BEDS5
BATHS3 full 1 partial
MLS#4059888
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
Verona. Two-family. 50 x 175 lot. Delivered vacant. That combination is rare in this town. Offered by the family and priced with the work in mind, this 1923 home has solid original bones, but it is dated, tired and sold as-is. The sellers will not make any repairs. That is the point. You are not paying for someone else's renovation or taste. You are paying for the land, the layout and the address. Unit 1 lives across the first and second floors: living room with a brick hearth and wood stove, formal dining room, kitchen with breakfast nook, 3 bedrooms and 2 full baths. Unit 2 owns the third floor with 2 bedrooms or 1 plus a living room, a full bath, its own kitchen and a private rear entry. Full basement with a half bath, laundry, sump pump and plumbing in place for a future shower. Separate electric meters, gas hot water baseboard heat, a detached 2-car garage for extra income or storage, a long driveway, a rear deck and a deep, level yard. Here is the play. Pull the carpets, lay new floors, redo the kitchens, add recessed lighting and central air. Ask about renovation loans that roll the work into one mortgage. Then live in one unit and let the other carry a real piece of the payment, or rent both. Per recent area leases, an updated Unit 1 could rent for an est. $3,300 to $3,800/mo and Unit 2 for $1,900 to $2,400/mo. Minutes to Route 23, Verona Park, the Town Center and downtown Montclair, with NJ Transit buses and Montclair-Boonton Line trains for the Manhattan commute.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Garage: 2
Heating: 2 Units, Baseboard - Hotwater
Lot Size: 0.20 Acres
Roof Type: Asphalt Shingle
Taxes: $13,593
Year Built: 1923
Amenities
Wood Floors
Deck
Open Porch(es)
Feature Descriptions
Days on Site: 2
Driveway: Blacktop, Driveway-Shared
Exterior: Vinyl Siding
Lot: Level Lot
Lot Dimensions: 0.20 acre(s)
Parking Notes: Detached Garage
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Water: Public Water
Local Schools
High School: VERONA
Middle School: WHITEHORNE
Listed By / Shown By
Listed By
Agency Name: THE AGENCY ONE ROCK
Agency Contact: 973-527-5393
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 3,083.61 per month $1,724.81 Principal & Interest $1,132.75 Property Tax $226.04 Homeowner's InsuranceChange Payment Information
68 Claremont Ave | MLS# 4059888
This multi-family property located at 68 Claremont Ave, Verona, NJ 07044 is currently listed for sale with an asking price of $775,000. Search Verona real estate on www.realtymark.net today.