$429,000
Pending

116 Musconetcong River Rd

Lebanon, NJ 07882
Browse 55 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

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 7.09% at list price.

  • Interior Details
      • InteriorBlinds, Carpeting, Vinyl-Linoleum Floors
    • Heating & Cooling
      • Heating1 Unit, Multi-Zone, Radiators - Hot Water
      • Heating SourceOilAbIn
    • Beds & Baths
      • Bedrooms3
  • Property Details
      • Exterior FeaturesDeck, Open Porch(es), Patio, Storage Shed, Storm Door(s), Storm Window(s)
      • Exterior MaterialsAluminum Siding
    • Parking
      • Parking Features2 Car Width, Blacktop, Driveway-Exclusive, Lighting, Off-Street Parking
      • Parking TypeDriveway
  • Construction Details
      • Basement DescriptionPartial, Unfinished
      • Property TypeMulti-Family
      • BasementYes
    • Condition
      • Year Built1800
    • Material information
      • RoofAsphalt Shingle
  • Utilities / Energy Details
      • ServicesCable TV Available, Garbage Extra Charge
      • Sewer InformationSeptic 3 Bedroom Town Verified
      • Water HeaterFrom Furnace
      • Utility FeaturesElectric
      • WaterWell
  • Community and Neighborhood Details
      • Elementary SchoolVALLEYVIEW
      • Middle SchoolWOODGLEN
      • High SchoolVOORHEES
  • Other
      • MLS #3900316

Location

Lisette CintronReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00