INVESTMENT PROPERTY OPPORTUNITY. (GOI $60,000, TOE $13,000. NOI $47,000). EXCELLENT LOCATION. Only a few blocks to train & downtown. TENANT OCCUPIED for the next 12 months. $5000/month rental income. Many improvements made in the past few years. Updated bathrooms, newer windows, fresh paint, brand new recessed lights in living room and new carpet downstairs. New chimney cap and masonry work just completed. New gutters. New "mini-split" HVAC added to main level. NEW WATER HEATER just installed MID-JUNE 2022, Dedicated laundry area on lower level. Separate entrance to utilities and large, newly painted garage. Completely empty attic runs entire width of house. Seller is developer who originally purchased property to provide utilities for the construction off 34 walnut next door. After holding this property for 10 years, they are now moving on to a new project.
Single Family
- Price
- $ 745,000
- City
- Madison Boro
- Bedrooms
- 4
- Full Bathrooms
- 2
- County
- MORRIS
- Half Bathrooms
- 0
- Area
- Madison Boro
- Lot Size
- 7,405 SqFt
- Zip
- 07940
- Year Built
- 1968
- Taxes
- $ 10913
- Style
- Bi-Level
- MLS#
- 3776713
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,396
Per MonthBased on the average sale price from the Maplewood, NJ office
- Monthly Principal & interest $2,268
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 5.49% 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.
Schools
Price History
Property vs Zip Code Average in 07940
Map
Areas That We Cover
- Asbury Park City
- Berkeley Heights Twp.
- Bloomfield Twp.
- Caldwell Boro Twp.
- Chatham Boro
- Chatham Twp.
- City Of Orange Twp.
- Cranford Twp.
- Fanwood Boro
- Florham Park Boro
- Garwood Boro
- Glen Ridge Boro Twp.
- Hanover Twp.
- Livingston Twp.
- Madison Boro
- Maplewood Twp.
- Millburn Twp.
- Montclair Twp.
- Morris Plains Boro
- Morris Twp.
- Morristown Town
- Mountainside Boro
- New Providence Boro
- Red Bank Boro
- Roseland Boro
- South Orange Village Twp.
- Springfield Twp.
- Summit City
- Union Twp.
- Verona Twp.
- Watchung Boro
- West Caldwell Twp.
- West Orange Twp.
- Westfield Town
- Westfield Twp.
38 Walnut St Madison Boro, NJ is a Single Family Home for sale at $745000 and a lot size of 7,405 SqFt Acre(s). 38 Walnut St Madison Boro has 4 bedrooms, 2 baths and was built in 1968. The property's zip code is 07940 which is in Madison Boro, NJ
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.49% 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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