23 East Street, South River, NJ 08882
Samuel J Yates Prop · Middlesex County
Key Facts
Description
Investor & Owner-Occupant Opportunity! Welcome to this beautifully updated two-family home in the heart of South River, offering the perfect combination of income potential, flexibility, and location. The first-floor unit will be delivered vacant, making this an ideal opportunity for an owner-occupant looking to offset their mortgage with rental income or an investor seeking immediate cash-flow potential. Each spacious unit features 3 bedrooms, 1 full bathroom, a comfortable living room, and an eat-in kitchen. The home also offers a partially finished basement and large attic for storage, along with a beautiful backyard perfect for entertaining, relaxing, or creating your own outdoor oasis. Location is everything, and this property delivers! Conveniently situated near Routes 18 and 1, the NJ Turnpike, and the Garden State Parkway, with easy access to NJ Transit, Rutgers University, Robert Wood Johnson University Hospital, Saint Peter's University Hospital, shopping, restaurants, parks, and schools. With updated interiors, a vacant first-floor unit, and strong rental potential, this move-in-ready multifamily is a rare find. Whether you're looking to build wealth through real estate, house hack your way to homeownership, or add a solid asset to your portfolio, this property offers incredible value and opportunity. Schedule your showing today, properties like this don't stay on the market for long!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1910
Stories
2
Living Area
1,744 sq ft
Lot Size
0.07 acres
Lot Dimensions
100.00 x 30.00
Ownership
Fee Simple
Days on Market
21
MLS® Listing#
2616757R
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Basement
Parking
Patio
Lot Features
Construction
Roof
Other Structures
Community
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$6,707
Tax year 2025
Assessed Value
$251,300
Parcel Number
2300284000000006
Affordability Calculator
$123,000
Estimated monthly payment
$3,273/mo
Principal $492,000 · Est. interest $686,384 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in South River, NJ
- $526,374
- Median Listing Price
- 42
- Median Days on Market
- 1,601
- Median Sq Ft
- $310
- Median Price / Sq Ft
- 1,174
- Active Listings
- This home’s price is 17% above the area median.
- Its price per sq ft is 14% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in South River, NJ.
Location
- 23 East Street, South River, NJ 08882
Points of Interest in South River, NJ
Showing the South River area map.
Nearby Schools
South River Elementary School
Elementary · 0.5 mi away
South River Public Schools
School · 0.5 mi away
South River Middle School
Secondary · 0.5 mi away
South River High School
Secondary · 0.6 mi away
South River Primary School
Elementary · 0.6 mi away
Darul Arqam School
School · 0.6 mi away
Escola Infante D. Henrique
School · 1.1 mi away
Our Lady of Victories School
School · 1.2 mi away
Chittick Elementary School
Elementary · 1.3 mi away
East Brunswick Public Schools
School · 1.4 mi away
Primrose Schools
Elementary · 1.4 mi away
Central Elementary School
Elementary · 1.4 mi away
Woodrow Wilson Elementary School
Elementary · 1.5 mi away
Irwin Elementary School
Elementary · 1.5 mi away
East Brunswick High School
Secondary · 1.6 mi away
Cape Ann League
School · 1.8 mi away
East Brunswick Magnet High School
Secondary · 1.8 mi away
Hammarskjold Middle School
Elementary · 2.1 mi away
Center for Lifelong Learning
School · 2.2 mi away
Churchill Junior High School
Secondary · 2.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1961 Kwansan Court, Toms River, NJ | $434,900 | 2 | 2 | 1,737 |
| 12 Ely Court, Toms River, NJ | $434,900 | 2 | 2 | 1,366 |
| 615 BEACH BOULEVARD, FORKED RIVER, NJ | $434,999 | 3 | 2 | 1,180 |
| 615 Beach Boulevard, Forked River, NJ | $434,999 | 3 | 2 | 1,180 |
| 50 Paradise Boulevard, Toms River, NJ | $435,000 | 2 | 2 | 1,232 |
| 3598 Vicari Avenue, Toms River, NJ | $435,900 | 2 | 2 | 1,689 |
Moving Cost Estimate
EXIT Agents in South River
Listing Courtesy: PETRA BEST REALTY LLC - 7324421400