12 MURRAY PLACE

PRINCETON, NJ 08540
Square Ft.
5,760
$2,700,000
A rare find for the savvy investor, this fully renovated three-unit property offers an impressive net operating income and strong rental demand. Each unit - spaciously designed as 5BR/3BA, 3BR/2BA, and 2BR/1BA - was completely updated in 2022 with modern kitchens, refreshed baths, new appliances, and upgraded HVAC systems withRead MoreRead Less
Courtesy of Helen Sherman, BHHS Fox & Roach - Princeton [email protected]
Listing Snapshot
Days Online
8
Last Updated
Property Type
Single Family Residential
Square Ft.
5,760
Lot Size
0.19 Acres
Year Built
1870
MLS Number
NJME2067602
30 Days Snapshot Of 08540
$830k
-10%
(avg) sold price
30
+11%
homes sold
50
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Roof
Slate
Property Access
Road Responsibility: Boro/Township, Black Top
Appliances & Equipment
Built-In Microwave, Built-In Range, Dryer, Exhaust Fan, Microwave, Refrigerator, Range Hood, Washer, Dishwasher
Basement
Full, Unfinished
Building
5,760 sqft living area, Built in 1870, Major renovation in 2022, Structure Type: Detached, Wall & Ceiling Types: Dry Wall, Plaster Walls, 3 units in building, 3 levels in building, Victorian, Frame
Cooling
Electric, Ductless/Mini-Split
Expenses
Insurance Expense: $8,000, Maintenance Expense: $2,000, Operating Expense: $49,287, Other Expense: $1,350
Exterior Features
Sidewalks, Street Lights, Chimney Cap(s)
Fireplaces
6 fireplaces
Floors
Hardwood, Laminated
Foundation
Stone
Heating
Natural Gas, Electric, Radiator
Income
Net Operating Income: $146,097, Apartment Rentals
Interior Features
Additional Stairway, Wood Floors
Laundry
Dryer In Unit, Washer In Unit
Lot
8,276 sqft, Lot Size Dimensions: 70x117, 0.19 acres, Landscaping, Level, Private, Rear Yard
Parking
Paved Driveway
Property
Other Structures: Above Grade, Other Units: Unit 1, Unit 2, Unit 3, Outdoor Living Structures: Porch(es), Balcony, Patio(s), Wrap Around, View: Garden/Lawn, Street, 1 three-bedroom unit, 1 two-bedroom unit
Sewer
Public Sewer
Taxes
County Tax Pymnt Freq: Annually, Tax Annual Amount: $37,937, Tax Year: 2024
Utilities
Electric Service: 200+ Amp Service, Hot Water: Natural Gas, Cable TV, Water Available, Sewer Available, Natural Gas Available, Electric Available
Windows
Double Hung, Storm
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Eric Leadbetter
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