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9 New Street, Mendham, New Jersey

$575,0005 Beds2 BathsActive

9 New Street, Mendham, New Jersey 07945
- MLS® ID: 3433061

Property Details

9 New Street, Mendham, New Jersey 07945 - Investment property in the heart of Mendham Boro, close to schools, shops. Currently rented. 5-6% CAP. Possible conversion to single family. Barn on property rented to small business.Come see this investment opportunity in the heart of Mendham Boro! There's very few residential income properties in Mendham! Stable, sought after community, great schools, safe, good potential for steady appreciation over time, plus current cash flow. The property is in good condition, no major upgrades anticipated at present. Various windows and doors have been upgraded. City water and sewer. Taxes fair, last re-valuated in 2009. Assessments now closer to market value.

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  • Zip07945
  • CountyMorris
  • Bedrooms5
  • Full baths2
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Elementary schoolHilltop
  • Junior highMT.View
  • High schoolMendham
  • Year built1906
  • Lot size0.220 AC
  • SewerPublic Sewer
  • HeatingForced Hot Air
  • CoolingCentral Air
  • Tax amount$11,531.00
  • Tax year2016
  • MLS® ID3433061


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