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203 E Blackwell St Abc , Abc

Dover Town, NJ 07801
  • $725,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 3951885
$725,000
  • 6
    BEDS
  • 0.23
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,358
    SQFT
  • $307
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Rare Investment Opportunity " Spectacular 3-Family Home in Dover's Redevelopment Zone! This is a prime investment opportunity in the heart of Dover's thriving area! A true rare find, this versatile 3-family property offers immediate rental income, future growth potential, and multiple possibilities with C-1 zoning! Income-Producing Property: 3 separately metered rental units, ensuring maximized returns! Spacious & Functional Layout: Unit 1 (1st flr.: 1 Bedroom, Living Room, Dining Room, Kitchen & Bath " with a flexible front space that could be converted into an office or additional rental unit! Unit 2 (Side Unit): 2 Bedrooms, 2 Full Bathrooms " a spacious & rare layout perfect for tenants looking for extra comfort! Unit 3 (2nd Flr.): 3 Brs., 1 Bath " with a large open-concept Living & Dining area and 2 side doors for added accessibility! Extra-Deep 200' Lot " Off-street parking, prime development potential! Well-Maintained & Move-In Ready " Clean, renovated apartments with minor wear & tear, all well-maintained for continued investment success. Strong Rental Demand & Upside Potential " Solid rental income with room for escalations & increased ROI! Perfect for Investors, Developers, or Owner-Occupants Looking for Passive Income! Don't miss out on this incredible chance to own a high-demand property in Dover's growing market. Act now before this rare opportunity is gone! Purchase with adjoining property 207 E Blackwell @ $1,400,000 for the package!

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Garden State MLS logo © 2025 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 2025-05-22T23:46:15.997.
www.baerhomes.com/homes/161669780
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203 E Blackwell St Abc , Abc Dover Town, NJ 07801

  • Price: $725,000
  • Status: Active
  • On Site: 64 Days
  • MLS #: 3951885
6
Beds
3
Baths
1
½ Baths
0.23
Acres
2,358
SQFT
$307
$/SQFT
1900
Built
Neighborhood:
E Blackwell St. - S Salem
County:
Morris
Area:
Dover Town
Elementary School:
Academy St
Middle School:
Dover M.S.
High School:
Dover H.S.
Property Description
Rare Investment Opportunity " Spectacular 3-Family Home in Dover's Redevelopment Zone! This is a prime investment opportunity in the heart of Dover's thriving area! A true rare find, this versatile 3-family property offers immediate rental income, future growth potential, and multiple possibilities with C-1 zoning! Income-Producing Property: 3 separately metered rental units, ensuring maximized returns! Spacious & Functional Layout: Unit 1 (1st flr.: 1 Bedroom, Living Room, Dining Room, Kitchen & Bath " with a flexible front space that could be converted into an office or additional rental unit! Unit 2 (Side Unit): 2 Bedrooms, 2 Full Bathrooms " a spacious & rare layout perfect for tenants looking for extra comfort! Unit 3 (2nd Flr.): 3 Brs., 1 Bath " with a large open-concept Living & Dining area and 2 side doors for added accessibility! Extra-Deep 200' Lot " Off-street parking, prime development potential! Well-Maintained & Move-In Ready " Clean, renovated apartments with minor wear & tear, all well-maintained for continued investment success. Strong Rental Demand & Upside Potential " Solid rental income with room for escalations & increased ROI! Perfect for Investors, Developers, or Owner-Occupants Looking for Passive Income! Don't miss out on this incredible chance to own a high-demand property in Dover's growing market. Act now before this rare opportunity is gone! Purchase with adjoining property 207 E Blackwell @ $1,400,000 for the package!
Exterior Features

Approximate Lot Size 50X200 Color Of Building Yellow Exterior Description Vinyl Siding Exterior Features Metal FenceOpen Porch(es)Patio Lot Description Open Lot Number Of Parking Spaces 5 Parking Driveway Description 1 Car WidthAdditional ParkingBlacktopCircular Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Crawl SpaceFull Cooling NoneWallUnitWindowAC Heating 3 UnitsBaseboard - Hotwater Interior Features Carbon Monoxide DetectorHigh CeilingsVinyl-Linoleum FloorsWalk-In ClosetWood Floors Total Number Of Rooms 14 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasSmoke Detector Unit1 Baths 1.5 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsDining RoomEat-In KitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 750 Unit2 Appliances Equipment Carbon Monoxide DetectorDishwasherRange/Oven - GasRefrigerator Unit2 Baths 2.0 Unit2 Bedrooms 2 Unit2 Fireplaces 1 Unit2 Levels 1 Unit2 Room Description BedroomsDining RoomEat-In KitchenLaundry RoomLiving/Dining RoomMaster Bedroom Unit2 Rooms 6 Unit2 Sq Ft 1150 Unit3 Baths 1.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description AtticBedroomsKitchen Unit3 Rooms 5 Unit3 Sq Ft 548

Property Features

Assessment Total 334800 Building Assessment 72300 Building Number 203 Easement Unknown Expenses Include Hot & Cold WaterInsuranceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 66000 Land Assessment 262500 Net Operating Income 51600 Renovated Year 2024 Services Cable TV Available Sewer Public Sewer Tax Amount 10958 Tax Rate Amount 3.273 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 15000 Unit Style Triplex Unit1 Lease Expiration 2025-03-19 Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 1740 Unit2 Handicap Modified No Unit2 Lease Expiration 2025-11-30 Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1800 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Lease Expiration 2026-01-31 Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 2000 Unit3 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate Zoning C-1

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-200-4800.


Garden State MLS logo © 2025 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 2025-05-22T23:46:15.997.
 
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