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Archived over 4 years ago

$684,900

5+ bd ba 2818 sqft

14 Nepote Place, Somerset, NJ 08873

Residential SFR Occupied

Current Rent **

N/A

Projected Rent **

$1

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

LISTED FOR SALE

Newly listed, this won’t last! This is a great home to raise a family, entertain family and friends both indoors and outdoors, and create memories that will last a lifetime!

For sports enthusiasts: parks, playgrounds, and golf courses within minutes. Or, if you want to just stay home, this is your own private playground! Home features one acre of open space in a private, well-landscaped, park-like setting, including a three-tier deck with a hot tub and a natural gas Weber grill and an in-ground pool surrounded by a large patio, all enclosed by classic aluminum fencing. Step inside to enjoy the spacious 5 bedroom home with 3 ½ baths, a full basement, and a 2-car garage leading out to a Belgium block driveway. Conveniently located just a few minutes from NJ Transit and Amtrak, Route 287 and Route 1.

Highlights:

First floor:

- Plenty of coat and storage space

- Half bath/powder room

- Formal dining room and office with bay windows

- Large family room with a wood burning fireplace

- First floor bedroom and full bathroom with shower

- Laundry room and secondary access to the backyard and pool

- Kitchen upgraded in 2014 with the highest quality materials/appliances and designed to maximize efficiency and convenience (e.g., 6’8”center island, self-closing drawers, quartz countertops, etc.)

Garage:

- Accommodates two cars, equipped with door openers

- Workbench and plenty of shelving for storage

- Refrigerator/freezer

Second Floor:

- Large master bedroom with skylights, a standard closet, and a walk-in closet. The master bedroom also features a large master bath with a Mediterranean-style center island his and hers sinks, custom tile, tiled floor, vaulted ceiling, etc. A must see!

- Three additional bedrooms with large closets

- One full bathroom with bathtub

- Hallway linen closet

Backyard:

- Large, well-lit, three-tier TimberTech deck with 6-person hot tub and cover

- Backyard has a fenced, in-ground swimming pool with many updates in the last three years (e.g., pool liner, heater, diving board, etc.)

- Aluminum and chain link fencing - four access gates with secure locking mechanisms

- Lots of open space surrounded by large trees

Additional Features:

- Attic – pull down ladder with access from the loft area

- Basement (measures approx. 40' x 30') houses the furnace and hot water heater. Waterproofed and sump pumps replaced 08/2019

- Roof replaced 09/2018 with new gutters and leaf guards.

Location:

14 Nepote Place, Somerset, NJ 08873

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.