Verona. Two-family. 50 x 175 lot. Delivered vacant. That combination is rare in this town. Offered by the family and priced with the work in mind, this 1923 home has solid original bones, but it is dated, tired and sold as-is. The sellers will not make any repairs. That is… Read More the point. You are not paying for someone else's renovation or taste. You are paying for the land, the layout and the address. Unit 1 lives across the first and second floors: living room with a brick hearth and wood stove, formal dining room, kitchen with breakfast nook, 3 bedrooms and 2 full baths. Unit 2 owns the third floor with 2 bedrooms or 1 plus a living room, a full bath, its own kitchen and a private rear entry. Full basement with a half bath, laundry, sump pump and plumbing in place for a future shower. Separate electric meters, gas hot water baseboard heat, a detached 2-car garage for extra income or storage, a long driveway, a rear deck and a deep, level yard. Here is the play. Pull the carpets, lay new floors, redo the kitchens, add recessed lighting and central air. Ask about renovation loans that roll the work into one mortgage. Then live in one unit and let the other carry a real piece of the payment, or rent both. Per recent area leases, an updated Unit 1 could rent for an est. $3,300 to $3,800/mo and Unit 2 for $1,900 to $2,400/mo. Minutes to Route 23, Verona Park, the Town Center and downtown Montclair, with NJ Transit buses and Montclair-Boonton Line trains for the Manhattan commute. Read Less
Courtesy of THE AGENCY ONE ROCK, TRAVIS TRIPUCKA, 973-527-5393
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,114
Lot Size
0.2 Acres
Year Built
1923
MLS Number
4059888
30 Days Snapshot Of 07044
$631k
-20%
(avg) sold price
11
-8%
homes sold
72
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished, Yes
Building
Built in 1923
Cooling
Window A/C(s)
Exterior Features
Vinyl Siding, Deck, Open Porch(es)
Garage
2 garage spaces, Detached Garage
Water Features
Gas, Public Water
Heating
Gas-Natural, 2 Units, Baseboard - Hotwater
Interior Features
Wood Floors
Lot
Approximate Lot Size: 50X175, 0.2 acres, Level Lot
Parking
4 parking spaces, Blacktop, Driveway-Shared
Property
2,114 sqft building, 2 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $13,593, Tax Rate: 3.165
Unit One
2 bedrooms, 3 bathrooms, 1 fireplace, Handicap Accessibility: No, See Remarks, Sump Pump
Unit Two
1 bathroom, 2 bathrooms, Handicap Accessibility: No, See Remarks
Utilities
Electric, Gas-Natural
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