
350 Concord Ave, Ewing, NJ 08618
Investment Highlights
- 95% Occupied
- Near several metropolitan areas, mass transit and major highways
- Growing Area
Property Facts
| Price | $1,997,000 | Apartment Style | Garden |
| Price Per Unit | $99,850 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 6.04% | Building Size | 13,500 SF |
| Sale Conditions | Bulk/Portfolio Sale | Average Occupancy | 100% |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1938 |
| Property Subtype | Apartment | Opportunity Zone | No |
Unit Amenities
- Heating
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Handrails
- Warming Drawer
- Wheelchair Accessible (Rooms)
- Window Coverings
- Large Bedrooms
Site Amenities
- 24 Hour Access
- Individual Locking Bedrooms
- Private Bathroom
About 350 Concord Ave , Ewing, NJ 08618
Concord Apartments is a 20 unit multifamily community conveniently located in Ewing, NJ. It is near several metropolitan areas, mass transit and major highways, employment centers, shopping, and dining. The community consists of 5 one bedroom units and 15 two bedroom units spread out over 5 separate buildings. All 5 buildings are brick two-story, 4 unit buildings with 2 units on both the 1st on 2nd floor. Improvements DLP purchased this community in 2015 and has performed renovations in 17 of the 20 units. These improvements included modernizing kitchens with new cabinetry (if needed) and appliances, replacing some carpeting, and painting. Additionally, one of the building’s entire roof was recently replaced.


