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$1,400,000

Est. payment - /mo

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3,662 SqFt

Active

203 207 E Blackwell St Abc Dover Town, NJ 07801

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Azize Tursun

azize@azizetursun.com +1(973) 666-3366

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,662 sqft

Price per Sqft $382

MLS Listing ID 3951879

Year Built 1900

Annual Tax Amount $17,500

Tax Year 2024

Lot Size 10,018 Sqft

Property Sub-Type Mixed Use

Property Description

Prime Investment Opportunity " An exceptional investment opportunity awaits with two well-maintained properties in the heart of Dover's redevelopment zone. These properties offer strong rental income, future appreciation potential, and flexible usage options under C-1 zoning. Property Details: 203 E Blackwell Street " 3-Family Home Strong rental income " Unit 1: Vacant for sale (potential $1,800+ rent) Unit 2: $1,800/mo. Unit 3: $2,000/mo. Spacious 200' deep lot " offering potential for expansion or redevelopment. Well-maintained " newer roof, utilities, and windows. 207 " Single-Family Home - Currently rented for $3,200/month " immediate cash flow. Newer roof, windows, and utilities Fenced-in rear lot with permitted outdoor storage and a 2-car detached garage Investment Highlights: Buy together or separately " flexible purchase options Off-street parking & separate utilities " reducing operational costs Zoned C-1 " allowing for redevelopment, mixed-use, or continued rental growth. Major urban development underway across the street " ensuring future appreciation. Upscale rent escalation potential " maximizing long-term ROI. Why Invest Here? Immediate cash flow with existing rentals. Future development potential in a prime growth area. Stable, well-maintained assets for a secure investment. Don't miss this rare opportunity to discuss purchase options and investment strategies!

Location

State NJ

County Morris

Zoning C-1

Rooms

Basement Crawl Space, Full

Interior

Heating Electric, Gas-Natural

Cooling Wall A/C Unit(s), Window A/C(s)

Flooring Laminate, Tile, Wood

Equipment Appliances, Kitchen Area, Restrooms - Private, Smoke Detector, Storage Area(s)

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Composition Siding, Vinyl Siding

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot, Open Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by RE/MAX SELECT

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Phone

+1(973) 666-3366

azize@azizetursun.com

Address

1410 Valley rd, Wayne, Nj, 07470, United States