New ListingA turnkey two family with income, flexibility, and all major improvements already taken care of! 40 W Fairview Ave offers an excellent setup for investors or owner occupants. The lower unit features 1 bedroom with the potential for a second, a large dining room, and a Florida room providing additional living space. The upper unit offers 3 bedrooms with the possibility of a 4th bedroom and 1.5 baths and is currently vacant, with projected rent of approximately $3,000 per month. Combined rental potential is approximately $5,250 per month. The home blends character with recent improvements, including a welcoming front porch, second floor balcony, spacious interiors, and classic architectural details. Major updates include a brand new roof, new windows, newer furnaces, new electrical, fresh paint, and renovated interiors, giving the next owner added peace of mind. A detached two car garage and ample off street parking add even more value. Keep both units as an income producing investment or live in one while the other helps offset your mortgage. Dover continues its revitalization while offering NJ Transit rail service to NYC, a vibrant downtown, shopping, and restaurants. Income, condition, location, and options all in one!
| MLS # | 4057356 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Coming Soon |
| Year | 1920 |
| Days On Site | 2 |
| Listing Provided By | X REALTY CORP. | CHRISTIAN RUGEL |
| Bath(s) | 2 Total |
|---|---|
| Garage | 2 |
| Basement | Y |
| Property | 8644 |
|---|
| State | NJ |
|---|---|
| County | Morris |
| City | Dover Town |
| Zip Code | 07801 |
| Area | Morris |
| School District | Dover H.S. |
| High School | Dover H.S. |
| Listing VS Median (in 07801) | |
Price: $665,000 low | high Med: $389,500 On site: 2 low | high Med: 38.5 | |
| State | NJ |
|---|---|
| County | Morris |
| City | Dover Town |
| Zip Code | 07801 |
| Area | Morris |
| School District | Dover H.S. |
| High School | Dover H.S. |
| Listing VS Median (in 07801) | |
Price: $665,000 low | high Med: $389,500 On site: 2 low | high Med: 38.5 | |