12 Peapack Rd

Great Investment Property Potential!!! This was originally a single family home that was converted to mixed use. It currently has an office downstairs with two 1/2 baths and kitchenette and a single two story apartment on the second and third floors consisting of 2-3 bedrooms, full bath and kitchen, living room and dining room. It is an as-is sale with loads of potential. This could be returned to a single family home, renovated as it is with an office and apartment. It is probably an easy conversion to two apartments with a smaller office. The property next door is similar and consists of four units. There is a possibility that this could be converted into a four unit apartment as there are multi-family units on either side along Peapack Road. The drive along Peapack Road is fully owned and the rear drive along Dumont Road is a shared easement.