For Multi Family

313 Grand Ave,Hackettstown Town, NJ 07840-2132

February 4, 2026

Opportunity to own an income-producing property in the heart of the historical district and college area. This multi-unit home offers solid cash flow and practical management features that appeal to investors and owner-occupants alike. Monthly rent and garage income currently totals $53,000/year. Tenants pay all utilities, contributing to a predictable operating budget and low owner maintenance. Exterior highlights include a welcoming large open porch that invites gatherings and relaxation, low-maintenance vinyl siding for easy upkeep, and a generous corner lot with ample yard space. An oversized two-car garage adds additional income. The property sits in a desirable historic district with proximity to the college scene, channels strong rental demand, and provides stable long-term appreciation. Inside, you’ll find warm wood floors that run through the living areas, plus public water and public sewer for reliable infrastructure. Each unit has separate utilities facilitating straightforward billing and management. The second/third-floor unit configuration offers four bedrooms, providing generous living space and strong rent potential, while the first-floor unit contains two bedrooms, suitable for flexible occupancy. This property blends historic charm with modern practicality, delivering steady income, easy upkeep, and the potential for value-enhancing updates.

Property ID:PT-27140617-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 579,900 $

Bedrooms:6

Year Built:1910

Listing Details

Status: Active

Location

County: Warren

Lotsize: 50X145

Lot Identifier: 6

Lot Description: Corner, Level Lot

Lot Identifier: 6

Home Details

Open Parking: 6

Basement: Yes

Basmnt/Desc: Yes - Full, Unfinished

Acreage: 0.17

Total Baths: 2.00

Unit Style: 3-Three Story

Number of Units: 2

Rooms: 10

Easement/Desc: Unknown

Exterior Description: Vinyl Siding

Roof Description: Asphalt Shingle

Possesion: POT

Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Kitchen Exhaust Fan, Range/Oven - Electric, Refrigerator, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 4

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water

Unit 1 Handicap: No

Unit 1 Rent: 1600

Unit 1 Room Description: Bedrooms, Kitchen, Living Room, Porch

Unit 1 Security Deposit: 2225

Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector

Unit 2 Levels: 2

Unit 2 Rooms: 6

Unit 2 Beds: 4

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water

Unit 2 Handicap: No

Unit 2 Room Description: Attic, Bedrooms, Kitchen, Living Room, Porch

Garage Description: Detached Garage

Number of Garage Spaces: 2

Block Identifier: 87

County Number: 30

Town Number: 3008

YB/Desc: 1910 - Approximate

Easement: Unknown

Parking/Driveway Description: 2 Car Width

Block Identifier: 87

County Number: 30

Town Number: 3008

Possession: POT

Taxes, Fees & Assessments

Gross Operating Income: 52620

Warranty: No

Tax ID For Property: 3008-00087-0000-00006-0000-

Tax Amount: $9,904.00

Tax Year: 2024

Tax Rate: 3.419%

Tax Rate Year: 2024

Farm Assessment: No

Land Assessment: $102,400.00

Building Assessment: $187,300.00

Total Assessment: $289,700.00

FHA Age Restricted: No

Utilities

Water Heater: Oil

Heat Source: Oil Tank Above Ground - Inside

Heat System: 2 Units

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: Electric

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Listing Details

313 Grand Ave,Hackettstown Town, NJ 07840-2132

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