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43 S Main StreetAllentown, NJ 08501Price: $495,000

  • Price: $495,000
  • Est. Mortgage of $/month
  • 132 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.65% last updated on Aug 20, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • $495,000List Price
  • 2,029Square Feet
This is a fantastic opportunity to own income property in sought-after Allentown NJ. This duplex affords you the opportunity to have two income-producing units, or live in one side while collecting rent on the other! This two-story home sits right on Connies Millpond in downtown Allentown, with a deep backyard offering gorgeous water views. The lower unit is 1 bedroom, 1 bath and currently occupied on a lease for $2100/month. The upstairs unit is 1 bedroom/1 bath plus a spacious loft with many potential uses (bedroom, office, den, etc). It is vacant for an owner/user, but has the potential of $2500/month for an investor.
Listed by Joe DeLorenzo of RE/MAX Select - Princeton

Driving Directions

Railey Realty
Railey Realty
Office: 301-387-2000
2 Vacation Way
McHenry, MD 21541

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More Info

Location Information

  • UsmAreaAllentown - Allentown Boro
  • ViewLake

School Information

  • High SchoolAllentown
  • High School DistrictUpper Freehold Regional Schools
  • School District SourceListing Agent

Parking

  • Parking TypesOn Street

Basic Information

  • Date Listed04/14/2026

Property

  • Lot Size SourceEstimated
  • New Construction YNN
  • Number Of Units Leased1
  • Number Of Units Vacant1
  • Property ConditionVery Good
  • Property SubTypeDuplex
  • ZoningRESIDENTIAL

Interior

  • FlooringWood

Utilities

  • CoolingNone
  • Heat SystemSteam
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • UtilitiesElectric Available, Cable TV Available, Sewer Available, Water Available
  • Water HeaterNatural Gas
  • Water SourcePublic

Other

  • Appliances IncludedOven/Range - Electric, Refrigerator
  • Exclusionstenants personal property
  • Other UnitsUnit 1, Unit 2
  • View Count1

Basic Information

  • Broker NameRE/MAX Select - Princeton
  • List Price$495,000
  • LocationTypeDowntown
  • MLS Area MajorAllentown Boro
  • MLS NumberNJMM2004384
  • MLS Property TypeResidential Income
  • Price Per Square Foot244
  • StatusACT
  • Units2
  • Units FurnishedNone

Building

  • BasementPartial
  • Basement YNYes
  • Construction MaterialsFrame
  • FoundationBrick/Mortar
  • One Bedroom Units2
  • Property StyleVictorian
  • Square Feet2,029
  • Stories2
  • Structure Design TypeDetached
  • Year Built1900

Property Information

  • Area Total2,029
  • Area Total SourceEstimated
  • Below Grade Area Total SourceEstimated

Tax Information

  • Assessment Year2022
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$245,100
  • Tax Lot28
  • Tax Year2022
  • Taxes$7,424
  • Total Taxes Payment FrequencyAnnually

Location

  • Address43 S Main Street
  • Building Number43
  • CountyMonmouth
  • DirectionsMain St., street parking
  • IncorporatedcitynameAllentown Boro
  • Living Area SourceEstimated
  • StateNJ
  • TownAllentown
  • Water Oriented YNYes
  • Zip08501

Exterior

  • RoofAsphalt

Amenities

  • Other AmenitiesBasement, Waterfront, Water View
  • PoolNo Pool

Water Body

  • Water AccessYes
  • Water Body NameConines Millpond
  • Water Body TypeLake
  • Water View YNYes
  • WaterfrontYes

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 23, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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