River Home For Sale

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 being installed. This property has a NOI of $30,433 at market rent, cap rate of 6.93% at list price.

Property Details

  • Beds: 3
  • Baths: 2.0
  • Sq Feet: 1856
  • Year Built: 1800
  • Location: Musconetcong River
  • Acres: 0.890
  • Riverfront: Yes
  • Riverview: Yes
  • County: Hunterdon County
  • Heat/AC: Hot Water,Radiator
  • Siding: Aluminum Siding
  • Roof: Asphalt
  • Property Taxes: $7,217
  • MLS #: 3900316

Location

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Contact Information:

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Ad Statistics:

Lake Home For Sale in Lebanon Twp., New Jersey
Ad Number : 4915640
Viewed: 24 times
Added: May 07, 2024
Updated on: May 07, 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing Agent: STEPHEN FILSON, RE/MAX Heritage Properties, 201-317-4621, 908-433-9297 Listing Site, Listing Status: Active
Copyright © 2024 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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