13 Highland Avenue

Somerset, NJ 08873

$699,000
Price
Beds
1,574 Sq. Ft.
$444 / Sq. Ft.
1,574
Sq. Ft.
$444
per Sq. Ft.

Description

FOR SALE: Investment Property located on Jefferson Street and Highland Ave, one block off of Hamilton Street. The property is minutes from downtown New Brunswick, Rutgers University, RWJUH, St. Peters Hospital, and the NE Corridor Line to NYC. Property Features: Two Residential Houses currently rented for $3,700 per month (potential to increase rents) Total Lot Size: .23 Acres HBD Zone (Hamilton Business Development) Large Fenced Area Currently Used by a Landscaper. Potential for Owner to Use. Real...FOR SALE: Investment Property located on Jefferson Street and Highland Ave, one block off of Hamilton Street. The property is minutes from downtown New Brunswick, Rutgers University, RWJUH, St. Peters Hospital, and the NE Corridor Line to NYC. Property Features: Two Residential Houses currently rented for $3,700 per month (potential to increase rents) Total Lot Size: .23 Acres HBD Zone (Hamilton Business Development) Large Fenced Area Currently Used by a Landscaper. Potential for Owner to Use. Real Estate Taxes: $7,052 per year Asking Price: $699,000 The Property is ideal for investors, with the potential to renovate the properties and increase rents. It is also ideal for an owner occupier looking to occupy one or both houses and use the storage area for their personal equipment, supplies, vehicles, etc. The Property is currently tenant occupied. Please call to make an appointment.
  1. Listed by BRIAN T. WALSH • DAVIS REALTORS

Property Details for 13 Highland Avenue

Zoning
HBD
Year Built
1947
Subdivision Name
Hamilton Terrace

Location

Listing Courtesy of DAVIS REALTORS, BRIAN T. WALSH
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LISTING UPDATED: 02/15/2024 08:39 AM

Property Details for 13 Highland Avenue

StatusActive
MLS #2408149R
Days on Market70
Taxes$7,053 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 2 Family
Year Built1947
Lot Size0.23 AC / 10,001 SF
CountySomerset County

Location

Listing Courtesy of DAVIS REALTORS, BRIAN T. WALSH
Add your commute

Building Information for 13 Highland Avenue

Stories2Residences-Year Built1947Building Size-Lot Size0.23 AC / 10,001 SF

Payment Calculator

$4,402 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$588

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13 Highland Avenue

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $7,053.00
  • Tax Year: 2021
  • Other Fees: $.00
Property
Lot Information
  • Building Area Total: 1574.0
  • Living Area: 1574.0
  • Living Area Units: Square Feet
  • Lot Features: See Remarks
  • Lot Size Acres: 0.2296
  • Lot Size Area: 0.2296
  • Lot Size Dimensions: 1000.00 x 0.00
  • Lot Size Square Feet: 10001.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 0800195000000026
  • Photos Count: 6
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Interior Features
  • Cooling: See Remarks
  • Gas: Natural Gas
  • Heating: Electric
  • Heating: Yes
  • Interior Features: Unit 1(4 Bedrooms,2+ Baths), Unit 2(1 Bedroom,1 Bath)
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Postal Code: 08873
  • Postal Code Plus4: 2155
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 0
  • Basement: Full, Bath Half
  • Bathrooms Total: 0
  • Appliances: Water Heater(Gas), Water Heater
  • # Heat Systems: 2
Exterior Features
  • Service: Garbage Included In Tax
  • Stories: 2
  • Stories Total: 2

Property History for 13 Highland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 13 Highland Avenue

Taxable ValueLand$136,600Additions$175,500Total$312,100
Tax Record2022$6,480 ($540 / month)
Home Facts
Beds0Total Finished SqFt1,574 SqFtAbove Grade Finished SqFt1,574 SqFtStories1Lot Size10,000 SqFtStyleSingle Family ResidenceYear Built1947ZoningHBDCountySOMERSETAPN08 00195-0000-00026

Schools near 13 Highland Avenue

This home is within Franklin Township Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Pine Grove Manor Elementary School
PublicPK to 5

Franklin Middle School
Public6 to 8

Franklin Twp High School
Public9 to 12

Hillcrest Elementary School
PublicPK to 5

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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13 Highland Avenue is a multi-family home for sale in Somerset, NJ 08873. This property was listed for sale on February 14, 2024 by DAVIS REALTORS, it's currently listed at $699,000. It has been on the market for a total of 70 days and was last sold on April 6, 2018. This listing's school district is Franklin Township Public School District. Nearby schools include Pine Grove Manor Elementary School, Franklin Middle School and Franklin Twp High School. 13 Highland Avenue is a 0-bed, 0-bath, 1,574 sqft multi-family home built in 1947.

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 DAVIS REALTORS, BRIAN T. WALSH

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