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Listed by Joseph Bograd • Elite Realty Group Unl. Inc.
$ 1,950,000
Est. payment /mo
Active
28 JOHN RINGO RD Ringoes, NJ 08551
0.66 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJHT2005184
Year Built 1940
Annual Tax Amount $13,274
Tax Year 2025
Lot Size 0.663 Acres
Acres 0.66
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Exceptional investment opportunity featuring TWO fully leased income producing properties being offered together. This turnkey portfolio combines strong cash flow with extensive updates, making it an outstanding addition to any investor's holdings.
The first mixed use building features a beautifully renovated commercial space on the first floor, currently occupied by a well established restaurant, along with three fully leased residential apartments. The commercial space has been thoughtfully updated, creating an attractive and modern environment for its long term tenant.
The second building consists of six renovated one bedroom apartments, each with its own private entrance. Every unit has been updated and is fully occupied, providing immediate and consistent rental income.
Both buildings have been well maintained and feature new siding, new roofs, and rear parking for tenants and customers. With all units leased, extensive renovations already completed, and strong in place income, this is a rare opportunity to acquire a stabilized, low maintenance investment with excellent cash flow from day one.
Whether you're expanding an established portfolio or adding your next high performing asset, this property offers the ideal combination of quality, occupancy, and long term investment potential.
The first mixed use building features a beautifully renovated commercial space on the first floor, currently occupied by a well established restaurant, along with three fully leased residential apartments. The commercial space has been thoughtfully updated, creating an attractive and modern environment for its long term tenant.
The second building consists of six renovated one bedroom apartments, each with its own private entrance. Every unit has been updated and is fully occupied, providing immediate and consistent rental income.
Both buildings have been well maintained and feature new siding, new roofs, and rear parking for tenants and customers. With all units leased, extensive renovations already completed, and strong in place income, this is a rare opportunity to acquire a stabilized, low maintenance investment with excellent cash flow from day one.
Whether you're expanding an established portfolio or adding your next high performing asset, this property offers the ideal combination of quality, occupancy, and long term investment potential.
Location
State NJ
County Hunterdon
Area East Amwell Twp (21008)
Zoning LB
Interior
Hot Water Electric
Heating Zoned
Cooling None
Heat Source Oil
Exterior
Garage Spaces 12.0
Water Access N
Roof Type Shingle
Accessibility None
Total Parking Spaces 12
Garage N
Building
Sewer On Site Septic
Water Well
New Construction N
Schools
School District East Amwell Township Public Schools
Others
Tax ID 08-00027 01-00021
Ownership Fee Simple
Special Listing Condition Standard

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