44
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$665,000
Est. payment /mo
5 Beds
2.5 Baths
2,100 SqFt
Coming Soon
40 W Fairview Ave Dover Town, NJ 07801
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Key Details
Property Type Multi-Family, Commercial
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $316
MLS Listing ID 4057356
Style 2-Two Story
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1920
Annual Tax Amount $8,644
Tax Year 2025
Lot Size 6,534 Sqft
Property Description
A turnkey two family with income, flexibility, and all major improvements already taken care of! 40 W Fairview Ave offers an excellent setup for investors or owner occupants. The lower unit features 1 bedroom with the potential for a second, a large dining room, and a Florida room providing additional living space. The upper unit offers 3 bedrooms with the possibility of a 4th bedroom and 1.5 baths and is currently vacant, with projected rent of approximately $3,000 per month. Combined rental potential is approximately $5,250 per month. The home blends character with recent improvements, including a welcoming front porch, second floor balcony, spacious interiors, and classic architectural details. Major updates include a brand new roof, new windows, newer furnaces, new electrical, fresh paint, and renovated interiors, giving the next owner added peace of mind. A detached two car garage and ample off street parking add even more value. Keep both units as an income producing investment or live in one while the other helps offset your mortgage. Dover continues its revitalization while offering NJ Transit rail service to NYC, a vibrant downtown, shopping, and restaurants. Income, condition, location, and options all in one!
Location
State NJ
County Morris
Rooms
Basement Bilco-Style Door, Full
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Composition Shingle
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Garage Yes
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Schools
Middle Schools Dover M.S.
High Schools Dover H.S.
Others
Senior Community No
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