17 1/2 Thomas st - Multi-Family FOR SALE


South River, NJ 08882
$750,000 USD
732-890-4860
17 1/2 Thomas st, South River, NJ for Sale
$750,000 USD
Multi-Family - FOR SALE
1/26
null | 7.1% Cap Rate

17 1/2 Thomas st
South River, NJ 08882


HIGHLIGHTS

  • Strong Rental Income – Estimated $5,100/month or $61,200/year gross rent
  • Low Vacancy Risk – High rental demand area near Rutgers, NYC commuter routes, and local industry
  • Minimal Maintenance – Renovations mean fewer repairs and long-term savings
  • Prime Location – Situated in the heart of Middlesex County with easy access to Route 18, NJ Turnpike, and major shopping/dining corridors

OVERVIEW

Welcome to this meticulously renovated 2-family home that perfectly blends modern luxury with functionality. Whether you're a homeowner looking to live in one unit and rent the other, or an investor seeking strong rental income, this property offers versatility, value, and style. The first-floor unit features a spacious open-concept layout with 2 generously sized bedrooms and 2 full bathrooms. The layout flows seamlessly from the living room to the kitchen, boasting brand-new cabinetry, quartz countertops, stainless steel appliances, and recessed lighting throughout. Upstairs, the second unit offers 3 bedrooms and 1.5 baths, also designed with an open floor plan and abundant natural light. Each bedroom is bright and airy, with ample closet space, and the bathrooms are fully upgraded with modern fixtures and finishes. Outside, the property shines with an incredible detached garage that fits up to 6 vehicles a rare find in today's market. In addition, there's a large private driveway and multiple additional parking spots, making it ideal for families with multiple vehicles or small business owners who need space for work vans or equipment. Everything has been thoughtfully upgraded from flooring and electrical to plumbing and mechanical systems providing true move-in ready peace of mind. Whether you're looking for luxury living with income potential or a high-yield investment in a prime location, this home checks every box.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

2

PRICE/UNIT

$375,000

CAP RATE

7.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

17 1/2 Thomas st, South River, NJ 08882

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,273 SF

ZONING

R75

APN/PARCEL ID

23-00148-0000-00010

ASK ABOUT THIS PROPERTY

Ridhwaan SadarSADAR REALTYMore Info
732-890-4860

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ridhwaan SadarSADAR REALTYMore Info
732-890-4860

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.