111 Center St Metuchen, NJ 08840
Estimated payment $5,304/month
Highlights
- Wood Flooring
- Cooling System Mounted In Outer Wall Opening
- Hot Water Baseboard Heater
- Campbell Elementary School Rated A
- Ceiling Fan
- 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.
Listing Agent
(609) 333-5800 marcrizzo@remax.net REMAX Welcome Home Brokerage Phone: 6093335800 Listed on: 02/20/2026
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 67.00 x 143
Parking
- On-Street Parking
Home Design
- Triplex
- Frame Construction
- Shingle Roof
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,000 Sq Ft Home
- Ceiling Fan
Flooring
- Wood
- Ceramic Tile
Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Radiant Heating System
- Hot Water Baseboard Heater
- Natural Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 00020
- Assessor Parcel Number 09-00056-00020
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 |
|---|---|---|---|---|
| 04/21/2026 04/21/26 | Off Market | $799,900 | -- | -- |
| 04/02/2026 04/02/26 | For Sale | $799,900 | 0.0% | $400 / Sq Ft |
| 03/06/2026 03/06/26 | Pending | -- | -- | -- |
| 03/04/2026 03/04/26 | Pending | -- | -- | -- |
| 02/20/2026 02/20/26 | For Sale | $799,900 | -- | $400 / Sq Ft |
Source: Bright MLS
MLS Number: NJMX2011354
APN: 09 00056-0000-00020
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