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Newly Constructed Two-Story 3-Building Duplex 29 Dover Ave 6 Unit Apartment Building $1,800,000 ($300,000/Unit) 6.45% Cap Rate Ewing, NJ 08638



Investment Highlights
- Brand New Construction - Delivered with CO on or About March 1st, 2026
- Units will come furnished with Range Stove, Refrigerator, Microwave, Dishwasher, Washer & Dryer, & Tankless Instant Water Heater.
- Each Unit is Separately Metered.
- 6 Units - 2 Bed / 1.5 Bathroom Floor Plans with Living Room Area, Kitchen Area, Dining Room Area & Private Backyard Are for Each Unit.
- Each Unit will have a Super-Efficient 14 Seer Aire Flo HVAC Unit.
- 9 Private Parking Spaces with One EV charger per unit, 6 Total - Powered from each individual unit.
Executive Summary
BRAND NEW TO THE MARKET!
29-39 Dover Avenue, Ewing, NJ 08638
Newly Constructed Two-Story 3-Building Duplex Development Project Totaling 6 Units for Sale
Building will be delivered with CO on or about March 1st, 2026.
FOR SALE:
» Asking Price: $1,800,000.00
» Projected NOI: $116,132.28
» Projected CAP Rate: 6.45%
» Estimated Delivery Date: March 1, 2026
UNIT INFORMATION:
• 6 Modern Units - (3 Buildings) – Each Building is 2,138 SF – Total SF is 6,414 SF.
• Each Unit is a total of 871 SF of Livable Space with a Porch Area of 198 SF.
o First Floor: 453 SF
o Second Floor: 418 SF
o Covered Porch: 97 SF
o Open Porch: 101 SF
o Total SF: 1,069 SF
• Each Unit has 2 Bed / 1 and a Half Bathroom Floor Plans with Living Room Area, Kitchen Area, & Dining Room Area.
• Units will come furnished with Range Stove, Refrigerator, Microwave, Dishwasher, Washer & Dryer, & Tankless Instant Water Heater.
• Each Unit will have a Super-Efficient 14 Seer Aire Flo HVAC Unit.
• 9 Private Parking Spaces with One EV charger per unit, 6 Total - Powered from each individual unit.
• Additional paved area currently unstriped and not approved but potential for overflow parking in the future.
• Private Backyard Area for Each Unit.
Please see Offering Memorandum for additional information and projected financials.
Reach out to Matt Miller - Legacy Commercial Realty
Cell: 908-770-0686
Email: matt@legacyrealtynj.com
29-39 Dover Avenue, Ewing, NJ 08638
Newly Constructed Two-Story 3-Building Duplex Development Project Totaling 6 Units for Sale
Building will be delivered with CO on or about March 1st, 2026.
FOR SALE:
» Asking Price: $1,800,000.00
» Projected NOI: $116,132.28
» Projected CAP Rate: 6.45%
» Estimated Delivery Date: March 1, 2026
UNIT INFORMATION:
• 6 Modern Units - (3 Buildings) – Each Building is 2,138 SF – Total SF is 6,414 SF.
• Each Unit is a total of 871 SF of Livable Space with a Porch Area of 198 SF.
o First Floor: 453 SF
o Second Floor: 418 SF
o Covered Porch: 97 SF
o Open Porch: 101 SF
o Total SF: 1,069 SF
• Each Unit has 2 Bed / 1 and a Half Bathroom Floor Plans with Living Room Area, Kitchen Area, & Dining Room Area.
• Units will come furnished with Range Stove, Refrigerator, Microwave, Dishwasher, Washer & Dryer, & Tankless Instant Water Heater.
• Each Unit will have a Super-Efficient 14 Seer Aire Flo HVAC Unit.
• 9 Private Parking Spaces with One EV charger per unit, 6 Total - Powered from each individual unit.
• Additional paved area currently unstriped and not approved but potential for overflow parking in the future.
• Private Backyard Area for Each Unit.
Please see Offering Memorandum for additional information and projected financials.
Reach out to Matt Miller - Legacy Commercial Realty
Cell: 908-770-0686
Email: matt@legacyrealtynj.com
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Car Charging Station
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 6 | - | - |
1 1
Property Taxes
| Parcel Number | 02-00025-0000-00083-01 | Improvements Assessment | $0 |
| Land Assessment | $21,200 | Total Assessment | $21,200 |
Property Taxes
Parcel Number
02-00025-0000-00083-01
Land Assessment
$21,200
Improvements Assessment
$0
Total Assessment
$21,200
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Newly Constructed Two-Story 3-Building Duplex | 29 Dover Ave
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