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116 Musconetcong River Rd , Lebanon Twp., NJ 07882-3010

$429,000

Detail

  • Property ID: 3900316
  • Price: $429,000
  • Bedrooms: 3
  • Year Built: 1800
  • Property Status: For Sale

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.

  • Address: 116 Musconetcong River Rd
  • City: Lebanon Twp.
  • State/county: Hunterdon / NJ
  • Zip/Postal Code: 07882-3010
  • Country: United States

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Listing information last updated on 2024-09-19 6:00 PM.