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33685308
33684793

758 Somerset St, Watchung, NJ 07069 For Sale

PC
NJ 143039
Forst & Crean Realty Group LLC
Listed by Forst & Crean Realty Group LLC
$999,999
517 days on market
Updated 35 days ago

758 Somerset Street, Watchung, Multi Family

Details
Property Type Multifamily
Sub Type Apartment Building
Units 2
Cap Rate 7.05%
NOI $70,500
Occupancy 100%
Broker Co-Op Yes
Class A
Acreage 0.250
Investment Type Value Add
Occupancy Date 04/02/2026
Ground Lease No

Multifamily | 2 Units | $500,000/unit

Marketing description

Exceptional opportunity to own a well-maintained two-family property in desirable Watchung Township. Each unit features 3 bedrooms, 2 full bathrooms, and generous private storage space. Both apartments have been thoughtfully renovated within the past year, offering modern finishes and move-in-ready condition.

Tenants enjoy abundant natural light, in-unit laundry, and convenient on-site parking. With current rents offering room for future growth, this property presents an excellent opportunity for both beginning and experienced investors seeking strong long-term potential.

Property Highlights:

  • Two-family investment property
  • Each unit offers 3 bedrooms and 2 full bathrooms
  • Large private storage area for each apartment
  • Renovated within the past year
  • In-unit laundry in both units
  • Ample natural light throughout
  • On-site parking
  • Potential for rental income growth
  • Ideal opportunity for owner-occupants or investors

A rare opportunity to acquire a turnkey multifamily property in a highly desirable location with strong investment upside.

Investment highlights

Turn Key Two Family in Watchung. Landlord has renovated both units over the past year. Driveway and Parking on site, Central Air Conditioning and meticulously maintained property over the years.

Listing Contacts

PC
NJ 143039
Forst & Crean Realty Group LLC
Listed by Forst & Crean Realty Group LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$70,500.00
$5,875.00/mo

Valuation Metrics

0
DSCR
7.05%
Cap Rate
7.05%
ROI

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Additional Information

Name
Pat Crean
License
143039
Brokerage
Forst & Crean Realty Group
Title
Broker of Record
Brokerage Address
81 Industrial Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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