1617 Prospect Street Ewing, NJ $ 425,000
1617 Prospect Street
$ 425,000
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1617 Prospect Street

Ewing, NJ, 08638
$ 425,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 2,825

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Multi-Family Home for sale in Ewing, NJ

for $425,000 with 5 bedrooms. This home was built in 1950 on a lot size of 0.29.

Investors rejoice and Househackers rejoice. Even with higher interest rates, this property will cash-flow. This newly renovated multi-family unit boasts a 3 bed, 1 bath on one side and a 2 bed, 1 bath on the other (both with separate entrances). The 3 bed, 1 bath can be rented for $2300 and the two bed can be rented for $1700. If you're looking to house hack due to higher interest rates, or are looking for an investment opportunity, you won't find a better one that this. With an investor loan and 20% down, your cash flow is around $1100. If you chose to live in one side and rent the other, you'll reduce your living expenses to sub $1000. However you chose to make this space yours, this unit is for you!

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Multi-Family Active

Price

$ 425,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 4,000

Style

Lot Size

0.29

Year Built

1950

Town/City

Ewing

County/Region

Mercer

MLS | Web ID

NJME2042006

Features
General
Interior Features 2nd Kitchen
Sewer Private Sewer
Heating Baseboard - Hot Water
Cooling Central A/C
Possession Immediate
Roof Asphalt
Zoning ADU
Architectural Style Other
Construction Materials Block
Year Built 1950
Electric 100 Amp Service
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Municipality EWING TWP
Accessibility 2+ Access Exits
County MERCER
New Construction N
Property Type Multi-Family
Subdivision Name NONE AVAILABLE
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions Use GPS.
City EWING
Buyer Agent Compensation 2
Total Units 2
MLS Area Ewing Twp (21102)
Lot Size Square Feet 12632.40
Waterfront Y/N N
Street Name PROSPECT STREET
Tax Annual Amount 4000.0
Property Condition Excellent
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft Total 307.53
Acceptable Financing Cash FHA Conventional
Vacation Rental Y/N N
Virtual Tour https://lite-pixel-media.aryeo.com/videos/018ecfb0-404b-7194-a3be-9e480502e925
Days on Market 16
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Interior
Heating Fuel Natural Gas
Basement Connecting Stairway
Flooring Vinyl
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N Y
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Exterior
Pool No Pool
Parking Features Concrete Driveway
Water Source Public
Type of Parking Driveway
Foundation Details Brick/Mortar
Water View Y/N N
Lot Size Acres 0.29
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1617
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* Excluded Features
List By
Bhhs Fox & Roach - Princeton

Broker

tim@sellingnj.com

Email

Affordability Calculator

$3,158
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,825
Monthly Property Taxes
$333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3533712 Elementary School
3533716 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2024$425,000 Listed Price

Map


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1617 Prospect Street, Ewing, NJ, 08638 is a Multi-Family Home for sale at $425,000 with a lot size of 0.29. 1617 Prospect Street has 5 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 08638 which is in Ewing, NJ