Twitter
Facebook
Email
|
Rare Investment Opportunity " Spectacular 3-Family Home in Dover's Redevelopment Zone! This is a prime investment opportunity in the heart of Dover's thriving area! A true rare find, this versatile 3-family property offers immediate rental income, future growth potential, and multiple possibilities with C-1 zoning! Income-Producing Property: 3 separately metered rental units, ensuring maximized returns! Spacious & Functional Layout: Unit 1 (1st flr.: 1 Bedroom, Living Room, Dining Room, Kitchen & Bath " with a flexible front space that could be converted into an office or additional rental unit! Unit 2 (Side Unit): 2 Bedrooms, 2 Full Bathrooms " a spacious & rare layout perfect for tenants looking for extra comfort! Unit 3 (2nd Flr.): 3 Brs., 1 Bath " with a large open-concept Living & Dining area and 2 side doors for added accessibility! Extra-Deep 200' Lot " Off-street parking, prime development potential! Well-Maintained & Move-In Ready " Clean, renovated apartments with minor wear & tear, all well-maintained for continued investment success. Strong Rental Demand & Upside Potential " Solid rental income with room for escalations & increased ROI! Perfect for Investors, Developers, or Owner-Occupants Looking for Passive Income! Don't miss out on this incredible chance to own a high-demand property in Dover's growing market. Act now before this rare opportunity is gone! Purchase with adjoining property 207 E Blackwell @ $1,400,000 for the package!
| DAYS ON MARKET | 1 | LAST UPDATED | 3/19/2025 |
|---|---|---|---|
| TRACT | E Blackwell St. - S Salem | YEAR BUILT | 1900 |
| COMMUNITY | Dover | COUNTY | Morris |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Academy St |
|---|---|
| Jr. High School | Dover M.S. |
| High School | Dover H.S. |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Dover |
| BASEMENT | Crawl Space, Full, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Baseboard, Natural Gas |
| INTERIOR | Walk-In Closet(s) |
| LOT | 10019 sq ft |
| LOT DESCRIPTION | Open Lot |
| PARKING | Circular Driveway |
| SEWER | Public Sewer |
| STYLE | Triplex |
| SUBDIVISION | E Blackwell St. - S Salem |
| TAXES | 10958 |
| UTILITIES | Cable Available, Natural Gas Available |
| WATER | Public |
| ZONING | C-1 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for VMC
Management to contact you even if your name is on a Federal or State
"Do not call List".
Listed with RE/MAX SELECT
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This IDX solution is (c) Diverse Solutions 2025.
