Description
Custom Built 3-bedroom Colonial with old world character and a rocking chair front porch on the Musconetcong River in mint condition. Presently set up as a legal two-family home, it can easily be converted back to a single-family home. This is the perfect home to live on one floor and rent the other to pay your mortgage or use as an In-Law Suite on the first floor. Separate entrances and electric meters, deck and porch, basement and walk-up attic, private rural location yet close to Rt 78 and NJ Transit Train Station. This is a one-of-a-kind home with majestic River views and frontage, fish, swim or put your boat in from your property, perfect for a home or investment property. This property is not in a flood zone and flood insurance is not required. Owned and loved for over 65 years by one Owner. Brand new 3 bedroom septic just installed. This property has a NOI of $30,433 at market rent, cap rate of 7.09% at list price.
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3BEDS
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0.89ACRES
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2BATHS
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01/2 BATHS
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1,856SQFT
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$231$/SQFT
School Information
Description
Custom Built 3-bedroom Colonial with old world character and a rocking chair front porch on the Musconetcong River in mint condition. Presently set up as a legal two-family home, it can easily be converted back to a single-family home. This is the perfect home to live on one floor and rent the other to pay your mortgage or use as an In-Law Suite on the first floor. Separate entrances and electric meters, deck and porch, basement and walk-up attic, private rural location yet close to Rt 78 and NJ Transit Train Station. This is a one-of-a-kind home with majestic River views and frontage, fish, swim or put your boat in from your property, perfect for a home or investment property. This property is not in a flood zone and flood insurance is not required. Owned and loved for over 65 years by one Owner. Brand new 3 bedroom septic just installed. This property has a NOI of $30,433 at market rent, cap rate of 7.09% at list price.
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