About this home

Attention investors and parents of college students! This turn-key two-family property is located just three houses away from The College of New Jersey (TCNJ), making it a premier, highly desirable housing or rental asset. Fully occupied or ready to rent, this property generates $3,750 in total monthly rental income from day one. The current owner is retiring, presenting a rare opportunity to acquire a high-yield, low-maintenance income producer. Total Monthly Income: $3,750/month ($45,000 gross annually). Unit 1 (Main Level): $2,100/month rent | Features 2 spacious bedrooms and 1 full bathroom. Unit 2 (Upstairs): $1,650/month rent | Features a bright 1 bedroom and 1 full bathroom. Utilities: Separate gas and electric meters, keeping landlord overhead to an absolute minimum. Turn-Key: Solid cash-flowing asset being sold, perfect for a smooth, retirement-ready sale. Parking: A massive, large driveway provides ample off-street parking for multiple vehicles, a massive selling point for tenants. Basement: Full basement equipped with dedicated laundry provisions and excellent bonus storage space. Unbeatable Location: Literally steps from the TCNJ campus, ensuring a perpetual pool of quality renters, minimal vacancy rates, and proximity to local dining, transit, and shopping. Large backyard. Whether you are looking to expand your portfolio or secure a premier rental property in a high-demand university market, this asset delivers immediate cash flow. Act fast-properties this close to campus rarely last!

Facts and features

Schools

• Gilmore J Fisher Middle School

  middle · 6-8 · 0.7 mi

  4

• Ewing High School

  high · 9-12 · 0.9 mi

  2

• Family Guidance Center-Children's Day School

  elementary · 1-8 · 0.1 mi

• Wl Antheil Elementary School

  elementary · K-5 · 1.0 mi

  3

• Trinity Cathedral Academy

  elementary · K-6 · 0.6 mi

• Incarnation-St James Elementary School

  elementary · K-8 · 1.0 mi

Price history

• Oct 28, 2026 · Listed$399,000
• Oct 28, 2026 · Listed$399,000
• Sep 20, 2022 · Sold$255,000
• Jul 14, 2022 · Listed$259,900
• Sep 30, 2002 · Sold$138,000
• May 17, 2002 · Listed$138,000

Tax history

• 2025$7,425 tax · $183,300 assessed
• 2024$7,209 tax · $183,300 assessed
• 2023$6,776 tax · $183,300 assessed
• 2022$6,593 tax · $183,300 assessed
• 2021$6,432 tax · $183,300 assessed
• 2020$4,977 tax · $143,900 assessed
• 2019$4,847 tax · $143,900 assessed
• 2018$5,482 tax · $103,800 assessed

Home value

$368,000

• Collateral Analytics$368,000
• Cotality$350,600
• Quantarium$397,034

Where it is