Skip To Content

16 E Elro Dr

Jefferson Twp., NJ 07438
  • $699,900
  • STATUS: Active
  • ON SITE: 152 Days
  • MLS #: 3761997
UPDATED: 37 min ago
$699,900
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1960
County:

School Ratings & Info

Description

5 Unit multi-family property offering 3 standalone structures -- 16 E Elro, 18 E Elro and 20 E Elro. The 16 E Elro 2-family, lakeview property consists of a 1 BR, 1-bath unit on the 1st floor and a 2-BR, 1-Bath unit on the 2nd floor. 18 E Elro is a stand-alone cottage with an open floor plan and 1-bath. 20 E Elro is a side-by-side, 2-family dwelling with 1-BR and 1-Bath unit on each side. These 3 structures offer a terrific and rare investment opportunity. When fully rented, the annual gross income is over $66,500, annual expenses are approximately $12,500 for an. All dwellings are on one lot as per seller.

Monthly Payment Calculator



Garden State MLS logo © 2022 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 Provident Legacy Real Estate Services, LLC. 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 Provident Legacy Real Estate Services, LLC 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 2022-07-05T20:46:54.9.
www.providentlegacyres.com/homes/125321647
Print Image

16 E Elro Dr Jefferson Twp., NJ 07438

  • Price: $699,900
  • Status: Active
  • On Site: 152 Days
  • Updated: 37 min ago
  • MLS #: 3761997
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1960
Built
County:
Morris
Area:
Jefferson Twp.
Property Description
5 Unit multi-family property offering 3 standalone structures -- 16 E Elro, 18 E Elro and 20 E Elro. The 16 E Elro 2-family, lakeview property consists of a 1 BR, 1-bath unit on the 1st floor and a 2-BR, 1-Bath unit on the 2nd floor. 18 E Elro is a stand-alone cottage with an open floor plan and 1-bath. 20 E Elro is a side-by-side, 2-family dwelling with 1-BR and 1-Bath unit on each side. These 3 structures offer a terrific and rare investment opportunity. When fully rented, the annual gross income is over $66,500, annual expenses are approximately $12,500 for an. All dwellings are on one lot as per seller.
Exterior Features

Approximate Lot Size 0.337 AC Construction See Remarks Exterior Description Wood Location Residential Area Lot Description CornerLake/Water ViewOpen Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Dirt Roof Description Asphalt Shingle

Interior Features

Basement No Cooling No Cool Equipment Available AppliancesFixtures Floors Laminate Heating 1 Unit Max Ceiling Height 8 Max Door Height 8 Number Of Lavatories 5 Office Sq Ft 0

Property Features

Building Number 16 For Sale Or Lease For Sale Free Rent No Fuel Type ElectricGasproplOilabout Gross Operating Income 66500 Net Operating Income 54000 Owner Pays No Utilities Primary Property Type See Remarks Property Type See Remarks Sale Includes Building & LandSee Remarks Sewer Septic Suite Number 0 Tax Amount 7979 Tax Rate Amount 2.794 Tax Rate Year 2021 Tax Year 2021 Tenant Pays Cable T.V.ElectricGasHeatHot WaterOil Total Operating Expense 12500 Utilities ElectricGas-Propane Utilities Paid By Tenant Water Well Year Built Description Approximate Zoning R

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Realty Executives Exceptional.


Garden State MLS logo © 2022 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 Provident Legacy Real Estate Services, LLC. 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 Provident Legacy Real Estate Services, LLC 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 2022-07-05T20:46:54.9.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3761997-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3761997-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3761997-2.jpg
Logo
Provident Legacy Real Estate Services, LLC
177 Broadway
Bayonne NJ, 07002