3 bedroom house for sale

Lebanon NJ 07882

Overview

Custom Built 3-bedroom Colonial with old world character and a rocking chair front porch on the Musconetcong River in mint condition. Presently set up as a legal two-family home, it can easily be converted back to a single-family home. This is the perfect home to live on one floor and rent the other to pay your mortgage or use as an In-Law Suite on the first floor. Separate entrances and electric meters, deck and porch, basement and walk-up attic, private rural location yet close to Rt 78 and NJ Transit Train Station. This is a one-of-a-kind home with majestic River views and frontage, fish, swim or put your boat in from your property, perfect for a home or investment property. This property is not in a flood zone and flood insurance is not required. Owned and loved for over 65 years by one Owner. Brand new 3 bedroom septic just installed. This property has a NOI of $30, 433 at market rent, cap rate of 6.93% at list price.

Details

  • Beds: 3
  • Baths: 2
  • Price: $439,000
  • Reference No.: 72791477
  • Area: 1,856 sqft

Location

Lebanon NJ 07882

3 bedroom house for sale

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2024-06-10, Viewed 0 times.