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21965526
21965533

758 Somerset St, Watchung, NJ 07069

PC
NJ 143039
Forst & Crean Realty Group LLC
Listed by Forst & Crean Realty Group LLC
$999,999
471 days on market
Updated 4 days ago

758 Somerset Street

Details
Property Type Multifamily
Sub Type Apartment Building
Units 2
Cap Rate 7.56%
NOI $75,600
Occupancy 100%
Broker Co-Op Yes
Class A
Acreage 0.250
Investment Type Owner/User
Occupancy Date 04/02/2026
Ground Lease No

Multifamily | 2 Units | $500,000/unit

Marketing description

Very well maintained Two Family available in Watching Township! Both units are 3 bedrooms, 2 Full bath with extra storage in each unit. Both units have been renovated in the past year. Great natural light, parking on site, room for increase in rents, laundry in units. Great opportunity for beginning investors to attain FHA Loan.

Room for increases in income and value add!

Listing Contacts

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

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$75,600.00
$6,300.00/mo

Valuation Metrics

0
DSCR
7.56%
Cap Rate
7.56%
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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