209 W Chrystal St Ab,Dover Town, NJ 07801
Dover Town, NJ 07801
Description
Rare opportunity to own a well-maintained, income-producing legal two-family home generating over $5,500 per month in rental income with a strong 7%+ cap rate. One unit is recently renovated, with 3 porches around for extra spaces. Another units is in good condition with long term tenant in place and good rent rent income. This property is ideal for investors seeking immediate cash flow or owner-occupants utilizing FHA financing while offsetting housing costs with rental income.The home features separate utilities for each unit, including gas, electric, water, and sewer, allowing tenants to pay their own expenses. Additional highlights include a two-car garage, ample driveway parking, a full basement with laundry possible and storage areas, a spacious backyard, patio, and potential future development opportunities, including possible lot subdivision (buyer to perform due diligence).
Details
| MLS # | 4040395 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2026 |
| Days On Site | 74 |
| Listing Provided By | ELITE REALTORS OF NEW JERSEY | XIANGHUI LOTUS ZHANG |
Features
| Bath(s) | 2 Total |
|---|---|
| Garage | 2 |
| Basement | Y |
Taxes
| Property | 9489 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Morris |
| City | Dover Town |
| Zip Code | 07801 |
| Area | Morris |
| School District | Dover H.S. |
| Elementary School | East Dover |
| High School | Dover H.S. |
| Listing VS Median (in 07801) | |
Price: $699,000 low | high Med: $390,000 On site: 74 low | high Med: 45 | |
Market Activity 07801
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Learn More About This Property
| State | NJ |
|---|---|
| County | Morris |
| City | Dover Town |
| Zip Code | 07801 |
| Area | Morris |
| School District | Dover H.S. |
| Elementary School | East Dover |
| High School | Dover H.S. |
| Listing VS Median (in 07801) | |
Price: $699,000 low | high Med: $390,000 On site: 74 low | high Med: 45 | |
