189 Main Street

Flemington, NJ 08822

$725,000
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover an exceptional investment opportunity on Main Street, featuring a remarkable 4-family home in a prime location. Situated a stone's throw from the redevelopment project in Flemington Borough, this property offers a promising future in a thriving area. This three-story residence exudes sophistication and practicality, with the lower level housing two well-appointed one-bedroom apartments, while the second and third levels each offer spacious 2-bedroom units, providing a versatile living arrangement...Discover an exceptional investment opportunity on Main Street, featuring a remarkable 4-family home in a prime location. Situated a stone's throw from the redevelopment project in Flemington Borough, this property offers a promising future in a thriving area. This three-story residence exudes sophistication and practicality, with the lower level housing two well-appointed one-bedroom apartments, while the second and third levels each offer spacious 2-bedroom units, providing a versatile living arrangement for tenants. The property's off-street parking adds convenience and appeal, ensuring ease of access for residents. This rare opportunity to invest in a fully rented 4-family home with an oversized lot and an ideal location presents a compelling prospect. Seize the opportunity to explore this remarkable investment property on Main Street and elevate your real estate portfolio. Schedule a showing today to delve into this exceptional investment opportunity.

Listing Agent

Property Details for 189 Main Street

Directions
Flemington circle to Main st, house on corner of Grant and Main.
Days On Market
30
Section/Subdiv/Development
Main Street

Location

Add your commute
LISTING UPDATED: 04/09/2024 12:56 PM

Property Details for 189 Main Street

StatusUnder Contract
MLS #3888747
Days on Market30
Taxes$12,745 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeFourplex
MLS TypeMulti Family / Fourplex
Year Built1880
Lot Size0.37 AC / 16,117 SF
CountyHunterdon County

Location

Add your commute

Building Information for 189 Main Street

Stories-Residences4Year Built1880Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

$5,019 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,957

Property Taxes

$1,062

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 189 Main Street

Summary
Location and General Information
  • Grade School: READ-FLEM
  • High School: HUNTCENTRL
  • Active Days on Market: 37
  • County #: Hunterdon
  • Town Name: Flemington Boro
  • Block Identifier: 41
  • Listing Type: Exclusive Right to Sell
  • Town #: 1909.0
  • Street # Display: 189.0
  • # Parking Spaces: 5
  • County Or Parish: Hunterdon
  • Street Name: Main St
  • Zip Code: 08822-1651
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $12,745
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 439500.0
  • Tax ID For Property: 1909-00041-0000-00019-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Crushed Stone, Off-Street Parking, Parking Lot-Exclusive
  • Garage Description: See Remarks
Property
Lot Information
  • Lot Description: Corner, Level Lot
  • Lot Identifier: 19
  • Approximate Lot Size: .37
  • Total Acres: 0.37
  • Construction Date/Year Built: 1880
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 335200.0
  • Assessment Land: 104300.0
  • Farm Assessment: No
Utilities
  • Cooling: No Cool, Window A/C(s)
  • Services: Cable TV Available, Garbage Included
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 2 Units, Baseboard - Hotwater, Radiators - Steam
  • Fuel Type: GasNatur,OilAbIn
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding, See Remarks
  • Exterior Features: Open Porch(es), Outbuilding(s), Sidewalk, Storm Window(s)
Interior Features
  • Interior Features: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector
  • Roof Description: See Remarks, Slate
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Full
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 1
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 1 Rent: 1200.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 1 Rooms: 3.0
  • Unit 1 Security Deposit: 1200.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 1
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 08-31-2024
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 2 Rent: 1200.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 2 Rooms: 3.0
  • Unit 2 Security Deposit: 1200.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Lease Expiration: 06-30-2024
  • Unit 3 Levels: 2.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 3 Rent: 1800.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living Room, Rec Room
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 2700.0
  • Unit 3 Sq Ft: 0.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator, Smoke Detector
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 2
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 3.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 4 Rent: 1800.0
  • Unit 4 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 4 Rooms: 4.0
  • Unit 4 Security Deposit: 1800.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: Fourplex
Income & Expenses Information
  • Total Operating Expense: $28,500.00
  • Expenses Include: All Utilities, Garbage Collection, Insurance, Taxes
  • Net Operating Income: $43,500.00
  • Gross Operating Income: $72,000.00

Property History for 189 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 189 Main Street

Taxable ValueLand$104,300Additions$335,200Total$439,500
Tax Record2022$12,630 ($1,053 / month)
Home Facts
Beds0Total Finished SqFt3,974 SqFtAbove Grade Finished SqFt3,974 SqFtStories2Lot Size16,117 SqFtStyleSingle Family ResidenceYear Built1880ZoningTRCountyHUNTERDONAPN09 00041-0000-00019

Schools near 189 Main Street

This home is within Flemington-Raritan Regional School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Robert Hunter Elementary School
PublicK to 4

Reading-Fleming Intermediate School
Public5 to 6

J P Case Middle School
Public7 to 8

Hunterdon Central High School
Public9 to 12

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.

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