58 Forrest Street
Iselin, NJ 08830
- 4 beds
- 3 baths
- 1,876 sqft
- 4,935 sqft lot
- $351 per sqft
- 1948 build
- – on site
A rare investment opportunity in the heart of Iselin! This true Mother-Daughter home, located on a peaceful cul-de-sac, offers exceptional income potential with its two fully equipped, separate living quarters. Whether you're looking to live in one unit and rent the other or lease both spaces for maximum profit, this property provides a unique chance to generate steady income while enjoying the comfort of home. The first-floor unit boasts an open concept layout, featuring a spacious living room, two bedrooms, and a modern kitchen with granite countertops and stainless steel appliances. A charming family room offers additional space filled with natural light. Upstairs, the second unit offers two more bedrooms, a spacious living room, a full bath, a private kitchen, and a separate entrance perfect for tenants or extended family. The partially finished basement with its own full bathroom adds further flexibility, perfect for a man cave, home office, or a bonus recreation room. The home sits on a fully fenced lot with a large deckideal for outdoor entertaining. Located just 1/2 mile from Metropark, a major hub for NJ Transit and Amtrak, and only 2 miles from JFK Hospital, this home is perfectly positioned for commuters. You'll also be just 0.25 miles from the vibrant Oak Tree Road shopping and dining district, making this home even more attractive to potential tenants. With easy access to Rutgers University and Newark Airport, the location couldn't be better. Don't miss this one-of-a-kind opportunity to live comfortably while letting your investment work for you. Schedule your private tour today and start watching the income roll in!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Oct 24, 2024
•
MLS# 2505469R —
The Building
-
Year Built:1948
-
Architectural Style:Other
-
Structure Type:Custom Home
-
Roof:Asphalt
-
Basement:Partially Finished
-
Exterior Features:Deck
-
Patio And Porch Features:Deck
-
Levels:Two
-
Stories:2
-
Stories Total:2
-
Building Area Total:1876
Interior
-
Interior Features:Entrance Foyer, 2 Bedrooms, Kitchen, Living Room, Bath Main, Family Room, Kitchen Second, Bath Full, Dining Room, None
-
Rooms Total:10
-
Flooring:Laminate
-
Fireplace:false
-
Living Area:1876
-
Kitchen Features:Granite/Corian Countertops, Kitchen Island, Eat-in Kitchen
-
Dining Room Features:Living Dining Combo
Room Dimensions
-
Living Area Units:Square Feet
Financial & Terms
-
Ownership:Fee Simple
Location
-
Latitude:40.5718003
-
Longitude:-74.3211556
The Property
-
Property Type:Residential
-
Property Subtype:Single Family Residence
-
Property Attached:false
-
Zoning:R-6
-
Parcel Number:2500375000000037
-
Lot Features:Near Shopping
-
Lot Size Area:0.1133
-
Lot Size Acres:0.1133
-
Lot Size SqFt:4935
-
Lot Size Dimensions:105.00 x 47.00
-
Fencing:Fencing/Wall
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Year:2023
-
Tax Annual Amount:10980
Beds
-
Bedrooms Total:4
Baths
-
Baths:3
-
Baths:3
-
Full Baths:3
The Listing
Heating & Cooling
-
Heating:Baseboard Hotwater
-
Heating:true
-
Cooling:Window Unit(s)
Utilities
-
Utilities:Natural Gas Connected
-
Sewer:Public Sewer
-
Water Source:Public
-
Gas:Natural Gas
Appliances
-
Appliances:Dishwasher
The Community
-
Subdivision Name:Holly Haven
-
Senior Community:false
-
Association Fee Frequency:Monthly
Parking
-
Garage:false
-
Carport:false
-
Parking Features:1 Car Width
-
Open Parking:true
Monthly cost estimate
Asking price
$659,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,528
|
| Taxes | $915 |
| Insurance | $181 |
| Utilities | $222 See report |
| Total | $4,846/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/24/24
Oct 24, 2024
|
Listed / Active | CJMLS | $659,000 |
68% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $60k above asking price on average, but some went as high as $200k over asking price.
