NJ > Dover Town > 2 Family With 105 And 107
Dover Town, NJ 07801,105 Thompson Ave
Dover Town, NJ 07801,105 Thompson Ave
Dover Town, NJ 07801,105 Thompson Ave
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$589,000
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6 BD
3 BA
1,650 SqFt
Active

105 Thompson Ave Dover Town, NJ 07801

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Katherine Rozzelle

Katherine Rozzelle

+1(908) 718-1189

UPDATED:

02/18/2025 07:55 PM

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,650 sqft

Price per Sqft $356

Subdivision 2 Family With 105 And 107

MLS Listing ID 3939015

Style 2-Two Story

Bedrooms 6

Full Baths 3

Year Built 2010

Annual Tax Amount $5,227

Tax Year 2024

Lot Size 5,227 Sqft

Property Description

Property is Not in a flood zone " No flood insurance required.The property is located at 105-107 Thompson Ave and offers a high-cap return of 9%+, very low taxes. A rare find in today's market! Unit 105 rents will be $3,200/month,Starting April 2025, Unit 107 rent is $1,600/month. This well-maintained and renovated legal two-family home presents a prime investment opportunity with separate utilities and strong income potential. Each unit features private front and back entrances, ensuring tenant privacy. Hardwood floors in all bedrooms & living rooms, tile flooring in bathroom/ kitchens. Natural gas heating with separate meters for gas, electric, and water/sewer.All utilities, including water and sewer are paid by tenants.Recent Upgrades:Major renovation in 2011.New roof installed in December 2022.Newer hot water heaters for both units.Unit 105 (Second Floor & Upstairs) " 4 bedrooms, 2 full bathrooms, living/family room, eat-in kitchen, backyard access. Currently occupied on a month-to-month lease with the possibility of vacancy at closing. Unit 107 (First Floor) " 2 bedrooms, 1 bathroom, living room, kitchen.For additional information, please refer to the listing under media documents. Don't miss out on this high-yield investment opportunity! Both unit tenant are on M2M term, seller will help to deliver as vacate on closing.

Location

State NJ

County Morris

Zoning 2 Family

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks, Vinyl Siding

Parking Features None

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Irregular Lot

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Schools

Elementary Schools Dover M.S.

Middle Schools Dover M.S.

High Schools Dover H.S.

Others

Senior Community No

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by ELITE REALTORS OF NEW JERSEY

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Katherine Rozzelle

Agent | License ID: 1972259

+1(908) 718-1189

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105 Thompson Ave