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Listing Details

194 W Washington Ave,Washington Boro, NJ 07882-2158

  • March 1, 2026

Description

Calling all investors! Don’t miss this fully renovated multi-family property in the heart of Washington, NJ. This three-story, three-unit building offers strong potential for passive income and long-term returns. The first floor features 3 bedrooms, 1 full kitchen, 1 full bathroom, and 2 porches. The second floor includes 3 bedrooms, 1 full kitchen, 1 full bathroom, a porch, and a deck. The third-floor studio offers 1 full bathroom, storage space, and its own private deck. Additional highlights include a detached garage and a large driveway with parking for up to 10 cars a major convenience for tenants. Fully paid-off solar panel system easy transfer to the next buyer. The system services the entire property and averages only $100 per month for electric, delivering exceptional efficiency, reduced operating costs, and long-term savings that directly benefit your bottom line. This is a turnkey opportunity in a desirable location with strong income potential and built-in cost efficiency.

Details

Last Updated On: March 1st, 2026 at 5:26 am
Property ID:PT-30179846-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 670,000 $
Bedrooms:6
Year Built:1901

Additional Details

Listing Details

Status: Active

Location

County: Warren
Lotsize: 40X170
Lot Identifier: 6
Lot Description: Level Lot, Open Lot
Lot Identifier: 6

Home Details

Open Parking: 10
Basement: Yes
Basmnt/Desc: Yes - Bilco-Style Door, Full
Acreage: 0.16
Total Baths: 4.00
Unit Style: 3-Three Story
Number of Units: 3
Rooms: 8
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: At Closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Electric, Refrigerator, Security System, Washer
Unit 1 Levels: 1
Unit 1 Rooms: 4
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 1 Handicap: No
Unit 1 SqFt: 1352
Unit 1 Rent: 2385
Unit 1 Room Description: Bedrooms, Kitchen, Porch
Unit 1 Security Deposit: 2385
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven - Electric, Refrigerator, Security System, Washer
Unit 2 Levels: 2
Unit 2 Rooms: 4
Unit 2 Beds: 3
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 2 Handicap: No
Unit 2 SqFt: 651
Unit 2 Rent: 2385
Unit 2 Room Description: Bedrooms, Kitchen, Porch
Unit 2 Security Deposit: 2385
Unit 3 Appliances/Equipment: Carbon Monoxide Detector
Unit 3 Levels: 3
Unit 3 Rooms: 1
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Unit 3 Handicap: No
Unit 3 SqFt: 477
Unit 3 Rent: 1500
Unit 3 Security Deposit: 1500
Garage Description: Detached Garage
Number of Garage Spaces: 1
Block Identifier: 9.01
County Number: 30
Town Number: 3021
YB/Desc: 1901 - Unknown
Easement: Unknown
Parking/Driveway Description: Driveway-Exclusive, Gravel
Block Identifier: 9.01
County Number: 30
Town Number: 3021
Possession: At Closing

Taxes, Fees & Assessments

Gross Operating Income: 88440
Net Operating Income: 75831
Expense Include: Electric, Oil, Taxes
Warranty: No
Tax ID For Property: 3021-00009-0001-00006-0000-
Tax Amount: $9,008.00
Tax Year: 2024
Tax Rate: 5.585%
Tax Rate Year: 2025
Land Assessment: $27,300.00
Building Assessment: $134,000.00
Total Assessment: $161,300.00
FHA Age Restricted: No

Utilities

Water Heater: Oil
Heat Source: Oil Tank Above Ground - Outside, Solar-Owned
Heat System: Forced Hot Air, Multi-Zone
Cool System: Central Air, Multi-Zone Cooling
Water: Public Water
Sewer: Public Sewer

Schools

Grade School: WARRNHILLS
Middle School: WARRNHILLS
High School: WARRNHILLS

Other

Zoning: OB

Features

  • Carpeting
  • Cathedral Ceiling
  • Deck
  • High Ceilings
  • Open Porch(es)
  • Storm Door(s)
  • Tile Floors
  • Wood Fence
  • Wood Floors

Statistics

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