111 Center St Metuchen, NJ 08840
Estimated payment $5,212/month
Highlights
- Property is near public transit and shops
- Private Yard
- Outdoor Storage
- Campbell Elementary School Rated A
- Porch
- 4-minute walk to Center Street Park
About This Home
Exceptional investment opportunity in the heart of Metuchen! This three-family home is fully rented long-term tenants in place, offering immediate income with significant upside potential, as current rents are below market value. The property features a one bedrooms unit, a two-bedroom unit and one generously sized three-bedroom unit, each offering comfortable layouts and recently updated and strong rental appeal. A full basement provides additional functionality, including separate storage units for tenants a highly desirable amenity. Situated on an oversized lot, this property offers rare outdoor space and added value in a prime location. Just moments from the Metuchen station, downtown shopping, dining, and highly rated schools, this is a commuter's dream and a tenant favorite. Whether you're looking to expand your investment portfolio or secure a property in one of Central New Jersey's most sought-after communities, this income-producing home presents a tremendous opportunity with built-in growth.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,608
Year Built
- Built in 1930
Lot Details
- 9,579 Sq Ft Lot
- Lot Dimensions are 143.00 x 67.00
- Private Yard
Parking
- On-Street Parking
Home Design
- Asphalt Roof
Interior Spaces
- 3 Bathrooms
- 2,000 Sq Ft Home
- 2-Story Property
Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Outdoor Features
- Outdoor Storage
- Porch
Location
- Property is near public transit and shops
Utilities
- Radiant Heating System
- Baseboard Heating
- Underground Utilities
- Gas Water Heater
Community Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,128 | $160,000 | $90,000 | $70,000 |
| 2024 | $10,755 | $160,000 | $90,000 | $70,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2026 02/18/26 | For Sale | $799,900 | -- | $400 / Sq Ft |
Source: All Jersey MLS
MLS Number: 2610826R
APN: 09 00056-0000-00020
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Ask me questions while you tour the home.