$474,900
PENDING

1055-1057 Rt521 Stillwater Twp., NJ 07860

Estimated payment $3,036/month

Total Views 8,626
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Level Lot
  • Wood Siding
  • 3-minute walk to Swartswood State Park

About This Home

Extremely well taken care of investment property with 3 units fully rented & a current Cap Rate based on asking price of 7%. Low taxes. Located in the quiet rural area of Stillwater this property has 2 buildings. Option to live in one and rent other 2. The smaller building (unit 1) has 1-bedroom & 1 bathroom while the 2-family property has 1 bedroom & 1 bathroom on the ground floor level (unit 2) & 2 bedrooms & 1 bathroom upstairs (unit 3). A fantastic turnkey Investment property!

Listing Agent

John D. Ryan

MOUNTAIN PROPERTIES CRYSTAL Brokerage Phone: 973-827-7725 Listed on: 05/08/2025

MOUNTAIN PROPERTIES CRYSTAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,454

Year Renovated

  • 2005

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Basement

  • Partial Basement

Parking

  • 6 Parking Spaces
  • Stone Driveway
  • Additional Parking

Schools

  • Stillwater Elementary And Middle School
  • Kittatinny High School

Utilities

  • Multiple Heating Units
  • Heating System Uses Oil Above Ground
  • Standard Electricity
  • Well
  • Septic System

Community Details

  • Net Operating Income $33,501

Listing and Financial Details

  • Assessor Parcel Number 2820-01801-0000-00012-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,454

Year Renovated

2005

Lot Details

0

Listing Details

  • Unit Style: 1-One Story, 2-Two Story
  • Year Built: 9999
  • Year Built Description: Unknown
  • County Name: Sussex
  • Directions: Rt 622 from Newton to Stillwater Rt 521
  • I D: 5356238
  • Attribution Contact: 973-827-7725
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2005

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Partial

Exterior Features

  • Exterior Description: Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 6
  • Parking Driveway Description: Additional Parking, Crushed Stone

Utilities

  • Fuel Type: Electric, Oil Tank Above Ground - Outside
  • Heating: 2 Units
  • Sewer: Septic
  • Utilities: Electric
  • Water: Well

Schools

  • High School: KITTATINNY
  • Middle Jr High School: STILLWATER

Lot Info

  • Lot Size: 73X138 AV
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.23
  • Zoning: Residential

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 6454
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2820-01801-0000-00012-0000-
  • Tax Rate Amount: 3.628
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

MLS Schools

  • Grade School: STILLWATER

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Pending -- -- --
10/13/2025 10/13/25 Price Changed $474,900 -4.1% --
05/08/2025 05/08/25 For Sale $495,000 -- --
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 3961773

Garden State MLS
New Jersey Sussex County Fredon 07860

1055-1057 Rt521, Fredon, NJ

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John D. Ryan
Listing Agent
John D. Ryan
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MOUNTAIN PROPERTIES CRYSTAL
(862) 310-1925