48 Johnson Place, South River, NJ 08882

$550,000 Asking Price

3 beds
2 baths
1,626  sqft
Built in 1945

Investment Opportunity: This property presents an excellent investment opportunity with tenants already in place under a lease agreement that extends until November 2025. The home is well-appointed with a range of desirable features, starting with a large enclosed front porch that offers a welcoming entrance. Inside, you'll find hardwood floors and tall ceilings that enhance the sense of space and elegance throughout. The formal dining room is conveniently situated next to a newly updated kitchen, which boasts modern stainless steel appliances, sleek quartz countertops, and contemporary flooring, making it both functional and stylish. The first floor includes two generously sized bedrooms and a fully equipped bathroom, providing ample living space. On the second floor, there is a versatile bonus area that features a third bedroom and an additional living space, perfect for guests or extra family members. The partially finished basement offers even more potential, including a full bathroom, making it an ideal space for a variety of uses. Additionally, the property includes a one-car detached garage, providing convenient parking and storage options. Its location is highly advantageous, being conveniently close to the school, adding to its appeal for tenants. This property is a prime opportunity for investors seeking a solid, tenant-occupied home with great features and an excellent location.


Features & Amenities

Interior

General:
Entrance Foyer, 2 Bedrooms, Living Room, Bath Full, Dining Room, 1 Bedroom, None
Appliances:
Dishwasher, Dryer, Free-Standing Freezer, Refrigerator, Washer
Basement:
Partially Finished, Bath Full, Recreation Room, Storage Space, Laundry Facilities
Flooring:
See Remarks
A/C:
A/C Central - Some
Heating:
true, Forced Air
Fireplace:
Fireplaces: 0

Exterior

General:
Curbs, Enclosed Porch(es), Sidewalk, Yard
Style:
Cape Cod
Parking:
1 Car Width, 3 Cars Deep, Garage, Detached

Construction

Roofing:
Asphalt
General:
2

Location

HOA Amenities:
0.0
Originating MLS:
CJMLS API
County:
Middlesex

Lot

Zoning:
230017100000002401

Utilities

Utilities:
Electricity Connected, Natural Gas Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
CJMLS API

This listing courtesy of:
EXP REALTY, LLC, MARCEL FINKELSTEIN

About South River, NJ

Housing

Number of Units
6,061
Median Home Value
$326,149
Median Rent
$1,275

38.35% of housing units are renter occupied.

4.67% are vacant.

Commute

Car
80.77%
Public Transportation
5.81%
Walk to Work
1.58%
Work from Home
11.18%
Other
0.66%

The median travel time to work is 31 minutes.

People

Population
16,034
Median Age
37.70
Median Household Size
3.00

Education

High School
34.02%
Associate’s Degree
6.95%
Bachelor’s Degree
18.95%
Graduate Degree
8.56%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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