82 Pequannock St
Dover Town, NJ 07801
Price: $750,000
GSMLS: 4026904Type: Multi-Family
Style: Duplex-Side by Side
Total Units: 2
Beds: 6
Baths: 3 Full & 1 Half
Garage: 2-Car
Year Built: 1910
Acres: 0.12
Property Tax: $10,312
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.
General Info
Style:
Duplex-Side by Side
SqFt Building:
3,180
Total Rooms:
15
Basement:
Yes - Bilco-Style Door, Full, Walkout
Interior:
Carbon Monoxide Detector, Smoke Detector, Tile Floors, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
50X100
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
1 Car Width, Blacktop
Spaces Available:
5
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
8
Room Description:
Attic, Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dryer, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
8
Room Description:
Attic, Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner 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:
n/a
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:
n/a
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:
n/a
Financial Considerations
List Price:
$750,000
Tax Amount:
$10,312
Land Assessment:
$64,900
Build. Assessment:
$230,600
Total Assessment:
$295,500
Tax Rate:
3.49
Tax Year:
2025
Listing Information
MLS ID:
4026904
List Date:
05-12-2026
Days On Market:
1
Listing Broker:
X REALTY CORP.
Listing Agent:
Christian Rugel
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
