$599,000

Estimated payment $4,244/month

Total Views 5,892
9 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • 3-minute walk to Netcong
  • Level Lot
  • Oversized Parking
  • Private Driveway
  • Wood Siding

About This Home

Attention investors ..Great opportunity to own this Turn-Key operation Rooming House with a long history of rental income. Located in the heart of Netcong. Features 8-rooms, 1-apartment, and an oversized garage. Situated on beautiful level half acre lot. Net profit in 2024 was over $45k.

Listing Agent

Ilene Horowitz

COLDWELL BANKER REALTY Brokerage Phone: 973-229-0087

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,879

Year Built

  • Built in 1920

Lot Details

  • 0.51 Acre Lot
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Private Driveway
  • Parking Lot

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Blinds
  • Fire and Smoke Detector
  • Unfinished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Storage Shed

Schools

  • Netcong Elementary And Middle School
  • Lenape Vly High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Standard Electricity
  • Electric Water Heater

Community Details

  • Net Operating Income $44,376

Listing and Financial Details

  • Assessor Parcel Number 2328-00015-0000-00036-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,879

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1920
  • Year Built Description: Approximate
  • County Name: Morris
  • Street Number Display: 18
  • Directions: ROUTE 46, TO MAIN STREET
  • I D: 5345094
  • Modified: 2025-04-17
  • Number Images: 8
  • Section Subdiv Development: Downtown
  • Attribution Contact: 973-229-0087
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Blinds, Carpeting, Fire Extinguisher, Smoke Detector, Tile Floors
  • Total Number Rooms: 9
  • Bedrooms: 9
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding, Wood
  • Exterior Features: Sidewalk, Storage Shed
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage, Oversize Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 10
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive, Parking Lot-Exclusive

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: OilAbOut
  • Heating: 1 Unit, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Netcong
  • Middle School: Netcong
  • High School: Lenape Vly
  • High School: Lenape Vly
  • Middle Jr High School: Netcong

Lot Info

  • Lot Size: 85X260 AV
  • Assessed Improvement Value: 199300
  • Assessed Land Value: 119100
  • Assessment: 318400
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 36
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.51
  • Zoning: BC

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10879
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2328-00015-0000-00036-0000-
  • Tax Rate Amount: 3.417
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

MLS Schools

  • Grade School: Netcong

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,975 $318,400 $119,100 $199,300
2023 $10,975 $318,400 $119,100 $199,300
2022 $9,943 $318,400 $119,100 $199,300
2021 $9,943 $318,400 $119,100 $199,300
2020 $9,305 $302,500 $169,600 $132,900
2019 $8,857 $302,500 $169,600 $132,900
2018 $8,328 $302,500 $169,600 $132,900
2017 $8,001 $302,500 $169,600 $132,900
2016 $7,783 $302,500 $169,600 $132,900
2015 $7,499 $302,500 $169,600 $132,900
2014 $7,172 $302,500 $169,600 $132,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 Price Changed $599,000 -6.4% --
03/19/2025 03/19/25 For Sale $639,900 +71.8% --
08/01/2022 08/01/22 Sold $372,500 +6.4% $171 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $350,000 -- $160 / Sq Ft
Source: Garden State MLS

Deed History

Date Type Sale Price Title Company
Deed $372,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 New Conventional
Source: Public Records

Source: Garden State MLS

MLS Number: 3951719

Garden State MLS

APN: 28-00015-0000-00036