NJ
Morris
Jefferson Twp.
07438-9337
16 E Elro Dr
16 E Elro Dr, Jefferson Twp., NJ 07438-9337
Listing Type
commercial/industrial
Listing Status
active
12
$850,000

Home Details for 16 E Elro Dr

Price
$850,000
Type
See Remarks
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1960
Lot size acres
0.34
County
Morris
Garage
Days on site
903
MLS Listing#
3761997
Listing courtesy: REALTY EXECUTIVES EXCEPTIONAL - 973-729-7141
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.

Property Features
  • Utilities
    • Electric
    • Gas-Propane
  • Cooling Information
    • No Cool
  • Heating Information
    • 1 Unit
  • Water Features
    • Well
  • Parking
    • Dirt
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT NEIGHBORHOOD REALTY
725 Route 15, Unit #106, Jefferson, NJ 07849
Office
973-663-1660
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