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Dover Town,NJ 07801
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $367
MLS Listing ID 3991017
Style 2-Two Story
Bedrooms 4
Full Baths 3
Year Built 1930
Annual Tax Amount $7,171
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
Newly renovated and well-maintained legal two-family home offers an excellent investment opportunity with separate utilities and strong return potential. very low taxes. A rare find in today's market over 7.5% cap rate. Ideal for investors or an owner-occupant using FHA financing live in one unit while collecting rent from the other. The property features long-term tenants, separate entrances for each unit, and both units with Tenants in place with very good rental income. the future owner the flexibility to occupy or keep the tenants. Driveway parking up to 4-5 cars. Natural gas heating with separate meters for gas, electric, and water/sewer which Tenants pay. Not in a flood zone (no flood insurance required. Detail info to see the documents.
Location
State NJ
County Morris
Zoning Residential
Rooms
Basement Finished, Full
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Wood Floors
Heating Electric, Gas-Natural
Cooling Wall A/C Unit(s), Window A/C(s)
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features On Site, On-Street Parking, Separate Location
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle, Flat
Building
Lot Description Level Lot
Sewer Public Sewer, Sewer Charge Extra
Water Public Water, Water Charge Extra
Architectural Style 2-Two Story
Schools
Elementary Schools East Dover
Middle Schools North Dover
High Schools Dover H.S.
Others
Senior Community No