CCertihomes
48 E Walnut Street N, Metuchen, NJ 08840

$499,000

2 beds 1 baths 1 days on marketActive

About this home

Metuchen Opportunity: Come with Plans & Prime Location This is a rare chance to secure a "ready-to-go" building site in one of Metuchen's most desirable neighborhoods. Offered by Grand Home Investments, this property features an exceptional, no-variance lot, perfectly positioned for a high-end new construction or a strategic "reno-build" to maximize tax savings. What sets this opportunity apart is the flexibility it offers for the next phase. The property comes with approved plans included, allowing you to skip the red tape and move straight to construction. Whether you are a developer looking to build the project yourself using the existing approvals (or your own designs), or a retail buyer looking for a custom home without the stress, the choice is yours. As builders specializing in beautiful custom homes, Grand Home Investments is also available to handle the construction for you. You can purchase the lot and partner with us to bring the approved plans to life, ensuring a seamless, professional experience from the initial sale to the final walkthrough. This is a straightforward, shovel-ready project in a fantastic area, designed to offer a smooth transition for anyone looking to build high-quality real estate in Metuchen.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$4,997/mo

Real estate (PITI + HOA + PMI)
$4,714
Principal + interest$3,215
Property tax + insurance$1,312
PMI / 2nd mortgage$187
Utilities
$525
Heating + cooling$152
Internet + TV + phone$157
Water + sewer + garbage$32
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$4,997/mo TLC
Budget$5,497/mo
Remaining after TLC$500/mo
Purchase price
$499,000
Down payment
$24,950 (5%)
Loan amount
$474,050
APR
7.19%

Quick facts

Type
Single Family Residence
Style
Colonial, Contemporary
Year built
Lot size
Stories
2
Heating
Forced Air
Cooling
Central Air
Water
Public
HOA
Annual tax
$8,906
MLS #
2661765M
County
Middlesex

At a glance

Air conditioning
Basement
Garage (1)

Home features

Appliances
Gas Water Heater
Interior
Dining RoomKitchenLiving Room2 BedroomsBath FullNone
Parking
2 Car WidthAttached
Kitchen
Separate Dining Area
Dining
Formal Dining Room
Flooring
Laminate, Wood
Roof
Asphalt
Sewer
Public Sewer
Ownership
Sole Proprietorship

Lot features

Interior Lot, Level

Neighborhood — 08840

MetricThis ZIPCountyUSA
Population12,5058,832,837299,088,112
Population Change Since19908.00%14.00%20.00%
Population Density3,9731,137
Male6,1484,307,827147,432,321
Female6,3574,525,010151,655,844
Never Married2,4091,965,81163,775,926
Married5,9623,647,435123,120,365
Separated248391,23912,639,686
Widowed685515,17215,467,586
Divorced714529,39323,075,029
Number Of House Hold4,6383,167,345111,826,380
Average House Hold Size2.692.732.60
Medial Age38.8337.1535.46
Median House Hold Income$91,148$63,392$48,276
Average House Hold Income$116,452$83,312$63,629
P C I$43,580$30,662$24,529
M D I$71,699$52,505$41,133
A T H E$78,902$61,369$50,898
S T R7.00%7.00%
W C J78.69%81.02%77.74%
(Zip) Code
8840

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 4/22/2026. Provided courtesy of NATIONWIDE HOMES REALTY LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

48 E Walnut Street N · Metuchen — $499,000 · Certihomes