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18 Main St

Netcong Boro, NJ 07857
  • $350,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 3781612
New On Site 5 Days Ago
UPDATED: 48 min ago
$350,000
  • 9
    BEDS
  • 0.51
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Attention investors ..Great opportunity to own a Rooming House with a long history of income-producing. Located in the heart of Netcong. Features 8-rooms and 1-apartment. Current yearly Gross Income of over $69k for 2020 with a net of $42986. This is a turn-key operation with a property manager living on-premises.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-18T21:46:46.98.
www.baerhomes.com/homes/128622621
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18 Main St Netcong Boro, NJ 07857

  • Price: $350,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 48 min ago
  • MLS #: 3781612
9
Beds
2
Baths
0
½ Baths
0.51
Acres
1920
Built
Neighborhood:
Downtown
County:
Morris
Area:
Netcong Boro
Elementary School:
Netcong
Middle School:
Netcong
High School:
Lenape Vly
Property Description
Attention investors ..Great opportunity to own a Rooming House with a long history of income-producing. Located in the heart of Netcong. Features 8-rooms and 1-apartment. Current yearly Gross Income of over $69k for 2020 with a net of $42986. This is a turn-key operation with a property manager living on-premises.
Exterior Features

Approximate Lot Size 85X260 AV Color Of Building White Exterior Description Vinyl Siding Exterior Features SidewalkThermal Windows/Doors Garage Description Detached GarageOversize Garage Lot Description Level Lot Number Of Parking Spaces 6 Parking Driveway Description BlacktopDriveway-ExclusiveParking Lot-Exclusive Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Window A/C(S) Heating 1 Unit Interior Features BlindsCarpetingFire ExtinguisherSmoke DetectorTile Floors Total Number Of Rooms 9 Unit1 Appliances Equipment Carbon Monoxide DetectorSmoke Detector Unit1 Baths 0.0 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 0 Unit1 Room Description BedroomsKitchenLaundry RoomUtility Room Unit1 Rooms 0 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Carbon Monoxide DetectorSmoke Detector Unit2 Baths 0.0 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Levels 0 Unit2 Room Description Bedrooms Unit2 Rooms 0 Unit2 Sq Ft 0

Property Features

Assessment Total 318400 Building Assessment 199300 Easement Unknown Expenses Include ElectricInsuranceOilTaxes Fha Age Restricted No Fuel Type Oilabout Gross Operating Income 69156 Land Assessment 119100 Net Operating Income 42976 Services Cable Tv AvailableGarbage Included Sewer Public Sewer Tax Amount 9304 Tax Rate Amount 3.123 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 26180 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays HeatOwner Pays Water Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays HeatOwner Pays Water Unit2 Rent 0 Unit2 Security Deposit 0 Utilities ElectricGas In Street Water Public Water Water Heater Electric Year Built Description Approximate Zoning Bc

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Coldwell Banker Realty.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-05-18T21:46:46.98.
 
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Corcoran Baer & McIntosh
97 South Broadway
South Nyack NY, 10960