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194 Washington St, Rocky Hill, NJ, 08553

4beds
2baths
0sqft
$599,999
--price/sqft
$4,495/moest. monthly cost
$179,800/yrincome needed

About This Home

Rare investment opportunity in historic Rocky Hill! Ideal for investors or owner-occupants seeking a rental offset, the property features 2 spacious units, each with 2 bedrooms and separate utilities. One unit boasts recent updates including laminate plank flooring and recessed lighting.Location is unbeatable: minutes from Downtown Princeton and the Princeton Airport. Residents will enjoy the convenience of brand-new shopping centers nearby and easy access to the D&R Canal State Park. Situated in the top-rated Montgomery Township School District, this home offers strong rental demand and long-term value. Ample off-street parking via private driveway and a serene lot backing to parkland. Sold in as-is condition. Truly a turn-key addition to any portfolio in one of Somerset County's most desirable boroughs!

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

9/10
10/10
8/10
Montgomery High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range/Oven - Gas,Refrigerator,Oil Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Partially Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Bedrooms,Kitchen,Living Room,Ceiling Fan(s)

Heating

  • Heating features: 1 Unit,Radiant - Hot Water,Gas-Propane Leased,Oil Tank Above Ground - Outside

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 2717000040000000480000

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,662 sqft
  • Lot size dimensions: 0.1318 ACRE

Parking

  • Parking features: On Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$232$2,784
Property Taxes $1,033$12,396
Electricity $197$2,370
Total$4,495$53,940
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$154,114/yr
40% on housing$134,850/yr
45% on housing$119,866/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 08553$315
Somerset County$343

vs Homes Sold Last Month

Median $/sqft

ZIP 08553$558
Somerset County$348

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$599,999
2025-04-21Listing removed$2,494
2025-03-31Listed for rent$2,494
2024-09-13Listing removed$2,315
2024-08-11Price change$2,315
2024-08-01Listed for rent$2,475
2023-02-22Sold$459,900
2023-01-09Pending sale$449,900
2022-08-09Price change$449,900
2022-06-08Price change$459,900
2022-04-05Price change$479,900
2022-02-17Listed for sale$499,900
2010-08-23Sold$230,000
1997-08-29Sold$129,000

For Sale by Agent

AgentAndrew Montoya
BrokerageHighmark Real Estate

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