941 Lee Ave, Alpha Boro NJ 08865-4239

Property City
Alpha Boro
Property Media
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Property Price
$299,000
Bedrooms
5
Year Built
1900
Tax Annual Amount
$7557
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
MLS Status
Active
MLS #
4007546

A rare triplex investment opportunity in the heart of Alpha Borough, offering both small-town charm and strong income potential. This well-configured multi-family provides flexibility for investors or owner-occupants alike.The first unit is a studio-style one-bedroom with a recently updated full bathroom, offering a solid foundation for future rental appeal. The second unit features a welcoming living space, a comfortable bedroom, and a full bath. The third and largest unit offers three bedrooms and a full bathroom, creating potential for higher rental income. Additional storage is conveniently accessible through an exterior basement entrance, adding functionality for tenants. While some cosmetic TLC remains, the property presents a promising value-add opportunity for buyers looking to enhance rents and maximize returns. Ideally located in Alpha Borough with quick access to Routes 78 & 22, this property combines ease of commuting with the appeal of a close-knit community, making it a smart addition to any investment portfolio.

Yearly Tax Rate
3.644
Year Built (*numeric)
1900
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
None
Heating
3 Units
Lot Size Dimensions
0.10 40X114 IRREG.
Property Location

40.6643, -75.15957

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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762