153 New Freedom Rd, Berlin, NJ 08009

Berlin
Local realty services provided by:ERA Valley Realty
153 New Freedom Rd,Berlin, NJ 08009
$475,000
  • 5 Beds
  • - Baths
  • 2,447 sq. ft.
  • Multi-family
  • Active
Listed by: stephen b. clyde
Office: lpt realty, llc.
MLS#:NJCD2126414
Source:BRIGHTMLS

Price summary

  • Price:$475,000
  • Price per sq. ft.:$194.12

About this home

INVESTMENT OPPORTUNITY! Add this income-producing triplex to your portfolio or take advantage of the opportunity to live in one unit while generating rental income from the other two. The property consists of three residential units: two spacious 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. Based on estimated market rents, each 2-bedroom unit has the potential to generate approximately $1,500 per month, while the 1-bedroom unit is estimated at approximately $1,000 per month. At full occupancy and projected rents, the property could generate approximately $4,000 per month or $48,000 annually in gross rental income. Estimated annual expenses provided by the owner include $9,138 in property taxes, $2,376 in insurance, and approximately $2,376 in maintenance, for total stated annual expenses of approximately $13,890. Based on these figures, projected Net Operating Income is approximately $34,110 annually. If the two additional lots are sold for $125,000 each, the...

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Home facts

  • Year built:1950
  • Listing ID #:NJCD2126414
  • Added:20 day(s) ago
  • Updated:September 29, 2026 at 01:40 PM

Rooms and interior

  • Bedrooms:5
  • Living area:2,447 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiator

Structure and exterior

  • Roof:Shingle
  • Year built:1950
  • Building area:2,447 sq. ft.
  • Lot area:0.91 Acres
  • Construction Materials:Stucco
  • Foundation Description:Block, Brick/Mortar

Schools

  • High school:EASTERN H.S.
  • Middle school:BERLIN COMMUNITY SCHOOL
  • Elementary school:BERLIN COMMUNITY E.S.

Utilities

  • Water:Public
  • Sewer:Public Septic

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$194.12
  • Tax amount:$9,138 (2025)

Features and amenities

  • Amenities:Cable TV

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