Monroe Township NJ Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Lot size:
0.24 Acres
Year built:
1930
Baths:
2.00
MLS#:
2560416M

ADDITIONAL INFORMATION

This lovely 2-family home is an ideal investment opportunity, owner-occupied residence, or multi generational living. Each unit has separate entrances with a covered front porch. 1st floor unit features a spacious living room with double coat closet, eat in kitchen, bedroom, and renovated bathroom. The 2nd floor unit features an open concept living room + updated eat in kitchen with lots of cabinetry for plenty of storage, bedroom, and full bath with soaking tub + large closet currently being used as a vanity room. Both units have access to the basement for storage & laundry. Fenced in side yard & back deck for outdoor activities. Huge driveway makes parking a breeze for all occupants. Prime location on a corner lot near the Jamesburg Knights of Columbus Park, schools, shopping, and dining!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1930
Baths:
MLS#:
2503922R

ADDITIONAL INFORMATION

This property is a fantastic income generator with a strong rental history. All units, including the storefront, are fully leased, producing an annual rental income of $39,000. It also boasts a full basement offering ample storage space and is outfitted with three separate HVAC systems, water heaters, and electrical services. Tenants cover all utilities, with water costs split three ways. Located in a prime area, this is a solid investment opportunity.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Lot size:
0.16 Acres
Year built:
1932
Baths:
2.00
MLS#:
2354685M

ADDITIONAL INFORMATION

Rear chance to own a multi-family home with detached garage in Monroe Twp. NJ Home features 2 units , each 1 possibly 2 bedrooms each, each apartment features its own entrance and own basement. Great rental potential . Rentals are in high demand in this area. Detached over sized 2 car garage is great for added income. Underground oil tanks on property. Being sold as is must be a cash sale

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Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than Xome are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.



Monroe Township Real Estate

The median home value in Monroe Township, NJ is $471,700. This is higher than the county median home value of $435,500. The national median home value is $338,100. The average price of homes sold in Monroe Township, NJ is $471,700. Approximately 84.04% of Monroe Township homes are owned, compared to 10.11% rented, while 5.86% are vacant. Monroe Township 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 Monroe Township real estate agent to arrange a tour today!

Monroe Township, New Jersey 08831 has a population of 50,344. Monroe Township 08831 is less family-centric than the surrounding county with 31.99% of the households containing married families with children. The county average for households married with children is 36.67%.

The median household income in Monroe Township, New Jersey 08831 is $101,137. The median household income for the surrounding county is $96,883 compared to the national median of $69,021. The median age of people living in Monroe Township 08831 is 53.3 years.

Monroe Township Weather

The average high temperature in July is 85.5 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 48.3 inches per year, with 23.3 inches of snow per year.

Monroe Township Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    402
    30-day change

Monroe Township Schools and Demographics

Education near Monroe Township, NJ

Metric City County
High School Graduates 94.3 89.92
College Degree - 2 year 5.46 6.46
College Degree - 4 year 47.11 44.84
Graduate Degree 13.99 14.3
Expenditures per Student 21,959 21,959
Students per Teacher 12.2 12.2

Elementary Schools near Monroe Township, NJ

School Grades Students P/T Ratio ZIP
Barclay Brook School PK - 02 364 10.4 08831
Brookside Elementary School 03 - 05 465 9.9 08831
Clark Mills School KG - 05 522 13 07726
Cranbury School PK - 08 513 9.3 08512
E Raymond Appleby Elementary School 02 - 05 459 13.7 08884
Indian Fields Elementary School PK - 05 589 12.8 08810
John F. Kennedy Elementary School PK - 05 500 17.2 08831
Lafayette Mills School 01 - 05 554 12 07726
Milford Brook School KG - 05 574 12.7 07726
Mill Lake School PK - 02 379 12 08831
Oak Tree Elementary School PK - 03 682 13.5 08831
Taylor Mills School KG - 05 539 11.5 07726
Wemrock Brook School 01 - 05 690 12.8 07726
Woodland Elementary School 03 - 05 452 12.4 08831

Middle Schools near Monroe Township, NJ

School Grades Students P/T Ratio ZIP
Applegarth Elementary School 04 - 05 360 30.6 08831
Grace M. Breckwedel Middle School 06 - 08 173 11.3 08831
Manalapan-Englishtown Middle School 07 - 08 1,262 12.8 07726
Monroe Township Middle School 06 - 08 1,527 14.3 08831
Pine Brook School 06 - 06 593 12.3 07726
Spotswood Memorial Middle School 06 - 08 316 10.5 08884

High Schools near Monroe Township, NJ

School Grades Students P/T Ratio ZIP
Manalapan High School 09 - 12 1,950 15 07726
Monroe Township High School 09 - 12 2,068 12.9 08831
Spotswood High School 09 - 12 735 11.1 08884

Ungraded Schools near Monroe Township, NJ

School Grades Students P/T Ratio ZIP
* New Jersey Training School 08 - 12 163 08831
Academy Learning Center PK - 12 124 6.1 08831

Demographics near Monroe Township, NJ 08831

Metric Zip Code City
Neighborhood Type Suburban
Population 50,344 858,770
Population Density 1,000 2,777
Median Age 53.3 39.1
People per Household 2.4 2.8
Median Household Income 101,137 96,883
Average Income per Capita 56,888 43,300