BEDS6
BATHS3 full 1 partial
MLS#4026904
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
Welcome to this beautifully renovated 2-family home in the heart of Dover, NJ, a rare find for the savvy investor or owner-occupant looking to offset their mortgage and build long term wealth. With market rents at $3,800/month per unit, this property delivers an impressive 10% cap rate. Live in one unit and let your tenant cover the bulk of your mortgage, dramatically reducing your cost of living while your investment appreciates. The owner-occupied unit was taken down to the studs with new insulation, sheetrock, plumbing, luxury vinyl plank flooring, recessed lighting, and new light fixtures throughout. Soaring 9-foot ceilings, two beautifully renovated bathrooms, and a finished attic serving as a 4th bedroom and recreation room add serious square footage and flexibility for any lifestyle. The second unit mirrors the first, featuring luxury vinyl plank floors, 9-foot ceilings, fresh paint, and updated finishes throughout, move-in ready and highly rentable from day one. Both units have fully separate utilities and mechanicals, keeping operating costs cleanly divided between tenants. Steps from Dover's vibrant downtown, shops, restaurants, major highways, and the NJ Transit direct train to NYC, this is an easy sell to commuter tenants and a lifestyle win for owner-occupants. Classic Victorian charm, bay windows, covered porches, and a detached 2-car garage complete this exceptional package. Properties at this cap rate don't last.
Property Features
Property Type: Multi Unit - Multiple
Basement: Bilco-Style Door, Full, Walkout
Basement: Yes
Fuel Type: Gas-Natural
Garage: 2
Heating: 2 Units, Baseboard - Hotwater
Lot Size: 0.12 Acres
Roof Type: Asphalt Shingle
Taxes: $10,312
Year Built: 1910
Amenities
Carbon Monoxide Detector
Smoke Detector
Tile Floors
Wood Floors
FencVnyl
Feature Descriptions
Days on Site: 3
Driveway: 1 Car Width, Blacktop
Exterior: Vinyl Siding
Lot Dimensions: 0.12 acre(s)
Parking Notes: Detached Garage
Sewer: Public Sewer
Utilities: Electric, Gas-Natural
Water: Public Water
Local Schools
High School: Dover H.S.
Middle School: Dover M.S.
Listed By / Shown By
Listed By
Agency Name: X REALTY CORP.
Agency Contact: 973-298-0838
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 2,747.26 per month $1,669.17 Principal & Interest $859.33 Property Tax $218.75 Homeowner's InsuranceChange Payment Information
82 Pequannock St | MLS# 4026904
This multi-family property located at 82 Pequannock St, Dover, NJ 07801 is currently listed for sale with an asking price of $750,000. Search Dover real estate on www.realtymark.net today.