105 Thompson Ave Unit 107
Dover Town, NJ 07801-4568
- 6 beds
- 3 baths
- – sqft
- 5,227 sqft lot
- 2010 build
- – on site
Property is Not in a flood zone " No flood insurance required.The property is located at 105-107 Thompson Ave and offers a high-cap return of 9%+, very low taxes. A rare find in today's market! Unit 105 rents will be $3,200/month,Starting April 2025, Unit 107 rent is $1,600/month. This well-maintained and renovated legal two-family home presents a prime investment opportunity with separate utilities and strong income potential. Each unit features private front and back entrances, ensuring tenant privacy. Hardwood floors in all bedrooms & living rooms, tile flooring in bathroom/ kitchens. Natural gas heating with separate meters for gas, electric, and water/sewer.All utilities, including water and sewer are paid by tenants.Recent Upgrades:Major renovation in 2011.New roof installed in December 2022.Newer hot water heaters for both units.Unit 105 (Second Floor & Upstairs) " 4 bedrooms, 2 full bathrooms, living/family room, eat-in kitchen, backyard access. Currently occupied on a month-to-month lease with the possibility of vacancy at closing. Unit 107 (First Floor) " 2 bedrooms, 1 bathroom, living room, kitchen.For additional information, please refer to the listing under media documents. Don't miss out on this high-yield investment opportunity! Both unit tenant are on M2M term, seller will help to deliver as vacate on closing.
Last checked:
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Last updated Feb 18, 2025
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MLS# 3939015 —
The Building
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Construction Date/Year Built:Renovated
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Construction Date/Year Built:2010
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Renovated Year:2010
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Unit Style:2-Two Story
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Roof Description:Asphalt Shingle
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Exterior Description:See Remarks, Vinyl Siding
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Color of Building:white
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Basement:Yes
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Building #:107
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Unit #:107
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Total # of Units:2
Interior
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Total # of Rooms:13
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Basement Description:Unfinished
Financial & Terms
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Possession:30-60
Location
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Directions:Blackwell street - Train Station - Prospect - or R10 to Chestnut - Thompson
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Latitude:40.88
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Longitude:-74.56425
The Property
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Approx Lot Size:50 Sqft
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Lot Description:Irregular Lot
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Total Acres:0 Sqft
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Lot Identifier:20
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Zoning:2 Family
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Exterior Features:Patio, See Remarks
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Exclusions:Tenants are month-to-month lease, New owner will have the flexibility.
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Easements:No
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Farm Assessment:No
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Assessment Land:86400
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Agent phone:
- (973) 723-3883
- Office phone:
- (973) 994-9009
Taxes
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Tax ID For Property:2309-01101-0000-00020-0000-
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Tax Year:2024
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:3.273
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Tax Amount:$5,227
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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County Tax:$*
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Zip Code Tax:*
Beds
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# of Bedrooms:6
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Unit 1 Bedrooms:2
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Unit 2 Bedrooms:4
Baths
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Total # of Baths:3.00
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Total # of Full Baths:3
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Unit 1 Baths:1.0
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Unit 2 Baths:2.0
The Listing
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Home Warranty:No
Heating & Cooling
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Heating:2 Units, Baseboard - Hotwater
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Water Heater:Gas
Utilities
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Utilities:Electric, Gas-Natural
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Water:Public Water
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Fuel Type:Gas-Natural
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Sewer:Public Sewer
Schools
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Grade School:Dover M.S.
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Middle Or Junior School:Dover M.S.
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High School:Dover H.S.
The Community
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Section/Subdiv/Development:2 family with 105 and 107
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Services:Cable TV Available, Fiber Optic Available, Garbage Included
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Assessment Total:165600
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Assessment Total Tax:*
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Assessment Bldg:79200
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Assess Amount Building Tax:*
Parking
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Garage Description:None
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Parking/Driveway Description:Off-Street Parking
Extra Units
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Unit 1 SqFt:650
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Unit 2 SqFt:1000
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Unit 1 Levels:1
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Unit 2 Levels:2
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Unit 1 Rooms:4
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Unit 2 Rooms:8
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Unit 1 Handicap Modified:No
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Unit 2 Handicap Modified:No
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Unit 1 Room Description:Bedrooms, Family Room, Kitchen, See Remarks
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Unit 2 Room Description:Bedrooms, Eat-In Kitchen, Family Room
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Unit 3 Fireplaces:1
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Unit 1 Appliances/Equipment:Range/Oven - Gas, Refrigerator, See Remarks
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Unit 2 Appliances/Equipment:Range/Oven - Gas, Refrigerator, See Remarks
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/26/24
Dec 26, 2024
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Listed / Active | GSMLS | $589,000 |