Address
127 Hemlock Hill # A&B Montague Twp., NJ
Price
$ 215,000
Property Attributes
  • MLS#3690953
  • TypeMulti-Family
  • CountySUSSEX
  • CityMontague Twp.
  • AreaMontague Twp.
  • NeighborhoodHigh Point Country Club
  • Zip07827
  • Style2-Two Story, Duplex-Side by Side
  • Year Built1987
  • Taxes$ 6579
  • Price$ 215,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Lot Size0.49 Acres
Listing Provided Courtesy Of:
UNITED REAL ESTATE
Data Source:
Garden State MLS (GSMLS) - 38 - NJ
Property Description

INVESTORS-opportunity for good ROI Well-built duplex modeled on Cape Cod style. 3 BRs 1 Ba in ea unit. 2 Tenants in place on month to month basis paying under market value rent. Current Cap Rate 8.4%. Could be 12.95%+ with a little TLC . FULL Unfinished basements with walkouts. Oil Heat. Both Units currently rented month to month at $1200 each per mo. Rent with unfinished basement should be $1600 after some TLC, more if basement is finished. Poured concrete foundation. Individual decks. Two above ground oil tanks. NOTE: interior pictures of Unit 1 only & not current. Septic plan shows 4 bedroom system design. Septic inspection showed new d-box & connected lateral to field needed. Seller investigating. Won't work for owner/occupier - tenants don't wish to move at this time.

Elementary School Middle School High School
Montague Elementary School Montague Middle School High Point High School
Price History
2/6/2021 Listed $215,000

General Features

Architectural Style 2-Two Story, Duplex-Side by Side
Basement Full, Unfinished, Walkout
Building # 127
Cooling None
Drive Gravel, Off-Street Parking
Exclusions Tenants personal property
Exterior Features Deck
Heating 2 Units, Baseboard - Hotwater
Interior Features Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
Open Parking Spaces 6
Roof Asphalt Shingle
Sewer Septic
Tax Annual Amount 6579
Total Units 2
Town # 2816
Township Montague Twp.
Unit Number A&B
Utilities All Underground, Electric
Water Heater Electric, From Furnace
Zoning R-4

Interior Features

Fuel Type OilAbIn
Unit 1 Appl/equip Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Electric, Refrigerator, Self-Cleaning Oven, Smoke Detector
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 1 Fireplaces 1
Unit 1 Handicap Modified No
Unit 1 Levels 3
Unit 1 Room Description Bedrooms, Eat-In Kitchen, Living Room, Storage, Utility Room
Unit 1 Rooms 5
Unit 2 Appl/equip Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Electric, Refrigerator, Self-Cleaning Oven, Smoke Detector
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 2 Fireplaces 1
Unit 2 Handicap Modified No
Unit 2 Levels 3
Unit 2 Room Description Bedrooms, Eat-In Kitchen, Living Room, Storage, Utility Room
Unit 2 Rooms 5
Unittype1totalrent 1200
Unittype2totalrent 1200

Exterior Features

Exterior Description Vinyl Siding
Lot Dimensions .48 AC
Lot Features Corner
Water Source Public Water, Water Charge Extra

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07827

Price
AVG $240K
$220K
Taxes
AVG $6,150
$6,579
Visits
AVG 32
26
Year Built
AVG 1981
1987

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