16 E Elro Dr
Jefferson Twp, NJ 07438
Price: $699,900
GSMLS: 3761954Type: Multi-Family
Style: 1-One Story, See Remarks
Total Units: 4
Beds: 6
Baths: 5 Full
Garage: No
Year Built: 1960
Acres: 0.34
Property Tax: $7,979
Description
5 Unit Multi-family Property Offering 3 Standalone Structures -- 16 E Elro, 18 E Elro And 20 E Elro. The 16 E Elro 2-family, Lakeview Property Consists Of A 1 Br, 1-bath Unit On The 1st Floor And A 2-br, 1-bath Unit On The 2nd Floor. 18 E Elro Is A Stand-alone Cottage With An Open Floor Plan And 1-bath. 20 E Elro Is A Side-by-side, 2-family Dwelling With 1-br And 1-bath Unit On Each Side. These 3 Structures Offer A Terrific And Rare Investment Opportunity. When Fully Rented, The Annual Gross Income Is Over $66,500, Annual Expenses Are Approximately $12,500 All Dwellings Are On One Lot As Per Seller.
General Info
Style:
1-One Story, See Remarks
SqFt Building:
n/a
Total Rooms:
16
Basement:
No
Interior:
Carbon Monoxide Detector, Fire Extinguisher, See Remarks, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
See Remarks, Wood
Lot Size:
n/a
Lot Desc:
Corner, Lake/Water View, Open Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Common, Dirt
Spaces Available:
6
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
2
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
1 Unit
Heating Fuel:
GasPropL,OilAbIn
Cooling:
None
Water Heater:
n/a
Water:
Well
Sewer:
Septic
Utilities:
Electric, Gas-Propane
Services:
Cable TV Available
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Morris
Town:
Jefferson Twp.
Neighborhood:
Oakridge
Financial Considerations
List Price:
$699,900
Tax Amount:
$7,979
Land Assessment:
$102,500
Build. Assessment:
$183,100
Total Assessment:
$285,600
Tax Rate:
2.79
Tax Year:
2021
Listing Information
MLS ID:
3761954
List Date:
02-02-2022
Days On Market:
422
Listing Broker:
REALTY EXECUTIVES EXCEPTIONAL
Listing Agent:
Christopher L. Bruscino
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
