2 Lindbergh RdEast Amwell Township, NJ 08551
- Residential income homes
- 10,705 SF
For Sale
$3,400,000
View listing
Property Details for 2 Lindbergh Rd
- Year built
- 1850
- Construction
- FRAME
- Lot size
- 2.01 AC
- Property size (Sq ft)
- 10,705 SF
- Zone code
- VAL
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 08 00034-0000-00037
- APU
- 800034000000037
Description
Exceptional investment opportunity in Ringoes, NJ! This meticulously maintained, 10,705 square foot multi-family property, constructed in 2015, sits on a 2.01-acre lot. The building comprises 13 thoughtfully designed apartments: 12 in the main building and 1 in a separate carriage house. The unit mix includes six one-bedroom and six two-bedroom apartments, offering a diverse rental portfolio. High-quality finishes throughout include maple wood floors, Anderson windows, and Corian countertops. Designed with sustainability in mind, the building boasts a low carbon footprint, resulting in reduced operating costs. Each unit features a kitchen, living room, and full bath
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,194,622
- 6.5%
- $2,025,805
- 7%
- $1,881,104
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,168,009
- Geo Method
- $2,168,009
-
Alternative Use
- Use
- Valuation
- Residential
- $2,025,805
- Hospitality
- $1,855,626
- Educational
- $1,543,859
- Medical
- $1,596,955
- Retail
- $2,401,559
Location Insight
- City
- Ringoes
- County
- Hunterdon
- State
- New Jersey
- Latitude
- 40.4489
- Longitude
- -74.7981
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$30,787
$210,100
$977,200
$1,187,300
-
$210,100
$977,200
$1,187,300
Comparable in this City
Similar Nearby for Sale
FAQs
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