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1 Jenny Lind StNetcong, NJ 07857
Kings View Apartments - 38 Units
Asset ClassMultifamily
# Units38
Year Built: 2002# Stories: 4# Units: 38Access Data Room
overview of deal

Overview

Located in the desirable Town of Netcong, this 38 unit adult living apartment property was recently renovated . It is within short distance of the train station. The building’s modern design and amenities add to its appeal. The one and two bedroom apartments are well maintained with a mix of vinyl plank flooring and tiled bathrooms.

 

Netcong offers proximity to a wide range of attractions including its walkable downtown. Which includes a vibrant mix of restaurants and retail shops. Netcong also contains a large park system with some of the largest parks in the county. Within a 15 minute drive are County College of Morris, St Clare’s Dover Hospital, and Rockaway Townsquare.

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Investment Highlights

  • $350+ RENT UPSIDE
  • SELLER FINANCING AVAILABLE
  • 55+ ADULT COMMUNITY
  • RECENTLY RENOVATED
  • 5 MINUTE WALK TO TRAIN TO NYC

Unit Mix

# of Units
SF Average
Current Rent
Market Rent
1 Bedroom
16
89
$1,814
$2,150
2 Bedroom
22
1087
$2,230
$2,550
Totals
38
39,037
$937,080
$1,086,000
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1 Jenny Lind StNetcong, NJ 07857
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Listing provided by Revere CRE