Properties

Description

Rare opportunity to own a well-maintained, income-producing legal two-family home generating over $5,500 per month in rental income with a strong 7%+ cap rate. One unit is recently renovated, with 3 porches around for extra spaces. Another units is in good condition with long term tenant in place and good rent rent income. This property is ideal for investors seeking immediate cash flow or owner-occupants utilizing FHA financing while offsetting housing costs with rental income.The home features separate utilities for each unit, including gas, electric, water, and sewer, allowing tenants to pay their own expenses. Additional highlights include a two-car garage, ample driveway parking, a full basement with laundry possible and storage areas, a spacious backyard, patio, and potential future development opportunities, including possible lot subdivision (buyer to perform due diligence).

Features

  • Heating System : 2 Units
  • Cooling System : Wall A/c Unit(s)
  • Basement : Unfinished, Walkout
  • Roof Deck : Asphalt Shingle
  • Parking : 5
  • Parking Description: 2 Car Width, Blacktop
  • Interior Features: See Remarks, Tile Floors
  • Exterior Features: Enclosed Porch(es), Patio, Sidewalk
  • Lot Description: Open Lot, Wooded Lot
  • Tax Assessed Valuation: 271900
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural
  • Internet

Additional Info

  • Office Name: ELITE REALTORS OF NEW JERSEY
  • Office MLS ID: 3569
  • Agent ID: 267241
  • Tax: 9489
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$699,000

209 W Chrystal St Ab, Dover Town, *

  • SQFT 22,046 Acre
  • Bedroom 5
  • Built Year 2026

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5439983
  • Price: $699,000
  • Bedrooms: 5
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 2026
  • Year Built Description: Renovated
  • Lot Area: 22,046 Acre
  • Status: Active
  • Days On Market: 80

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Morris
  • City Dover Town
  • Zipcode *
  • Street: W Chrystal St Ab
  • Street Number: 209
  • Street Direction: R10 west - Right to S Morris st, - left to W Chrys
  • Floor Number: 0
  • Longitude: W75° 26' 27.3''
  • Latitude: N40° 52' 23.8''
  • Internet Display Address: Yes
Property