Property Description

Charming Hopewell Borough Dutch Colonial currently set up as 2-family with potential for development of additional lot, just a few blocks from Brick Farm Market, shops and restaurants. Main house layout is 2 bed apt. on 1st floor, 2 bedroom apt. on second floor, could possibly be converted back to single family. Separate detached cottage in the back , PLUS an additional lot with a 2 car garage with possible potential to subdivide and possibly build. 1st floor apt. is sprawling and features 2 bedrooms, an extra office space, large living room with fireplace, dining room, and sunporch. 2nd floor apt. has 2 bedrooms, cedar closets, large kitchen, bathroom with tub, and living room. 2nd bedroom has access to the attic which can be used for extra storage space or could be turned into a study. Both apartments have access to laundry and storage in the basement. Large backyard for play. The back cottage includes 2 beds/1 bath. All units have access to large side additional lot and ample parking. Each unit has its own furnace, hot water heater, and electric service.nUnit 1: $1600/Month Rent, month to month lease. Unit 2: Projected $1600/Month Rent, month to month lease. Unit 3 Cottage: $950/Month Rent, month to month lease. nAll tenants pay for their own utilities. Owners pays water, sewer, insurance and taxes.nFurnaces replaced 2016. 3 Hot water heaters replaced 2015-2018. nExtra lot (72 E. Prospect St) is 50 X 158, potential to subdivide and build would require variance relief from the zoning board of adjustment. The off-street parking currently provided by additional lot would need to be made up on the main house lot.

Features
: Hot water
: Pitched
N
: Unfinished, Full
: Stick Built
: Sidewalks, Street lights
: Wood
: Brick/mortar
2
: 2+ Access Exits
: Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Attic, Cedar Closet(s), 2nd Kitchen
N
: Other
: Replacement
: Natural gas
: Electric
: Main, Upper 1
: Open, Level
N
: Dishwasher, Dryer, Washer
Address Map
E
Route 518 into Hopewell Borough, Left on S. Elm St., Right on E. Prospect, Property on Right.
MLS Addon
Annually
Annually
HOPEWELL VALLEY REGIONAL SCHOOLS
2,068 Sqft
2
: Other
2,068 Sqft
$13,039
2020
R75P
: Public Sewer
: Public
N
$0

Residential For Sale

74 PROSPECT STREET, HOPEWELL, New Jersey 08525

4 Bedrooms
2 Bathrooms
2,068 Sqft
$599,000
Listing ID #NJME2005026
Basic Details
Property Type : Residential
Status : ACTIVE
Listing ID : NJME2005026
Price : $599,000
Bedrooms : 4
Rooms : 10
Bathrooms : 2
Sqft : 2,068 Sqft
Year Built : 1935
Lot Area : 0.22 Acre
Subdivision Name : NONE AVAILABLE
Price Per SQFT : $290
Lot SQFT : 9,480 Sqft
Ownership Interest : Fee Simple
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