This well-maintained and renovated legal two-family home offers a prime investment opportunity with separate utilities and a high return potential for investors. The property providing a steady income stream, and boasts private front and back entrances for each unit. Not in flood zone, No Flood insurance required. HARDWOOD FLOORS for all the bedrooms, Livingroom, tile floor in bathroom, kitchen etc. Natural gas for heating, Separate meters for gas, electric and water/sewer. All utilities paid by tenants, including water and sewer paid by Tenants. Major renovation was done in 2011, roof was replaced in Dec 2022. Newer hot waters for both units. Unit 105- upstairs has 4 bedrooms, 2 full bathrooms, living room/family room, eat-in kitchen, 2 levels, backyard etc. Occupied in a Month to Month tenant, with possibility to vacant on the closing.Unit 107-first floor has two bedroom, one bathroom, Livingroom, kitchen. is vacant, the new owner can place new tenant.
This is a great opportunity! A 2-family home for sale that includes a large lot, this offers plenty of potential for development or expansion. Public utilities with separate meters, month-to-month tenants providing flexibility for the new owner, a recently installed furnace (within 1 year), water heater only 2 years old, new chimney liner and also new front porch, adding charm and curb appeal to the property. This two-family is a fantastic investment!
The median home value in Dover, NJ is $492,750. This is lower than the county median home value of $546,600. The national median home value is $338,100. The average price of homes sold in Dover, NJ is $492,750. Approximately 41.12% of Dover homes are owned, compared to 53.79% rented, while 5.09% are vacant. Dover real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Dover real estate agent to arrange a tour today!
Dover, New Jersey has a population of 18,418. Dover is more family-centric than the surrounding county with 45.17% of the households containing married families with children. The county average for households married with children is 37.96%.
The median household income in Dover, New Jersey is $69,434. The median household income for the surrounding county is $123,727 compared to the national median of $69,021. The median age of people living in Dover is 39.2 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 50.4 inches per year, with 35.2 inches of snow per year.