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    123 Park Ave

    Madison Boro, NJ 07940
    • $599,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 3708693
    UPDATED: 152 min ago
    $599,000
    • 3
      BEDS
    • 0.19
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,300
      SQFT
    • $461
      $/SQFT
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Information

    Middle School:
    High School:

    Description

    Great investment property! Legal 2 family home convenient to town, trains and school. Rents are currently lower than market value as landlord has not increased yearly, rent includes heat and water. House is in as is condition! Tenants pay cooking gas. Landlord pays heat and water.

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    © 2021 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 eXp Realty. 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 eXp Realty 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 2021-05-14T06:47:20.64.
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    123 Park Ave Madison Boro, NJ 07940

    • Price: $599,000
    • Status: Active
    • Updated: 152 min ago
    • MLS #: 3708693
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.19
    Acres
    1,300
    SQFT
    $461
    $/SQFT
    1940
    Built
    County:
    Morris
    Area:
    Madison Boro
    Middle School:
    Madison Jr
    High School:
    Madison
    Property Description
    Great investment property! Legal 2 family home convenient to town, trains and school. Rents are currently lower than market value as landlord has not increased yearly, rent includes heat and water. House is in as is condition! Tenants pay cooking gas. Landlord pays heat and water.
    Exterior Features

    Approximate Lot Size 0.190 AC Color Of Building Cream Exterior Description Vinyl Siding Exterior Features DeckEnclosed Porch(Es)Open Porch(Es) Garage Description Detached Garage Lot Description Level Lot Number Of Parking Spaces 4 Parking Driveway Description AssignedOff-Street Parking Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description Bilco-Style DoorUnfinished Cooling 1 UnitCentral AirWall A/C Unit(S) Heating 1 UnitRadiators - Steam Interior Features Carbon Monoxide DetectorCarpetingFire ExtinguisherSmoke Detector Total Number Of Rooms 6 Unit1 Appliances Equipment Carbon Monoxide DetectorDishwasherDryerRange/Oven - GasRefrigeratorSmoke DetectorWasher Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenFamily RoomLiving RoomPorchSunroom Unit1 Rooms 3 Unit1 Security Deposit 2512 Unit1 Sq Ft 660 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 2 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenFamily Room Unit2 Rooms 3 Unit2 Sq Ft 643

    Property Features

    Assessment Total 342900 Building Assessment 162500 Building Number 123 Easement Unknown Expenses Include HeatInsuranceMaintenanceTaxes Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 38700 Home Warranty No Land Assessment 180400 Net Operating Income 32553 Renovated Year 2005 Services Cable Tv AvailableFiber Optic AvailableGarbage Included Sewer Public Sewer Tax Amount 6875 Tax Rate Amount 2.005 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 6147 Unit Style 2-Two Story Unit1 Owner Tenant Pays Tenant Pays Electric Unit1 Rent 1675 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays Electric Unit2 Rent 1550 Unit2 Security Deposit 2325 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate

    Listing information © 2021 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2021 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 eXp Realty. 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 eXp Realty 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 2021-05-14T06:47:20.64.
     
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    eXp Realty
    28 Valley Rd Suite 1
    Montclair NJ, 07042