203 207 E Blackwell St Abc Active Save Request In-Person Tour Request Virtual Tour
Dover Town,NJ 07801
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,662 sqft
Price per Sqft $382
MLS Listing ID 3951879
Year Built 1900
Annual Tax Amount $17,500
Tax Year 2024
Lot Size 10,018 Sqft
Property Sub-Type Mixed Use
Property Description
Prime Investment Opportunity " An exceptional investment opportunity awaits with two well-maintained properties in the heart of Dover's redevelopment zone. These properties offer strong rental income, future appreciation potential, and flexible usage options under C-1 zoning. Property Details: 203 E Blackwell Street " 3-Family Home Strong rental income " Unit 1: Vacant for sale (potential $1,800+ rent) Unit 2: $1,800/mo. Unit 3: $2,000/mo. Spacious 200' deep lot " offering potential for expansion or redevelopment. Well-maintained " newer roof, utilities, and windows. 207 " Single-Family Home - Currently rented for $3,200/month " immediate cash flow. Newer roof, windows, and utilities Fenced-in rear lot with permitted outdoor storage and a 2-car detached garage Investment Highlights: Buy together or separately " flexible purchase options Off-street parking & separate utilities " reducing operational costs Zoned C-1 " allowing for redevelopment, mixed-use, or continued rental growth. Major urban development underway across the street " ensuring future appreciation. Upscale rent escalation potential " maximizing long-term ROI. Why Invest Here? Immediate cash flow with existing rentals. Future development potential in a prime growth area. Stable, well-maintained assets for a secure investment. Don't miss this rare opportunity to discuss purchase options and investment strategies!
Location
State NJ
County Morris
Zoning C-1
Rooms
Basement Crawl Space, Full
Interior
Heating Electric, Gas-Natural
Cooling Wall A/C Unit(s), Window A/C(s)
Flooring Laminate, Tile, Wood
Equipment Appliances, Kitchen Area, Restrooms - Private, Smoke Detector, Storage Area(s)
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Composition Siding, Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot, Open Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple