2 Lindbergh Ringoes, NJ $ 3,400,000
2 Lindbergh
$ 3,400,000
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2 Lindbergh

Ringoes, NJ, 08551
$ 3,400,000
Bedrooms-- Baths-- Sq 10,705

Monthly Estimate*

$ 22,597

2 Lindbergh, Ringoes, NJ 08551 - Image 1
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Commercial Property for sale in Ringoes, NJ

for $3,400,000. This 10,705 square foot building was built in 2015 on a lot size of 2.01.

Exceptional Investment Opportunity! This well-maintained apartment building, built in 2015, sits on approximately 2 acres and features 13 thoughtfully designed apartments (12 in the Main Building and 1 in the Carriage House). With a mix of 6 one-bedroom and 6 two-bedroom units. Crafted with quality materials, including maple wood floors, Anderson windows, and Corian countertops, providing modern living spaces. Designed as a green building, it offers a low carbon footprint, benefiting both the environment and tenant costs. Each unit features a kitchen, living room, full bath with some units having private balconies or porches. The 9-foot ceilings create an airy feel, while carpeted hallways and double sheetrock walls enhance sound control. Four units are handicapped accessible, promoting inclusivity for all residents. The building includes an alarm and fire sprinkler system, along with a Swiftkey lock system for added security. A 2590-gallon water tank in the basement ensures fire prevention. Enjoy ample off-street parking, a coin-operated laundry area in the basement, and Wi-Fi throughout. Additionally, 2 EV car chargers support electric vehicle use. Located in a scenic rural area, this property offers tranquility while being commutable to Princeton, Flemington, and Lambertville. This property generates over $291,000 in gross rental income annually. A dedicated property manager ensures a well-maintained and thriving space. Don't miss this investment opportunity!

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Commercial Pending

Price

$ 3,400,000

Property Type

Commercial

Taxes

$ 30,310

Style

Apartment Building

Lot Size

2.01

Year Built

2015

Town/City

Ringoes

County/Region

Hunterdon

MLS | Web ID

NJHT2003344

Features
Interior
Heating Fuel Electric
Flooring Ceramic Tile Hardwood
Hot Water Instant Hot Water
Heating Y/N Y
Central Air Y/N N
General
Sewer On Site Septic
Heating Baseboard - Electric Wall Unit
Cooling Ductless/Mini-Split
Utilities Electric Available Sewer Available Cable TV Water Available
Possession 61-90 Days CD
Roof Flat Rubber
Zoning VAL
Security Features Fire Detection System Main Entrance Lock Smoke Detector Sprinkler System - Indoor
Construction Materials Cement Siding
Year Built 2015
Electric 200+ Amp Service Generator
View Trees/Woods
Property Subtype Five Or More Units
Tax Year 2022
Ownership Fee Simple
Cool Fuel Electric
Municipality EAST AMWELL TWP
Gross Income 291000.00
Business Type Apartment Building
Accessibility Doors - Lever Handle(s) 2+ Access Exits
County HUNTERDON
Net Operating Income 213000.00
New Construction N
Property Type Commercial Sale
Energy Efficient Construction
Water Access Y/N N
Status PENDING
Directions Rt 518 to North on Provinceline Rd to Right on Hopewell -Amwell Rd to left on Lindbergh Rd to Corner of Wertsville Rd
City RINGOES
Disclosures Prop Disclosure
MLS Area East Amwell Twp (21008)
Lot Size Units Square Feet
Lot Size Square Feet 87556.00
Waterfront Y/N N
Tax Annual Amount 30310.0
Property Condition Excellent
Price Per Sq Ft Total AG 317.61
Acceptable Financing Cash Conventional
Historic Y/N Y
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=NnvpnKtNnbN&mls=1
Location Type Corner Lot/Unit
Standard Status Pending
Year Built Source Estimated
Tax Lot 00037
Total Actual Rent 291000.00
Cap Rate 6.00
Association Recreation Fee N
Exterior
Lot Features Rural
Water Source Well
Inclusions All Appliances in the apartment units. The large Generator. All equipment necessary to maintenance the apartment building
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 10705.00
Lot Size Acres 2.01
Lot Size Source Estimated
Land Assessed Value 210100.00
Navigable Water Y/N N
Water Oriented Y/N N
Internal Only
Street Number 1 2
* Excluded Features
List By
Joseph "Joe" Plotnick

Listing Agent

Weichert Realtors

Broker

Princeton

Office

(732) 979-9116

Phone

Affordability Calculator

$25,123
Per Month
90%
10%
0%
Monthly Principal & Interest
$22,597
Monthly Property Taxes
$2,526
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/8/2024$3,400,000 Listed Price

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2 Lindbergh, Ringoes, NJ, 08551 is a Commercial Property for sale at $3,400,000 with 10,705 sqft and a lot size of 2.01. 2 Lindbergh was built in 2015. The property's zip code is 08551 which is in Ringoes, NJ