Skip To Content

161 Route 46

Washington Twp., NJ 07840
  • $525,000
  • STATUS: Active Under Contract
  • ON SITE: 65 Days
  • MLS #: 3856538
Under Contract
UPDATED: 41 min ago
$525,000
  • 6
    BEDS
  • 1.35
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1925
County:

School Information

Elementary School:
Middle School:
High School:

Description

3 Family income property, 1 of a kind opportunity on 1.35 Acres for quiet living. All units have separate utilities and entrances. Upgrades made to all units with brand new septic. New roof and Unit 2 kitchen. Very strong rental market. Rent roll $5500/mo. Pre-existing nonconforming use.1 of 3 units occupied. Vacant units in move-in condition. ***SOLD STRICTLY AS-IS*** Proof of Funds Required. Also, Two car garage can rent for 500 a month

Monthly Payment Calculator



Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gold Standard Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Gold Standard Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-10-01T19:46:04.643.
www.goldstandardrealty.com/homes/141875757
Print Image

161 Route 46 Washington Twp., NJ 07840

  • Price: $525,000
  • Status: Active Under Contract
  • On Site: 65 Days
  • Updated: 41 min ago
  • MLS #: 3856538
6
Beds
4
Baths
0
½ Baths
1.35
Acres
1925
Built
County:
Morris
Area:
Washington Twp.
Elementary School:
Long Valley
Middle School:
Long Valley
High School:
W.M. Central
Property Description
3 Family income property, 1 of a kind opportunity on 1.35 Acres for quiet living. All units have separate utilities and entrances. Upgrades made to all units with brand new septic. New roof and Unit 2 kitchen. Very strong rental market. Rent roll $5500/mo. Pre-existing nonconforming use.1 of 3 units occupied. Vacant units in move-in condition. ***SOLD STRICTLY AS-IS*** Proof of Funds Required. Also, Two car garage can rent for 500 a month
Exterior Features

Approximate Lot Size 1.350 AC Exterior Description BrickStucco Garage Description Garage Parking Number Of Parking Spaces 10 Parking Driveway Description Crushed Stone Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Bilco-Style Door Cooling None Heating Radiators - Steam Total Number Of Rooms 14 Unit1 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(S)Range/Oven - ElectricRefrigeratorSmoke Detector Unit1 Baths 2.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLaundry RoomLiving RoomPantryUtility Room Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 2050 Unit2 Appliances Equipment Carbon Monoxide DetectorCeiling Fan(S)Range/Oven - ElectricRefrigeratorSmoke Detector Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenStorage Unit2 Rooms 4 Unit2 Sq Ft 375 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsEat-In KitchenLiving/Dining RoomPantry Unit3 Rooms 4 Unit3 Sq Ft 1680

Property Features

Assessment Total 320400 Building Assessment 211500 Easement No Farm Assessment No Fha Age Restricted No Fuel Type Oilabin Gross Operating Income 66000 Home Warranty No Land Assessment 108900 Net Operating Income 55000 Renovated Year 2022 Sewer Septic Tax Amount 8833 Tax Rate Amount 2.757 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 11000 Unit Style 1-One Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays Heat Unit1 Rent 2600 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays HeatTenant Pays Electric Unit2 Rent 500 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays Heat Unit3 Rent 1900 Unit3 Security Deposit 0 Unit4 Handicap Modified No Utilities Electric Water Well

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Jersey Success Realty, Inc.: 973-691-0022.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Gold Standard Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Gold Standard Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-10-01T19:46:04.643.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3856538-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3856538-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3856538-2.jpg
Logo
Gold Standard Realty
500 Rahway Ave, 2nd Fl
Elizabeth NJ, 07202