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151 Fairview Ave, Somerville, NJ 08876
$1,300,000 Just Listed
151 Fairview Ave, Somerville, NJ 08876View this property at 151 Fairview Ave, Somerville, NJ 08876
151 Fairview AveSomervilleNJ08876
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Property Description
Amazing 8 Unit Apartment house in walking distance to down town Somerville! Beautifully maintained the building consists of 6 studio apartments with Kitchen area and full bath, a one bedroom and a 2 bedroom apartment. 7 of the 8 units have been renovated. . 100% Occupied. Owner looking for serious investors only, requesting POF prior to making an appointment and disturbing all the tenants. Some A/C units are owned by tenants
Full Property Details
Full Property Details for 151 Fairview Ave
General
- Price: $1,300,000
- Taxes: $16,289 (2023)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 3929100
- Updated: 10/12/2024
- Added to Site: 2 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Carpeting, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 8
Additional Information
- Equipment: Appliances, Kitchen Area
Parking
- Parking: Parking Lot-Exclusive
Location
- County: Somerset
- Driving Directions: Main Street to Losser to Fairview
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: Wall A/C Unit(s), Window A/C(s)
- Heating Type: Radiators - Steam
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas, Garbage Extra Charge
Structural Information
- Construction: Wood
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt Shingles
- Stories in Building: 3
- Square Feet: 3,080
- Aprox. Leasable: 3,080 Sq. Ft.
- Year Built: 1920
- Remodeled/Updated: 2022
Unit Information
- 1 Bedroom Units: 7
- 2 Bedroom Units: 1
- Units w/Full Bath: 8
Lot Features
- Lot Size (Acres): 0.23
- Lot Size: 50X200
- Permitted Use: Mult family
- Zoning: comercial
- Lot Description: Level Lot
Financial Considerations
- Expenses: Gas/Oil, Insurance, Taxes, Trash, Water/Sewer
- Operating Expenses: $36,906
- Assessment Amount: $421,800
- Land Assmt: $70,700
- Tax Amount: $16,289
- Tax Year: 2023
- Pays Utilities: Landlord
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- Disclosures: Yes
- APN: 2718-00049-0000-00010-0000-
- Block: 49
- Lot Number: 10
Listed by Keller Williams Towne Square Real
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Schools
Schools serving 151 Fairview Ave
Rating | Name | Grades | Distance |
---|---|---|---|
51 Union Ave, Somerville, NJ 08876 | PK-5 | 0.6 mi | |
400 Union Ave, Bridgewater, NJ 08807 | PK-4 | 0.9 mi | |
410 Brooks Blvd, Manville, NJ 08835 | 3-4 | 1.3 mi | |
51 W Cliff St, Somerville, NJ 08876 | 6-8 | 1.1 mi | |
128 Merriwood Dr, Bridgewater, NJ 08807 | 7-8 | 1.3 mi | |
260 Triangle Rd, Hillsborough, NJ 08844 | 7-8 | 4.2 mi | |
222 Davenport St, Somerville, NJ 08876 | 9-12 | 1.3 mi | |
1100 Brooks Blvd, Manville, NJ 08835 | 9-12 | 1.4 mi | |
600 Garretson Rd, Bridgewater, NJ 08807 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 151 Fairview Ave
Date
Details
Price
Change
Source
10/12/2024
Listed
$1,300,000
108%
MLS
5/20/2021
Sold
$625,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 151 Fairview Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$15,864
1%
$421,800
—
2021
$15,763
2%
$421,800
—
2020
$15,438
2%
$421,800
—
2018
$15,168
-1%
$421,800
—
2019
$15,332
3%
$421,800
—
2017
$14,856
4%
$421,800
—
2016
$14,253
1%
$421,800
—
2015
$14,063
3%
$421,800
—
2013
$13,671
—
$421,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 151 Fairview Ave
151 Fairview Ave, Somerville, NJ 08876 (MLS# 3929100) is a Apartment property. 151 Fairview Ave is currently listed for $1,300,000 and was received on October 12, 2024. Want to learn more about 151 Fairview Ave? Do you have questions about finding other Apartment real estate for sale in Somerville? You can browse all Somerville real estate or contact a Coldwell Banker agent to request more information.