Exceptional Investment Opportunity! This well-maintained apartment building, built in 2015, sits on approximately 2 acres and features 13 thoughtfully designed apartments (12 in the Main Building and 1 in the Carriage House). With a mix of 6 one-bedroom and 6 two-bedroom units. Crafted with quality materials, including maple wood floors, Anderson windows, and Corian countertops, providing modern living spaces. Designed as a green building, it offers a low carbon footprint, benefiting both the environment and tenant costs. Each unit features a kitchen, living room, full bath with some units having private balconies or porches. The 9-foot ceilings create an airy feel, while carpeted hallways and double sheetrock walls enhance sound control. Four units are handicapped accessible, promoting inclusivity for all residents. The building includes an alarm and fire sprinkler system, along with a Swiftkey lock system for added security. A 2590-gallon water tank in the basement ensures fire prevention. Enjoy ample off-street parking, a coin-operated laundry area in the basement, and Wi-Fi throughout. Additionally, 2 EV car chargers support electric vehicle use. Located in a scenic rural area, this property offers tranquility while being commutable to Princeton, Flemington, and Lambertville. This property generates over $291,000 in gross rental income annually. A dedicated property manager ensures a well-maintained and thriving space. Don't miss this investment opportunity!
SUBSTANTIAL RENOVATIONS JUST COMPLETED! $90,600 of income + potential for even more! You couldn't ask for a more solid investment with great cash flow from day one, long-term tenants and below-market rate rents with a upside for added income! Landmark corner property featuring nearly 6,000 SF mixed-use building with Retail/Deli, 3 Apartments above, Separate Garage & large on-site parking lot. Fully rented and tenants pay their own utilities! Recent improvements include NEW roof, thermal pane windows, siding, new stairway access to apartments and complete renovation to one of the apartments. The Deli space has natural gas heat and central air. Apartments are elec baseboard heat. Adjoining Multi Family property with approx. 4,500 SF building featuring 5 fully rented apartments is also available. Both properties offered for sale as a package or individually. Great location just minutes from Flemington and convenient to Princeton.
In business 53 years same family. Remained open thru covid and is now doing even better than before Covid. Open 6 days 7-2. Can easily be open for dinner. Cash only. Seller will rent building and all equipment for triple net Lease. Inquire with Realtor. Mom's has been around since 1971.
Location Location Location! This Commercial property in the charming town of Ringoes can be converted to offices or retail. Private parking lot and has a drive through. Bring your imagination and we can assist with meeting with the town to meet your needs. Motivated sellers strictly selling "as is" buyer responsible for all inspections and CO.
FORMERLY OCCUPIED BY DRONE CENTER - OLD GOLF DRIVING RANGE. B5 ZONE - SEE ATTCHD FOR PERMITTED USAGE. SOME FIXTURES NEGOTIABLE. THIS IS A GROSS LEASE - TENANT PAYS FOR ELECTRIC & HEAT. ADDITIONAL 500 SQ FT BLDG AVAIL @ $2500 MONTH GROSS. LANDLORD RESPONS FOR CO.
The median home value in Ringoes, NJ is $812,500. This is higher than the county median home value of $509,300. The national median home value is $338,100. The average price of homes sold in Ringoes, NJ is $812,500. Approximately 75.75% of Ringoes homes are owned, compared to 8.38% rented, while 15.87% are vacant. Ringoes real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ringoes real estate agent to arrange a tour today!
Ringoes, New Jersey has a population of 932. Ringoes is more family-centric than the surrounding county with 40.44% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Ringoes, New Jersey is $87,740. The median household income for the surrounding county is $123,373 compared to the national median of $69,021. The median age of people living in Ringoes is 44.2 years.
The average high temperature in July is 84.5 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 50.1 inches per year, with 27 inches of snow per year.