1

Hillsborough, NJ Multifamily Home for Sale

Section Image
  • /41

    $599,000

    • 5 Beds
    • 4 Baths
    • 2,752 Sq Ft

    889 Amwell Rd, Hillsborough, NJ 08844

    Rare Investment opportunity in Hillsborough Township, 2 Unit Multi-Family Home. 3 Bedrooms, 1 1/2 Baths in unit A and 2 Bedrooms, 1 1/2 Baths in Unit B. Both units have central A/C, separate heat, separate electric and split the public water. Present cap rate is 7.695, with a little TLC you can achieve a market cap of over 9% at present market rents. Live in one side and rent the other side

    Stephen Filson RE/MAX HERITAGE PROPERTIES

    889 Amwell Rd, Hillsborough, NJ 08844

Why Live in Hillsborough

Hillsborough, located in the Raritan Valley of Somerset County, New Jersey, offers a suburban and rural landscape just under 50 miles from Manhattan. Known for its agricultural roots, the area also has significant healthcare, advanced manufacturing, and information technology industries. Housing options include single-family homes, townhouses, and condos, with prices generally higher than the national median. Recreational opportunities are plentiful, with Duke Farms providing 20 miles of trails, an indoor Orchid Range, and a community garden. The Sourland Mountain Preserve offers over 8 miles of trails for hiking, mountain biking, and horseback riding. Ann Van Middlesworth Park includes baseball fields, basketball courts, a skate park, and a fishing pond. Golf enthusiasts can enjoy nearby courses such as Royce Brook Golf Club and Spooky Brook Public Golf Course. Hillsborough is served by three public bus lines, and the nearby Somerville train station offers a route to Penn Station in Manhattan. Major roads like U.S. Route 206 provide easy access to Trenton and Somerville. The area is also close to Trenton-Mercer Airport and Newark Liberty International Airport. The local hospital, Robert Wood Johnson University Hospital, is about 5 miles away in Somerville. The Hillsborough Township Public Schools district is highly rated, serving over 7,000 students with nine schools, including Hillsborough High, which offers vocational programs in partnership with Somerset County Vocational & Technical School. Local attractions include the Hillsborough Promenade shopping center, seasonal farm markets, and a variety of dining options. The annual Rotary Fair and Business Expo in August features amusement rides, local vendors, and live entertainment. Crime rates in Hillsborough are below the state and national average.

Home Trends in Hillsborough, NJ

Housing Trends

Median Sale Price
$471,000
Median Single Family Sale Price
$777,500
Median Townhouse Sale Price
$455,000
Median 2 Bedroom Sale Price
$427,550
Median 1 Bedroom Sale Price
$263,719
Average Price Per Sq Ft
$365
Number of Homes for Sale
50
Last 12 months Home Sales
393
Months of Supply
1.50
Median List Price
$475,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
0%
How to Buy a Home How to Finance a Home How to Sell a Home