Duplex & Multi Family For Sale in 08873, NJ

This two family house consist of first floor and second floor units, one unit above the other. Each unit has 2 bedrooms, 1 bathroom, and a living room/eat in kitchen combo. It sits on a fenced corner lot with an ample size backyard. The property does need some work, and will be sold in as is condition. However, a new roof will be installed. There is one furnace with 2 zones, and 2 electric meters. Live in one and rent the other, or create a passive income stream. Convenient to NY bus/train (in walking distance), shopping, hospitals, colleges, restaurants and entertainment near by. A new roof was installed on 11/1/26.

481 Hamilton Street (Block 194, Lot 129) presents an exceptional value-add opportunity in Franklin Township's High-Business District (HBD) zone. Featuring a versatile multi-unit residential configuration, verified by Township as a legal use of pre-existing non-conforming 2-family. This property is ideally suited for investors, contractors, or buyers looking to maximize income potential. Situated on a high-visibility corridor close to local shopping, public transportation, and major commuter routes into New Brunswick, this property offers incredible upside. Property is being sold in 'as-is' condition. Bring your imagination and vision to unlock the full potential of this prime Somerset location! This well-maintained 2 family home offering the perfect blend of flexibility and income potential. The home features two bedroom, 1 full bath unit on lower level, and 2+2 bedrooms , 2 full bath room on top level. Driveway parking with large backyard. Perfect for a new owner to move right in while collecting rent from the other unit, or easily leased for additional cash flow. Separate gas and electric meters, tenants pay all utilities, includes heat, electricity, water, sewer, trash etc. Low taxes.A potential 7.3%+ cap rate

Investment Opportunity Knocks! Three Residential Apartments plus Two Commercial Stores PLUS the possibility of building on top of the Commercial units in highly sought Somerset. Current rental income of $9000. Many possibilities for this awesome income producing property. 126 Martin St behind this property is also for sale @$250,000

Property offers a 2 family home plus a separate ranch home. It had been previously approved for a 28 townhome project each with 2,545 sq. ft. However due to changes in zoning, D&R requirements yield may have changed. Buyer responsible for Engineering and due diligence to determine yield. Existing homes have little value and are rented. Rental income available upon request.2 lots Lot # 9 = 1 acres and Lot # 10 = 4.2 acres Total lot size = 226,512 sq. ft. Utilities are on site. All 3 units have septic and public water, duplex home has gas heat and the ranch home has oil heat. Basement on the ranch home.