106 New Jersey 15 Lafayette Township, NJ 07848
Estimated payment $3,020/month
About This Home
Fantastic investment opportunity or live-in rental in the heart of downtown Lafayette! Explore the many possibilities located with these two lots- one with house and second where existing house used to be in the Village commercial zoning section of Lafayette with 200' of road frontage.This charming two-family home features a 2 bed, 1 bath unit and a spacious 3 bed, 1 bath unit, with a great long term tenant, offering excellent income potential. Property boasts strong bones and endless upside with a 2024 roof. Perfectly situated within walking distance to local shops, cafes, park and amenities, this property offers convenience and lifestyle appeal. Enjoy the bonus of a large side yard- second lot formerly the site of an older home ideal for gardening, recreation, or potential future expansion (check with town zoning). Whether you're looking to rent both units or live in one and rent the other, this is a rare chance to get into an in-demand location with room to grow. Don't miss this value-packed opportunity in a high-potential area!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,960
Year Built
- Built in 1889
Parking
- 2 Parking Spaces
Home Design
- Wood Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Window Unit Cooling System
- Multiple Heating Units
- Heating System Uses Oil Above Ground
- Well
Additional Features
- Walk-Out Basement
- 0.81 Acre Lot
Community Details
- Net Operating Income $6,400
Listing and Financial Details
- Assessor Parcel Number 2813-00015-0000-00031-0000-
- Tax Block *
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Pending | -- | -- | -- |
| 06/29/2025 06/29/25 | For Sale | $400,000 | +122.2% | -- |
| 01/27/2020 01/27/20 | Sold | $180,000 | -5.2% | $67 / Sq Ft |
| 11/19/2019 11/19/19 | Pending | -- | -- | -- |
| 09/23/2019 09/23/19 | For Sale | $189,900 | -- | $71 / Sq Ft |
Source: Garden State MLS
MLS Number: 3972343
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