111 Center St Metuchen, NJ 08840
Estimated payment $5,275/month
Highlights
- Wood Flooring
- Cooling Available
- 4-minute walk to Center Street Park
- Campbell Elementary School Rated A
- Baseboard Heating
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.
Listing Agent
Michelle Rizzo
RE/MAX Welcome Home Listed on: 04/02/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,608
Year Built
- Built in 1930
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 67 x 143
Home Design
- Triplex
- Shingle Roof
- Aluminum Siding
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- No Garage
- On-Street Parking
Schools
- Edgar Middle School
- Metuchen High School
Utilities
- Cooling Available
- Radiant Heating System
- Baseboard Heating
- Natural Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 09-00056-0000-00020
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 |
| 2023 | $10,755 | $160,000 | $90,000 | $70,000 |
| 2022 | $10,194 | $160,000 | $90,000 | $70,000 |
| 2021 | $9,960 | $160,000 | $90,000 | $70,000 |
| 2020 | $9,829 | $160,000 | $90,000 | $70,000 |
| 2019 | $9,539 | $160,000 | $90,000 | $70,000 |
| 2018 | $9,504 | $160,000 | $90,000 | $70,000 |
| 2017 | $9,237 | $156,000 | $90,000 | $66,000 |
| 2016 | $9,001 | $156,000 | $90,000 | $66,000 |
| 2015 | $8,745 | $155,000 | $90,000 | $65,000 |
| 2014 | $9,016 | $163,900 | $100,000 | $63,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/02/2026 04/02/26 | For Sale | $799,900 | 0.0% | $400 / Sq Ft |
| 03/06/2026 03/06/26 | Pending | -- | -- | -- |
| 02/20/2026 02/20/26 | For Sale | $799,900 | -- | $400 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22604558
APN: 09 00056-0000-00020
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Ask me questions while you tour the home.