Whether you're looking for an investment or your own in-town personal space, this home offers many possibilities. Built in 1885 this 3 unit colonial is located on a beautiful tree lined street set in the quaint river community of Frenchtown. Offering a 2nd floor 2 bedroom unit with a great walkup spacious attic, this unit enters off a lovely rocking chair front porch. The 2 story 3 bedroom unit also offers a walk up attic plus a walkout basement, with front porch and also a side porch off the kitchen to the yard. The sweet 1 bedroom unit includes a den and huge walkout basement with great space. Spacious yard is shared.There is on street parking and a parking area for 1-2 cars off Harrison street. A wonderful location with in walking distance to eclectic shops, restaurants, bike/walking path, art galleries and great entertainment. Always something happening in town for your enjoyment! Close to parks and river recreation. Don't lose out on this fantastic investment. 1 unit is vacant and 2 are rented. 90 min to NYC and Philly
Terrific opportunity to own an investment property or live in one unit and have the rental income pay your mortgage. First floor unit features living room with wood floor, eat-in kitchen, bedroom, full bath with tub/shower and separate laundry room with washer and dryer (currently vacant). The second floor has new carpeting, living room, two bedrooms, full bath with tub/shower and large eat-in kitchen with gas range & laundry area (currently vacant). Rental income stated was for previous tenants and on the low side. Current rents could be higher. The third unit is an attached two-room studio apt, occupied with a two-year lease. Current rent is $925/month and 2nd year goes up to $975. There is off-street parking in the rear via a shared alley driveway. Features large shaded back yard with two storage sheds. Current DCA Certificate of Inspection issued 10/03/2023. Situated steps away from the Delaware River towpath providing biking, jogging and hiking trail. Frenchtown is one of Hunterdon County's best kept secrets--a small, quaint and charming town nestled right on the Delaware River featuring antique shops and casual & fine dining options. Stockton, Lambertville and New Hope are nearby with easy access to Rt. 78.
The median home value in Frenchtown, NJ is $515,000. 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 Frenchtown, NJ is $515,000. Approximately 52.21% of Frenchtown homes are owned, compared to 44.85% rented, while 2.94% are vacant. Frenchtown 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 Frenchtown real estate agent to arrange a tour today!
Frenchtown, New Jersey has a population of 1,673. Frenchtown is more family-centric than the surrounding county with 33.49% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Frenchtown, New Jersey is $95,500. 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 Frenchtown is 40.4 years.
The average high temperature in July is 84.8 degrees, with an average low temperature in January of 19.3 degrees. The average rainfall is approximately 50.2 inches per year, with 25.2 inches of snow per year.