1617 Prospect Street

Ewing, NJ 08638

$425,000
Price
4
Beds
2
Baths
1,382 Sq. Ft.
$308 / Sq. Ft.
1,382
Sq. Ft.
$308
per Sq. Ft.

Description

Investors rejoice and Househackers rejoice. Even with higher interest rates, this property will cash-flow. This newly renovated multi-family unit boasts a 3 bed, 1 bath on one side and a 2 bed, 1 bath on the other (both with separate entrances). The 3 bed, 1 bath can be rented for $2300 and the two bed can be rented for $1700. If you're looking to house hack due to higher interest rates, or are looking for an investment opportunity, you won't find a better one that this. With an investor loan and...Investors rejoice and Househackers rejoice. Even with higher interest rates, this property will cash-flow. This newly renovated multi-family unit boasts a 3 bed, 1 bath on one side and a 2 bed, 1 bath on the other (both with separate entrances). The 3 bed, 1 bath can be rented for $2300 and the two bed can be rented for $1700. If you're looking to house hack due to higher interest rates, or are looking for an investment opportunity, you won't find a better one that this. With an investor loan and 20% down, your cash flow is around $1100. If you chose to live in one side and rent the other, you'll reduce your living expenses to sub $1000. Newer roof, boiler and water heater (2024)! However you chose to make this space yours, this unit is for you!
  1. Listed by Timothy Christopher Crew • BHHS Fox & Roach - Princeton
    P: 6096476838 tim@sellingnj.com

Property Details for 1617 Prospect Street

Tax ID Number
NO TAX RECORD
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Other
Levels/Stories
2
Waterfront
No

Location

Listing Courtesy of BHHS Fox & Roach - Princeton
Add your commute
LISTING UPDATED: 05/22/2024 10:05 AM

Property Details for 1617 Prospect Street

StatusActive
MLS #NJME2041884
Days on Market20
Taxes$4,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1950
Lot Size0.29 AC / 12,632 SF
CountyMercer County

Location

Listing Courtesy of BHHS Fox & Roach - Princeton
Add your commute

Building Information for 1617 Prospect Street

Stories2Year Built1950Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$2,653 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,319

Property Taxes

$333

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1617 Prospect Street

Location
Location
  • School District Name: EWING TOWNSHIP PUBLIC SCHOOLS
  • School District County ID: 300200396170
  • SchoolDistrictSource: Listing Agent
  • County: MERCER
  • MLS Area: Ewing Twp (21102)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $122,000
  • Zoning: ADU
  • Automatically Update Tax Values Y/N: No
Rooms
Main
  • # Bedrooms Count Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 3
  • # Bathrooms Count All Upper Levels: 2
  • # Bathrooms Full All Upper Levels: 2
Upper Level 1
  • # Bedrooms Count Upper Level: 3
  • # Bathrooms Count Upper Level: 2
  • # Bathrooms Full Upper Level: 2
Rooms
  • Stories: Main, Upper 1
Building Info
Building Info
  • Total Finished SQFT: 1,382.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
Parking
Parking
  • Type Of Parking: Driveway
  • Parking Features: Concrete Driveway
Interior Features
Interior Features
  • Interior Features: 2nd Kitchen
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Private Sewer
  • Electric Service: 100 Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Mid Jersey Association of REALTORS

Property History for 1617 Prospect Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1617 Prospect Street

This home is within Ewing 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
Parkway Elementary School
PublicPK to 5

Gilmore J Fisher Middle School
Public6 to 8

Ewing High School
Public9 to 12

Wl Antheil 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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Similar Sold Homes

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1617 Prospect Street is a single family home for sale in Ewing, NJ 08638. This property was listed for sale on April 15, 2024 by BHHS Fox & Roach - Princeton, it's currently listed at $425,000. It has been on the market for a total of 20 days and was last sold on November 8, 2023. This listing's school district is Ewing Township Public School District. Nearby schools include Parkway Elementary School, Gilmore J Fisher Middle School and Ewing High School. 1617 Prospect Street is a 4-bed, 2-bath, 1,382 sqft single family home built in 1950.

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 BHHS Fox & Roach - Princeton

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.