$678,888

52 Park Ave Flemington, NJ 08822

Estimated payment $4,688/month

-- Bed
4 Baths
3,069 Sq Ft
$221 Price per Sq Ft

Highlights

  • Property is near shops
  • Utility Room
  • Radiator
  • Hunterdon Central Regional High School District Rated A
  • Level Lot
  • 1-minute walk to Flemington Borough Park

About This Home

This is a great investment opportunity with big potential for passive income,3 Family property in the heart of downtown Flemington. The tenants have been there for years and they are month to month. Under market rents.

Listing Agent

George Awadalla

KELLER WILLIAMS WEST MONMOUTH Listed on: 03/03/2026

KELLER WILLIAMS WEST MONMOUTH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,407

Year Built

  • Built in 1880

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 198.00 x 0.00
  • Level Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 4 Bathrooms
  • 3,069 Sq Ft Home
  • 2-Story Property
  • Utility Room

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Location

  • Property is near shops

Utilities

  • Radiator
  • Underground Utilities
  • Gas Water Heater

Community Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,407

Year Built

Built in 1880

Lot Details

0.29 Acres

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.29
  • Lot Size: 198.00 x 0.00
  • Ownership: Corporation
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1880
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer,Range/Oven,Refrigerator,Washer), Unit 2(Dryer,Range/Oven,Refrigerator), Unit 3(Dryer,Range/Oven,Refrigerator,Washer)
  • Owner Pays: Unit 1 Owner Pays(Electric,Gas), Unit 2 Owner Pays(Electric,Gas), Unit 3 Owner Pays(Electric,Gas)
  • Has Basement: Full, Storage Space, Utility Room
  • Basement YN: No
  • Interior Amenities: Unit 1(Dining Room,3 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 3069
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping, Level
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 4(+)Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: Ceiling Fan(s),A/C Window Unit(s),See Remarks
  • Heating: Radiators-Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 12632
  • Zoning: TR

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 14407
  • Tax Year: 2024

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $14,407 $548,700 $112,400 $436,300
2024 $13,923 $511,600 $103,000 $408,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2026 03/03/26 For Sale $678,888 +35.8% $221 / Sq Ft
06/02/2021 06/02/21 Sold $500,000 0.0% -- View Prior Sale
04/08/2021 04/08/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $500,000 -- --
Source: All Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $500,000 Foundation Title Llc
Deed $226,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,000 Seller Take Back
Previous Owner $217,100 FHA
Source: Public Records

Source: All Jersey MLS

MLS Number: 2611566R

All Jersey MLS

APN: 09-00016-0000-00019

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