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12 Mark Ln , #4

Roxbury Twp., NJ 07876
  • $625,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: 3804841
UPDATED: 43 min ago
$625,000
  • 4
    BEDS
  • 0.65
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,048
    SQFT
  • $305
    $/SQFT
Type:
Multi-Family
Built:
1955
County:
Area:

School Ratings & Info

Description

Fully occupied 4 unit multi family in Roxbury, NJ. Four 1 Bedroom apartments, rents are under market.12 Mark Lane is on .65 acres acres and backs up to a beautiful lake, adding to the desirability and rental enthusiasm. All tenants have access to the lake (with a private beach) and there is a common washer and dryer in the building for tenant use. This private and tranquil setting in Morris County is near numerous employers ensuring a steady stream of renters. The units have been partially updated with some in need of minor cosmetic upgrades, giving an easy path to further increase the rents. 12 Mark Lane is on well and septic, washer and dryer provided for all tenants and heat is paid by tenants. Any investor looking for a solid and predictable cash flow should strongly consider 12 Mark Lane to their portfolio.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-05T09:46:51.073.
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12 Mark Ln , #4 Roxbury Twp., NJ 07876

  • Price: $625,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 43 min ago
  • ID#: 3804841
4
Beds
4
Baths
0
½ Baths
0.65
Acres
2,048
SQFT
$305
$/SQFT
1955
Built
County:
Morris
Area:
Roxbury Twp.
Property Description
Fully occupied 4 unit multi family in Roxbury, NJ. Four 1 Bedroom apartments, rents are under market.12 Mark Lane is on .65 acres acres and backs up to a beautiful lake, adding to the desirability and rental enthusiasm. All tenants have access to the lake (with a private beach) and there is a common washer and dryer in the building for tenant use. This private and tranquil setting in Morris County is near numerous employers ensuring a steady stream of renters. The units have been partially updated with some in need of minor cosmetic upgrades, giving an easy path to further increase the rents. 12 Mark Lane is on well and septic, washer and dryer provided for all tenants and heat is paid by tenants. Any investor looking for a solid and predictable cash flow should strongly consider 12 Mark Lane to their portfolio.
Exterior Features

Approximate Lot Size 247X115 Color Of Building Tan Exterior Description Aluminum Siding Exterior Features Lake Privileges Lot Description Lake On LotLake/Water View Number Of Parking Spaces 8 Parking Driveway Description BlacktopCrushed Stone Roof Description Asphalt Shingle

Interior Features

Basement No Basement Description Crawl Space Cooling Wall A/C Unit(S) Heating Baseboard - Electric Total Number Of Rooms 5 Unit1 Appliances Equipment Carbon Monoxide DetectorDryerFire Alarm SystemRange/Oven - ElectricRefrigeratorWasher Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsKitchenLiving Room Unit1 Rooms 3 Unit1 Security Deposit 1124 Unit1 Sq Ft 500 Unit2 Appliances Equipment Carbon Monoxide DetectorDryerFire Alarm SystemRange/Oven - ElectricRefrigeratorWasher Unit2 Baths 1.0 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsKitchenLiving Room Unit2 Rooms 3 Unit2 Sq Ft 500 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 1 Unit3 Room Description BedroomsKitchenLiving Room Unit3 Rooms 3 Unit3 Sq Ft 500 Unit4 Appliances Equipment Carbon Monoxide DetectorDryerFire Alarm SystemRange/Oven - ElectricRefrigeratorWasher Unit4 Baths 1.0 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Levels 1 Unit4 Room Description BedroomsKitchenLiving Room Unit4 Rooms 3 Unit4 Sq Ft 500

Property Features

Assessment Total 334500 Building Assessment 208900 Building Number 1 Easement No Expenses Include Garbage CollectionInsuranceMaintenanceTaxes Fha Age Restricted No Fuel Type Electric Gross Operating Income 54876 Land Assessment 125600 Net Operating Income 37566 Services Garbage Included Sewer Septic Tax Amount 8810 Tax Rate Amount 2.634 Tax Rate Year 2021 Tax Year 2021 Total Operating Expense 17310 Unit Style 1-One Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Heat Unit1 Rent 1124 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Heat Unit2 Rent 1149 Unit2 Security Deposit 1149 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Heat Unit3 Rent 1150 Unit3 Security Deposit 1150 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays Heat Unit4 Rent 1150 Unit4 Security Deposit 1150 Utilities Electric Water Well Water Heater Electric Zoning R-3

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Fairclough Realtors: [IDXCONTACTINFORMATION].


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-05T09:46:51.073.
 
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eXp Realty LLC
966 Shoppes Blvd
North Brunswick NJ, 08902