313 Grand Ave, Hackettstown Town, NJ

About 313 Grand Ave

Opportunity to own an income-producing property in the heart of the historical district and college area. This multi-unit home offers solid cash flow and practical management features that appeal to investors and owner-occupants alike. Monthly rent and garage income currently totals $53,000/year. Tenants pay all utilities, contributing to a predictable operating budget and low owner maintenance. Exterior highlights include a welcoming large open porch that invites gatherings and relaxation, low-maintenance vinyl siding for easy upkeep, and a generous corner lot with ample yard space. An oversized two-car garage adds additional income. The property sits in a desirable historic district with proximity to the college scene, channels strong rental demand, and provides stable long-term appreciation. Inside, you'll find warm wood floors that run through the living areas, plus public water and public sewer for reliable infrastructure. Each unit has separate utilities facilitating straightforward billing and management. The second/third-floor unit configuration offers four bedrooms, providing generous living space and strong rent potential, while the first-floor unit contains two bedrooms, suitable for flexible occupancy. A practical basement houses two washers and two dryers for shared laundry, adding convenience for residents. This property blends historic charm with modern practicality, delivering steady income, easy upkeep, and the potential for value-enhancing updates.

Listing Map