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Residential Income For Sale

82 Pequannock St, Dover Town, Morris 07801-3928

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Property Description

Welcome to this beautifully renovated 2-family home in the heart of Dover, NJ, a rare find for the savvy investor or owner-occupant looking to offset their mortgage and build long term wealth. With market rents at $3,800/month per unit, this property delivers an impressive 10% cap rate. Live in one unit and let your tenant cover the bulk of your mortgage, dramatically reducing your cost of living while your investment appreciates. The owner-occupied unit was taken down to the studs with new insulation, sheetrock, plumbing, luxury vinyl plank flooring, recessed lighting, and new light fixtures throughout. Soaring 9-foot ceilings, two beautifully renovated bathrooms, and a finished attic serving as a 4th bedroom and recreation room add serious square footage and flexibility for any lifestyle. The second unit mirrors the first, featuring luxury vinyl plank floors, 9-foot ceilings, fresh paint, and updated finishes throughout, move-in ready and highly rentable from day one. Both units have fully separate utilities and mechanicals, keeping operating costs cleanly divided between tenants. Steps from Dover’s vibrant downtown, shops, restaurants, major highways, and the NJ Transit direct train to NYC, this is an easy sell to commuter tenants and a lifestyle win for owner-occupants. Classic Victorian charm, bay windows, covered porches, and a detached 2-car garage complete this exceptional package. Properties at this cap rate don’t last.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4026904
Price:
$750,000
Year Built:
1910
Lot Area:
0.12 Acre
Status:
Active
Office Name:
X REALTY CORP.
Full Bathrooms:
3
Roof:
Asphalt Shingle
Features
Heating System:
Baseboard - Hotwater, 2 Units
Cooling System:
None
Basement:
Full, Walkout, Bilco-Style Door
Architectural Style:
Duplex-Side by Side
Exterior Features:
FencVnyl
Interior Features:
Carbon Monoxide Detector, Smoke Detector, Wood Floors, Tile Floors
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Address Map
Country:
US
State:
Morris
County:
Morris
City:
Dover Town
Zipcode:
07801-3928
Street:
Pequannock St
Street Number:
82
Longitude:
W75° 26' 24.4''
Latitude:
N40° 53' 13.8''
Directions:
Route 46 to Pequannock St
Neighborhood
High School:
Dover H.S.
Middle School:
Dover M.S.
Additional Information
Lot Size Dimensions:
50X100
Water Source:
Public Water
Number Of Units Total:
2
Garage:
2
Building Size:
3180
Financial
Tax Annual Amount:
10312
Listing Information
List Agent Mls Id:
301714
List Office Mls Id:
6138
Mls Status:
Active
Modification Timestamp:
2026-07-01T13:41:36Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4026904
Lot Area:
0.12 Acre
$750,000
Agent info
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Address: 637 Wyckoff Ave, 2nd Floor, Office 1
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