304 Ashley Ave, Hackettstown, NJ

Multi-family for Sale - $1,799,000 - 0.16 acres


Agent Info

Fernando Semiao
CENTURY 21 Semiao & Associates

Property Info

CIMLS#1182226
Location
  304 Ashley Ave
  Hackettstown NJ 07804
UpdatedOctober 3rd, 2025
TypeMulti-family
Price$1,799,000
Land0.16 acres

Property Description

Ashley Garden Apartment features ten 1-bedroom, 1-bathroom units, each offering approximately 600 sq. ft. of comfortable living space. The property includes on-site parking and a coin operated washer and dryer. Significant recent property improvements have enhanced both the building's functionality and curb appeal. These upgrades include a new roof and underlayment, new gutters and leaders, new front doors, and freshly installed front steps with pavers and blue stone finishes. The exterior also features new columns with ornate awning roofs, a new paver walkway, and a modern building mailbox

This asset offers a turnkey investment with minimal deferred maintenance and strong upside in rental income. The strategic improvements enhance both aesthetics and operational efficiency. With utilities partially offset by tenants, and major capital items already addressed, this property is well-positioned for stable cash flow and long-term appreciation.

This asset offers a turnkey investment with minimal deferred maintenance and strong upside in rental income.

The strategic improvements enhance both aesthetics and operational efficiency. With utilities partially offset by

tenants, and major capital items already addressed, this property is well-positioned for stable cash flow and

long-term appreciation.

All rents are below market value leaving room for a good upside!


Financials


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