About 427 E Central Ave, Alpha, New Jersey, 08865-4742
Discover an EXCEPTIONAL INVESTMENT OPPORTUNITY with this Beautifully Newly 2024 REMODELED 5-unit MULTI-FAMILY APARTMENT BUILDING. Ideally situated in DESIRABLE Alpha Boro, this apartment building features 3- 1 Bedroom, 1- 2 Bedroom and 1- 3 Bedroom apartments. With Modern Upgrades throughout, the building boasts a BRAND NEW ROOF, NEW WATER HEATERS, NEW carpet and LVP, updated baths, FRESH PAINT and contemporary kitchens complete with NEW CABINETS, COUNTERTOPS, and STAINLESS-STEEL APPLIANCES. The exterior shines with NEW VINYL SIDING, shutters, and a freshly painted block facade. Enjoy the benefits of a newly installed PAVER PATIO and a stone off-street PARKING LOT, providing ample parking for residents. Each apartment has its OWN ENTRANCE, ensuring privacy and independence. Separate electric meters make for easy management. Utilize the basement for additional storage or coin laundry to maximize profits! This TURNKEY investment property is ready for market-rate tenants, offering a hassle-free opportunity to capitalize on the thriving rental market. Don't miss out on this remarkable property that combines modern living with exceptional curb appeal! Certificate of Occupancy has been completed! Currently 80% leased.
Unit 1 Rooms : 4
Unit 1 Room Description : Bedrooms, Eat-In Kitchen, Living Room
Unit 1 Levels : 1
Unit 1 Beds : 1
Unit 1 Baths : 1.0
Unit 2 Rooms : 4
Unit 2 Room Description : Bedrooms, Eat-In Kitchen, Living Room
Unit 2 Levels : 1
Unit 2 Beds : 1
Unit 2 Baths : 1.0
Unit 3 Rooms : 4
Unit 3 Room Description : Bedrooms, Eat-In Kitchen, Living Room, Storage
Unit 3 Levels : 1
Unit 3 Beds : 1
Unit 3 Baths : 1.0
Unit 4 Rooms : 6
Unit 4 Room Description : Bedrooms, Eat-In Kitchen, Living Room, Storage
Unit 4 Levels : 2
Unit 4 Beds : 3
Unit 4 Baths : 1.0
Utilities : Electric
Water : Public Water
Sewer : Public Sewer
Parking/Driveway Description : Gravel, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive
Number of Parking Spaces : 5
Exterior Features : Curbs, Patio, Sidewalk
Exterior Description : Vinyl Siding
Lot Description : Level Lot
Zoning : R-4
Acres : 0.22
Cooling : Ceiling Fan
Heating : Baseboard - Electric
Fuel Type : Electric
Water Heater : Electric
Construction Date/Year Built Description : Approximate
Roof Description : Asphalt Shingle
Interior Features : Carbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Walk-In Closet
Basement Description : Bilco-Style Door, Full, Unfinished
Unit 1 Appl/Equip : Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Unit 2 Appl/Equip : Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Unit 3 Appl/Equip : Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Unit 4 Appl/Equip : Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Renovated Year : 2024
Unit 1 Rooms : 4
Unit 1 Room Description : Bedrooms, Eat-In Kitchen, Living Room
Unit 1 Levels : 1
Unit 1 Beds : 1
Unit 1 Baths : 1.0
Unit 2 Rooms : 4
Unit 2 Room Description : Bedrooms, Eat-In Kitchen, Living Room
Unit 2 Levels : 1
Unit 2 Beds : 1
Unit 2 Baths : 1.0
Unit 3 Rooms : 4
Unit 3 Room Description : Bedrooms, Eat-In Kitchen, Living Room, Storage
Unit 3 Levels : 1
Unit 3 Beds : 1
Unit 3 Baths : 1.0
Unit 4 Rooms : 6
Unit 4 Room Description : Bedrooms, Eat-In Kitchen, Living Room, Storage
Unit 4 Levels : 2
Unit 4 Beds : 3
Unit 4 Baths : 1.0
Utilities : Electric
Water : Public Water
Sewer : Public Sewer
Parking/Driveway Description : Gravel, Off-Street Parking, On-Street Parking, Parking Lot-Exclusive
Number of Parking Spaces : 5
Exterior Features : Curbs, Patio, Sidewalk
Exterior Description : Vinyl Siding
Lot Description : Level Lot
Zoning : R-4
Acres : 0.22
Cooling : Ceiling Fan
Heating : Baseboard - Electric
Fuel Type : Electric
Water Heater : Electric
Construction Date/Year Built Description : Approximate
Roof Description : Asphalt Shingle
Interior Features : Carbon Monoxide Detector, Carpeting, Fire Extinguisher, High Ceilings, Smoke Detector, Walk-In Closet
Basement Description : Bilco-Style Door, Full, Unfinished
Unit 1 Appl/Equip : Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Unit 2 Appl/Equip : Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Unit 3 Appl/Equip : Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Unit 4 Appl/Equip : Carbon Monoxide Detector, Microwave Oven, Range/Oven - Electric, Smoke Detector
Renovated Year : 2024
Street Address: 427 E Central Ave
City: Alpha
State: New Jersey
Postal Code: 08865-4742
County: Warren
Directions:
From 22E, take R onto St James Ave, L onto New Brunswick Ave, R onto Hawk Ave, stay on 3rd, L onto E Central Ave, property on Right
Property Information :
Listing Status: Active
MLS #: 3931051
Bedrooms: 8 bds
Bathrooms: 5 ba
Price: $999,900
Tax Amount: 10329
Construction Status: Built in 1880
Last Modified : Apr 11 2025 11:11AM
Amenities :
Basement
Courtesy of: ASHLEY CARRIGAN, KELLER WILLIAMS REAL ESTATE (MLS# 3930)
Source MLS: GSMLS