciting opportunity for entrepreneurs and investors alike. The residential units include a spacious 4-bedroom, 1-bathroom unit, a cozy 3-bedroom, 1-bathroom unit, and a charming 1-bedroom, 1-bathroom unit. Additionally, there are two store spaces, one totaling 3000 sq ft and the other 1500 sq ft. The buyer has the option to convert the commercial spaces into additional residential units. This property has great potential for rental income, as the residential spaces alone were previously rented for $7,000. Note to Buyers:This property is being sold as-is and requires work. Only cash buyers will be considered. Take advantage of this vacant property to unleash its full potential.
  1. Listed by ELIYAHU ROSEN • NATIONWIDE HOMES REALTY LLC

Property Details for 1037 Highway 28

Directions
Easton Take & Vanderveer
Days On Market
51

Location

Listing Courtesy of NATIONWIDE HOMES REALTY LLC, ELIYAHU ROSEN
Add your commute
LISTING UPDATED: 04/18/2024 02:03 PM

Property Details for 1037 Highway 28

StatusUnder Contract
MLS #3887957
Days on Market51
Taxes$9,396 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.91 AC / 39,639 SF
CountySomerset County

Location

Listing Courtesy of NATIONWIDE HOMES REALTY LLC, ELIYAHU ROSEN
Add your commute

Building Information for 1037 Highway 28

Stories-Residences4Year Built1900Building Size-Lot Size0.91 AC / 39,639 SF

Payment Calculator

$3,506 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,723

Property Taxes

$783

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1037 Highway 28

Summary
Location and General Information
  • Active Days on Market: 51
  • County #: Somerset
  • Town Name: Branchburg Twp.
  • Block Identifier: 4
  • Listing Type: Exclusive Right to Sell
  • Town #: 2705.0
  • Street # Display: 1037.0
  • # Parking Spaces: 10
  • County Or Parish: Somerset
  • Street Name: Route 28
  • Zip Code: 08876-3338
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $9,396
  • Street name Tax: *
  • Zip Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 502200.0
  • Tax ID For Property: 2705-00004-0000-00021-0000-
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: See Remarks
Property
Lot Information
  • Lot Identifier: 21
  • Approximate Lot Size: .91
  • Total Acres: 0.91
  • Construction Date/Year Built: 1900
Property and Assessments
  • Assessment Bldg: 224500.0
  • Assessment Land: 277700.0
Utilities
  • Cooling: See Remarks
  • Heating: See Remarks
  • Fuel Type: See Remarks
Interior and Exterior Features
Exterior Features
  • Exterior Description: See Remarks
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: No
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: See Remarks
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 1
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1.0
  • Unit 1 Room Description: See Remarks
  • Unit 1 Rooms: 1.0
  • Unit 1 Security Deposit: 1.0
  • Unit 1 Sq Ft: 1.0
Unit 2 Information
  • Unit 2 Appl/Equip: See Remarks
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 1
  • Unit 2 Fireplaces: 1.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1.0
  • Unit 2 Room Description: See Remarks
  • Unit 2 Rooms: 1.0
  • Unit 2 Security Deposit: 1.0
  • Unit 2 Sq Ft: 1.0
Unit 3 Information
  • Unit 3 Appl/Equip: See Remarks
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 1.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1.0
  • Unit 3 Room Description: See Remarks
  • Unit 3 Rooms: 1.0
  • Unit 3 Security Deposit: 1.0
  • Unit 3 Sq Ft: 1.0
Unit 4 Information
  • Unit 4 Appl/Equip: See Remarks
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 1
  • Unit 4 Fireplaces: 1.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 1.0
  • Unit 4 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 4 Rent: 1.0
  • Unit 4 Room Description: See Remarks
  • Unit 4 Rooms: 1.0
  • Unit 4 Security Deposit: 1.0
  • Unit 4 Sq Ft: 1.0
Income & Expenses Information
  • Total Operating Expense: $1.00
  • Net Operating Income: $1.00
  • Gross Operating Income: $1.00

Property History for 1037 Highway 28

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1037 Highway 28

This home is within Branchburg Township School District.
Rating
School
Type
Grades
Distance
Public - 4 to 5
Public - 6 to 8
Public - PK to 3
Rating
School
Distance
Stony Brook Elementary School
Public4 to 5

Central Middle School
Public6 to 8

Whiton Elementary School
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NATIONWIDE HOMES REALTY LLC, ELIYAHU ROSEN

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/28/2024 06:02 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.