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85 Ivy Ln

Bridgewater Twp., NJ 08807
  • $624,000
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: 3859940
UPDATED: 66 min ago
$624,000
  • 7
    BEDS
  • 0.53
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,352
    SQFT
  • $265
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Information

Elementary School:
Middle School:
High School:

Description

Amazing and rare opportunity to own this side-by-side 2-family home in highly desirable Bridgewater Township. Unit 1 is 3 BRs, 1 full bath; Unit 2 is 4 BRs and 2 full baths. Both have a LR, eat-in kitchen and separate basements with W/D. Separate front door entrances; shared driveway/parking area that can accommodate 4 or 5 vehicles. Monthly rents are currently under-market @ $1,600 each due to tenants being friends of landlord. Unit 1 lease expires 7/1/24; Unit 2, 6/1/24. Tenants are aware of sale, understand current lease will not be renewed at current rate, and were instructed to make necessary alternative plans. Tenants pay for own gas and electric; landlord pays for water (one system). Unit 1 has window AC, Unit 2 has central air but not currently in working order. Home needs some TLC and is being sold "as is". Home is close to Bradley Gardens Elementary School, parks, shopping areas, Raritan train station and transportation/commuter routes. 2-family homes in Bridgewater do not present themselves often. Great opportunity!!

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Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or United Real Estate North Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than United Real Estate North Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-27T21:46:26.333.
www.unitednorthjersey.com/homes/142498192
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85 Ivy Ln Bridgewater Twp., NJ 08807

  • Price: $624,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 66 min ago
  • ID#: 3859940
7
Beds
3
Baths
0
½ Baths
0.53
Acres
2,352
SQFT
$265
$/SQFT
1955
Built
Neighborhood:
Bradley Gardens
County:
Somerset
Area:
Bridgewater Twp.
Elementary School:
Brad Grdns
Middle School:
Bridg-Rar
High School:
Bridg-Rar
Property Description
Amazing and rare opportunity to own this side-by-side 2-family home in highly desirable Bridgewater Township. Unit 1 is 3 BRs, 1 full bath; Unit 2 is 4 BRs and 2 full baths. Both have a LR, eat-in kitchen and separate basements with W/D. Separate front door entrances; shared driveway/parking area that can accommodate 4 or 5 vehicles. Monthly rents are currently under-market @ $1,600 each due to tenants being friends of landlord. Unit 1 lease expires 7/1/24; Unit 2, 6/1/24. Tenants are aware of sale, understand current lease will not be renewed at current rate, and were instructed to make necessary alternative plans. Tenants pay for own gas and electric; landlord pays for water (one system). Unit 1 has window AC, Unit 2 has central air but not currently in working order. Home needs some TLC and is being sold "as is". Home is close to Bradley Gardens Elementary School, parks, shopping areas, Raritan train station and transportation/commuter routes. 2-family homes in Bridgewater do not present themselves often. Great opportunity!!
Exterior Features

Approximate Lot Size .53AC Exterior Description Wood Garage Description None Lot Description Level Lot Number Of Parking Spaces 5 Parking Driveway Description 2 Car WidthBlacktopDriveway-Shared Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Ceiling FanSee RemarksWall A/C Unit(S) Heating 2 UnitsBaseboard - Hotwater Interior Features Carbon Monoxide DetectorCarpetingFire ExtinguisherSmoke DetectorVinyl-Linoleum FloorsWood Floors Total Number Of Rooms 14 Unit1 Appliances Equipment Carbon Monoxide DetectorDryerRange/Oven - ElectricRefrigeratorSmoke DetectorWasher Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomSee Remarks Unit1 Rooms 6 Unit1 Security Deposit 1300 Unit1 Sq Ft 940 Unit2 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(S)DryerRange/Oven - ElectricRefrigeratorSmoke DetectorSump PumpWasher Unit2 Baths 2.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving/Dining RoomSee Remarks Unit2 Rooms 8 Unit2 Sq Ft 1410

Property Features

Assessment Total 462100 Building Assessment 205900 Easement Unknown Exclusions Personal Items Expenses Include Cold WaterInsuranceMaintenanceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 38400 Land Assessment 256200 Net Operating Income 24200 Services Garbage Extra Charge Sewer Public Sewer Tax Amount 9056 Tax Rate Amount 2.112 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 14200 Unit Style Duplex-Side By SideSee Remarks Unit1 Lease Expiration 2024-07-01 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit1 Rent 1600 Unit2 Handicap Modified No Unit2 Lease Expiration 2024-06-01 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Gas Unit2 Rent 1600 Unit2 Security Deposit 1275 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Coldwell Banker Realty: 908-256-9651.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or United Real Estate North Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than United Real Estate North Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-27T21:46:26.333.
 
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