116 Musconetcong River Rd Lebanon Twp., NJ 07882

Features

• Price/sqft: $236
• Total Units: 2
• Total Rooms: 11
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Den, Family Room, Kitchen, Living Room, Utility Room
• Heating: Hot Water,Radiator

Facts

• Year Built: 01/01/1800
• Property ID: 890210478
• MLS Number: 3900316
• Property Type: Other
• County: WARREN
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 just installed. This property has a NOI of $30,433 at market rent, cap rate of 6.93% at list price.