105 Thompson Ave

Dover Town, NJ 07801


 

Price: $589,000

GSMLS:  3939015
Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 6
Baths: 3 Full
Garage: No
Year Built: 2010
Acres: 0.12
Property Tax: $5,227
Description
The Property Is Located At 105-107 Thompson Ave And Offers A High-cap Return Of Over 9%, Very Low Taxes. A Rare Find In Today's Market! Unit 105 Rents Will Be $3,200/month,starting April 2025, While Unit 107 Has The Potential To Generate $1,600/month If The New Owner Chooses To Place A Tenant Before Closing.this Well-maintained And Renovated Legal Two-family Home Presents A Prime Investment Opportunity With Separate Utilities And Strong Income Potential. Each Unit Features Private Front And Back Entrances, Ensuring Tenant Privacy.property Is Not In A Flood Zone " No Flood Insurance Required. Hardwood Floors In All Bedrooms & Living Rooms, Tile Flooring In Bathroom/ Kitchens. Natural Gas Heating With Separate Meters For Gas, Electric, And Water/sewer.all Utilities, Including Water And Sewer Are Paid By Tenants.recent Upgrades:major Renovation In 2011.new Roof Installed In December 2022.newer Hot Water Heaters For Both Units.unit 105 (second Floor & Upstairs) " 4 Bedrooms, 2 Full Bathrooms, Living/family Room, Eat-in Kitchen, Backyard Access. Currently Occupied On A Month-to-month Lease With The Possibility Of Vacancy At Closing. Unit 107 (first Floor) " 2 Bedrooms, 1 Bathroom, Living Room, Kitchen. Currently Vacant, Allowing The New Owner To Place A Tenant Immediately.for Additional Information, Please Refer To The Listing Under Media Documents. Don't Miss Out On This High-yield Investment Opportunity! Seller Can Deliver Either One Or Both Units Vacant At Closing.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
13
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
See Remarks, Vinyl Siding
Lot Size:
50X106
Lot Desc:
Irregular Lot
Parking
Garage Capacity:
No
Description:
None
Parking:
Off-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Family Room, Kitchen, See Remarks
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
2
Total Rooms:
8
Room Description:
Bedrooms, Eat-In Kitchen, Family Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator, See Remarks
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
1
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
Cable TV Available, Fiber Optic Available, Garbage Included
School Information
Elementary:
n/a
Middle:
Dover Middle School (7-8)
High School:
Dover High School (9-12)
Community Information
County:
Morris
Town:
Dover Town
Neighborhood:
2 family with 105 a
Financial Considerations
List Price:
$589,000
Tax Amount:
$5,227
Land Assessment:
$86,400
Build. Assessment:
$79,200
Total Assessment:
$165,600
Tax Rate:
3.27
Tax Year:
2024
Listing Information
MLS ID:
3939015
List Date:
12-26-2024
Days On Market:
46
Listing Broker:
ELITE REALTORS OF NEW JERSEY
Listing Agent:
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BerkshireHillsLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox