Listing Details

237 Prospect Point Rd,Jefferson Twp., NJ 07849-1295

  • January 14, 2026

Description

Fully Rented Legal 3 Family with Great Cash Flow, Minutes From Major Highways and NJ Largest Lake.

Details

Last Updated On: January 14th, 2026 at 7:31 am
Property ID:PT-28504604-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 510,000 $
Bedrooms:5
Year Built:1950

Additional Details

Listing Details

Status: Active

Location

County: Morris
Lotsize: 0.283 AC
Lot Identifier: 2
Lot Description: Level Lot
Lot Identifier: 2

Home Details

Subdivision: Lake Hopatcong
Open Parking: 6
Basement: Yes
Basmnt/Desc: Yes - Finished, Full, Walkout
Acreage: 0.28
Total Baths: 3.00
Unit Style: Triplex
Number of Units: 3
Rooms: 12
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: at closing
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator
Unit 1 Levels: 1
Unit 1 Rooms: 4
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Heat, Owner Pays Water
Unit 1 Handicap: No
Unit 1 Lease Expire: 2026-09-30
Unit 1 SqFt: 540
Unit 1 Rent: 1600
Unit 1 Room Description: Bedrooms, Kitchen, Living Room
Unit 1 Security Deposit: 2400
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator
Unit 2 Levels: 1
Unit 2 Rooms: 5
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Heat, Owner Pays Water
Unit 2 Handicap: No
Unit 2 Lease Expire: 2026-04-30
Unit 2 SqFt: 840
Unit 2 Rent: 1750
Unit 2 Room Description: Bedrooms, Kitchen, Living Room
Unit 2 Security Deposit: 2100
Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Range/Oven - Electric, Refrigerator
Unit 3 Levels: 1
Unit 3 Rooms: 3
Unit 3 Beds: 1
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Heat, Owner Pays Water
Unit 3 Handicap: No
Unit 3 Lease Expire: 2026-03-31
Unit 3 SqFt: 600
Unit 3 Rent: 1150
Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room
Unit 3 Security Deposit: 1725
Block Identifier: 97
County Number: 23
Town Number: 2314
YB/Desc: 1950 - Approximate
Easement: Unknown
Parking/Driveway Description: 2 Car Width, Crushed Stone, Driveway-Exclusive, Gravel, Parking Lot-Exclusive
Block Identifier: 97
County Number: 23
Town Number: 2314
Possession: at closing

Taxes, Fees & Assessments

Gross Operating Income: 54000
Net Operating Income: 39600
Expense Include: Electric, Insurance, Oil, Taxes
Tax ID For Property: 2314-00097-0000-00002-0000-
Tax Amount: $7,258.00
Tax Year: 2024
Tax Rate: 2.903%
Tax Rate Year: 2025
Land Assessment: $109,800.00
Building Assessment: $132,000.00
Total Assessment: $241,800.00
FHA Age Restricted: No

Utilities

Water Heater: Electric
Heat Source: Oil Tank Above Ground - Outside
Heat System: 1 Unit, Forced Hot Air
Cool System: Window A/C(s)
Water: Well
Sewer: Septic
Utilities: Electric

Features

  • Carbon Monoxide Detector
  • Patio
  • Smoke Detector
  • Storm Window(s)

Statistics

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