$525,000
●
Multifamily -
For Sale
207 Lincoln Avenue
Dunellen, NJ 08812
Studio
0 Bath
$3,438
Estimated Monthly
2.61%
Cap Rate
About This Property
This is a great opportunity to invest in your future. Enjoy the
benefits of being the landlord of a fully rented over/under two
family home ideally located in a choice neighborhood close to the
center of everything like downtown Dunellen, public transportation,
schools, and major highways. Each 2 bedroom unit is leased until
the end of the year. The first floor unit features a spacious
updated Kitchen plus a side room with several possible uses like an
office or Dining Room or small Den. This unit's tenant also
enjoys the exclusive use of the screened rear porch, driveway and
full unfinished basement with the laundry hooks-ups(washer
and dryer sold in as is'' condition/ landlord owned).
Upstairs, in unit2, the Kitchen was updated in 2024 with new
flooring , cabinets and counters. Both Weil Mclain heating
units are newer, the water heater replaced 2018. Although the
basement is normally dry, there is a sump pump and a watered
powered back-up just in case. The detached garage has
potential for added income. At the present, landlord use
only.
Unit Size
-
Days on Market
30 days
Land Size
0.17 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$860
HOA Dues
-
Year Built
1925
Listed By
Last updated: 30 days ago (CJMLS #2411972R)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 17, 2024 | Listed by ERA BONIAKOWSKI REAL ESTATE | $525,000 | |
Listed by ERA BONIAKOWSKI REAL ESTATE |
Property Highlights
Garage
Parking Available
Parking Details
Has Garage
Parking Features: Garage, Detached, Garage Door Opener, 1-2 Car Parking, On Street
Garage Spaces: 1
Interior Details
Interior Information
Interior Features: Unit 1(Dining Room, 2 Bedrooms, Kitchen, Laundry Hookup, 1 Bath, Living Room, See Remarks), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room)
Appliances: Water Heater(Gas), Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Range/Oven, Refrigerator)
Flooring Type: Unit 1 Carpet, Unit 2 Carpet
Room Information
Rooms: 9
Basement Information
Basement: Full, Exterior Entry, Storage Space, Tenant Use, Interior Entry, Laundry Facilities
Exterior Details
Exterior Information
Porch(es) - Enclosed, Curbs, Door(s)-Storm/Screen, Sidewalk, Windows - Insulated Pane, Yard, Semi-Private Entry, Storage Area-Private
Exterior Features: Array
Property Information
PropertySubType: 2 Family
Building Information
Stories (Total): 2
Window Features: Insulated Windows
Patio and Porch Features: Enclosed
Lot Information
Lot Size Area: 0.1722
Lot Size Acres: 0.1722
Parcel Number: 0300031000000028
Land Information
Water Source: Public
Financial Details
Tax Annual Amount: $10,317
Tax Year: $2,023
Utilities Details
Utilities: Electricity Connected, Natural Gas Connected
Cooling Type: Ceiling Fan(s), See Remarks
Heating Type: Radiators-Steam, Separate Furnaces
Sewer : Public Sewer
Location Details
Community Features: Curbs, Sidewalks
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
![207 Lincoln Avenue](https://photos.realtyhop.com/p/s/990x990/32241189_dd5f71e3bda1187f32b00fa00d3d4e6753a1b10d65928fa65203e73e935d3453.webp)