127 Hemlock Hill # A&B

Montague Twp., NJ
$ 215,000 Beds 6 Baths 2
Monthly Estimate* How much can I afford?

INVESTORS-opportunity for good ROI Well-built duplex modeled on Cape Cod style. 3 BRs 1 Ba in ea unit. 2 Tenants in place on month to month basis paying under market value rent. Current Cap Rate 8.4%. Could be 12.95%+ with a little TLC . FULL Unfinished basements with walkouts. Oil Heat. Both Units currently rented month to month at $1200 each per mo. Rent with unfinished basement should be $1600 after some TLC, more if basement is finished. Poured concrete foundation. Individual decks. Two above ground oil tanks. NOTE: interior pictures of Unit 1 only & not current. Septic plan shows 4 bedroom system design. Septic inspection suggested inlet delivery pipe be jetted/cleaned which has been done by the seller. Won't work for owner/occupier - tenants don't wish to move at this time.

Multi-Family

  • Price
  • $ 215,000
  • Lot Size
  • 0.49 Acres
  • Bedrooms
  • 6
  • Full Bathrooms
  • 2
  • Year Built
  • 1987
  • Half Bathrooms
  • 0
  • City, Zip
  • Montague Twp.
  • Taxes
  • $ 6579
  • County
  • SUSSEX
  • Style
  • 2-Two Story, Duplex-Side by Side
  • Area
  • Montague Twp.
  • MLS#
  • 3690953
  • Zip
  • 07827
Listing Provided by: UNITED REAL ESTATE
Data Source: Garden State MLS

Features

General

Architectural Style 2-Two Story, Duplex-Side by Side
Basement Full, Unfinished, Walkout
Building # 127
Cooling None
Drive Gravel, Off-Street Parking
Exclusions Tenants personal property
Exterior Features Deck
Heating 2 Units, Baseboard - Hotwater
Interior Features Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
Open Parking Spaces 6
Roof Asphalt Shingle
Sewer Septic
Tax Annual Amount 6579
Total Units 2
Town # 2816
Township Montague Twp.
Unit Number A&B
Utilities All Underground, Electric
Water Heater Electric, From Furnace
Zoning R-4

Interior Features

Fuel Type OilAbIn
Unit 1 Appl/equip Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Electric, Refrigerator, Self-Cleaning Oven, Smoke Detector
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 1 Fireplaces 1
Unit 1 Handicap Modified No
Unit 1 Levels 3
Unit 1 Room Description Bedrooms, Eat-In Kitchen, Living Room, Storage, Utility Room
Unit 1 Rooms 5
Unit 2 Appl/equip Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Electric, Refrigerator, Self-Cleaning Oven, Smoke Detector
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 2 Fireplaces 1
Unit 2 Handicap Modified No
Unit 2 Levels 3
Unit 2 Room Description Bedrooms, Eat-In Kitchen, Living Room, Storage, Utility Room
Unit 2 Rooms 5
Unittype1totalrent 1200
Unittype2totalrent 1200

Exterior Features

Exterior Description Vinyl Siding
Lot Dimensions .48 AC
Lot Features Corner
Water Source Public Water, Water Charge Extra

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Sparta, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Montague Elementary School
Middle School Montague Middle School
High School High Point High School

Price History

2/6/2021 Listed $215,000

Property vs Zip Code Average in 07827

Price
AVG $220K
$220K
Taxes
AVG $6,579
$6,579
Visits
AVG 182
182
Year Built
AVG 1987
1987

Map

127 Hemlock Hill # A&B Montague Twp., NJ is a Single Family Home for sale at $215000 and a lot size of 0.49 Acres Acre(s). 127 Hemlock Hill # A&B Montague Twp. has 6 bedrooms, 2 baths and was built in 1987. The property's zip code is 07827 which is in Montague Twp., NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.