116 Musconetcong River Rd Lebanon Twp, NJ $ 415,000
116 Musconetcong River Rd
$ 415,000
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116 Musconetcong River Rd

Lebanon Twp, NJ, 07882
$ 415,000
Bedrooms3 Baths2.0 Sq 1,856

Monthly Estimate*

$ 2,899

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Multi-Family Home for sale in Lebanon Twp, NJ

for $415,000 with 3 bedrooms and 2 full baths. This 1,856 square foot home was built in 1800 on a lot size of 0.89.

Custom Built 3-bedroom Colonial with old world character and a rocking chair front porch on the Musconetcong River in mint condition. Presently set up as a legal two-family home, it can easily be converted back to a single-family home. This is the perfect home to live on one floor and rent the other to pay your mortgage or use as an In-Law Suite on the first floor. Separate entrances and electric meters, deck and porch, basement and walk-up attic, private rural location yet close to Rt 78 and NJ Transit Train Station. This is a one-of-a-kind home with majestic River views and frontage, fish, swim or put your boat in from your property, perfect for a home or investment property. This property is not in a flood zone and flood insurance is not required. Owned and loved for over 65 years by one Owner. This property has a NOI of $30,433 at market rent, cap rate of 7.33% at list price.

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Multi-Family Pending

Price

$ 415,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,871

Style

2-Two Story

Lot Size

0.89

Year Built

1800

Town/City

Lebanon Twp

County/Region

Hunterdon

MLS | Web ID

3871581

Features
General
Interior Features Blinds Carpeting Vinyl-Linoleum Floors
Sewer Septic 3 Bedroom Town Verified
Heating 1 Unit Multi-Zone Radiators - Hot Water
Cooling None
Utilities Electric
Possession As Agreed
Roof Asphalt Shingle
Water Heater From Furnace
Exterior Features Deck Open Porch(es) Patio Storage Shed Storm Door(s) Storm Window(s)
Zoning Residential
Garage Spaces 0
Architectural Style 2-Two Story
Exclusions 1st floor refrigerator
Year Built 1800
Township Lebanon Twp.
Tax Year 2022
Gross Income 40800
County Hunterdon
Net Operating Income 30433
Operating Expense 10367
Total Rooms 8
Status Under Contract
Directions Rt 78 to Rt 31N Right onto Musconetcong River Road home on Right
High School VOORHEES
Open Parking Spaces 4
Total Units 2
Street Name Musconetcong River Rd
Elementary School VALLEYVIEW
Tax Annual Amount 6871
Middle/Junior High School WOODGLEN
Drive 2 Car Width Blacktop Driveway-Exclusive Lighting Off-Street Parking
Days on Market 89
Standard Status Under Contract
Tax Assessed Value 268700
Town # 1919
Tax Lot 23.01
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Interior
Basement Partial Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 1
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type OilAbIn
Full Baths 2
Half Baths 0
Total Bedrooms 3
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Exterior
Lot Features Waterfront
Water Source Well
Exterior Description Aluminum Siding
Building Area Total 1856
Lot Dimensions .89
Lot Size Acres 0.89
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* Excluded Features
List By
STEPHEN FILSON

Listing Agent

Re/Max Heritage Properties

Broker

SFilson@remax.net

Email

Affordability Calculator

$3,471
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,899
Monthly Property Taxes
$573
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
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Nearby
290655 Elementary School
291256 Middle School
Voorhees High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2023$415,000 Listed Price

Map


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116 Musconetcong River Rd, Lebanon Twp, NJ, 07882 is a Multi-Family Home for sale at $415,000 with 1,856 sqft and a lot size of 0.89. 116 Musconetcong River Rd has 3 bedrooms, 2.0 baths, and was built in 1800. The property's zip code is 07882 which is in Lebanon Twp, NJ