$555,000

313 Grand Ave, Hackettstown Town, NJ 07840

  • 6 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

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. A practical basement houses two washers and two dryers for shared laundry, adding convenience for residents. This property blends historic charm with modern practicality, delivering steady income, easy upkeep, and the potential for value-enhancing updates.

Listing Status:
Active
Date Added:
October 23, 2025 at 12:00AM
Listing Office:
REDFIN CORPORATION : 609-216-7035
MLS ID:
3993534
  • General: High CeilingsSmoke DetectorStain Glass WindowsVinyl-Linoleum FloorsWood Floors
  • Basement: FullUnfinished
  • A/C: Window A/C(s)
  • Heating: 2 UnitsOil Tank Above Ground - Inside
  • General: Vinyl SidingOpen Porch(es)
  • Parking: Parking spaces: 6
  • Roofing: Asphalt Shingle
  • County: Warren
  • Driveway: 2 Car Width
  • Zoning: 3008-00087-0000-00006-0000-
  • Utilities: Electric
  • Water: Public Water
  • Sewer: Public Sewer
  • Exclusions: Personal Items

This listing courtesy of REDFIN CORPORATION

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hackettstown Middle School

500 Washington St, Hackettstown, NJ, 07840

Grades 5-8

0.24 miles away

H

Hackettstown Middle School

500 Washington St, Hackettstown, NJ, 07840

Grades 5-8

0.24 miles away

H

Hackettstown High School

599 Warren St, Hackettstown, NJ, 07840

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.