10 Mt Olive Rd

Sq. Ft.
/ Sq. Ft.
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per Sq. Ft.

Description

Rare turnkey two-family opportunity in a prime location! Completely gut renovated in 2016, this desirable multifamily property offers strong appeal for investors or owner-occupants. Featuring 3 bedrooms 2.1 baths on one side and 4 bedroom, 2.1 baths on the other side, an inviting front porch, large driveway and a sizeable flat backyard, this duplex offers a maintenance free home since all major items such as heating systems and roof are approximately 8 to 9 years new. Bonus, the property has a fire&water...Rare turnkey two-family opportunity in a prime location! Completely gut renovated in 2016, this desirable multifamily property offers strong appeal for investors or owner-occupants. Featuring 3 bedrooms 2.1 baths on one side and 4 bedroom, 2.1 baths on the other side, an inviting front porch, large driveway and a sizeable flat backyard, this duplex offers a maintenance free home since all major items such as heating systems and roof are approximately 8 to 9 years new. Bonus, the property has a fire&water suppression system installed. Conveniently located near major highways and shopping, it combines modern updates with everyday accessibility an ideal blend of comfort and cash flow. Pictures taken prior to tenants moving in. Limited appointments, you don't want to miss this one!
  1. Listed by JULIANA PIRTEA • COLDWELL BANKER REALTY

Property Details for 10 Mt Olive Road

Directions
Flanders-Drakestown Rd or Rt 46 to Mt Olive Rd
Days On Market
3
Section/Subdiv/Development
Budd Lake
LISTING UPDATED: 01/17/2026 03:02 AM

Property Details for 10 Mt Olive Road

StatusActive
MLS #4005152
Days on Market7
Taxes$10,744 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1928
Lot Size0.33 AC / 14,374 SF
CountyMorris County

Location

Listing Courtesy of COLDWELL BANKER REALTY, JULIANA PIRTEA
Add your commute

Building Information for 10 Mt Olive Road

Stories-Residences2Year Built1928Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$4,063 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,168

Property Taxes

$895

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 10 Mt Olive Road

Summary
Location and General Information
  • Address Included: Y
  • Middle/Jr High School: MT.Olive MS
  • High School: MT.Olive HS
  • Active Days on Market: 3
  • Renovated Year: 2017
  • County #: Morris
  • Town Name: Mount Olive Twp.
  • Block Identifier: 3700
  • Listing Type: Exclusive Right to Sell
  • Color of Building: White
  • Town #: 2327.0
  • Street # Display: 10.0
  • # Parking Spaces: 8
  • County Or Parish: Morris
  • Street Name: Mount Olive Rd
  • Zip Code: 07828-3006
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $10,744
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 308300.0
  • Tax ID For Property: 2327-03700-0000-00032-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width
  • # Garage Spaces: 1
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 32
  • Approximate Lot Size: 91X175
  • Total Acres: 0.33
  • Construction Date/Year Built: 1928
  • Construction Date/Year Built Des: Approximate, Renovated
Property and Assessments
  • Assessment Bldg: 174000.0
  • Assessment Land: 134300.0
  • Farm Assessment: No
Utilities
  • Cooling: No Cool
  • Utilities: Electric, Gas-Natural
  • Water: Private, Well
  • Heating: 2 Units, Baseboard - Hotwater
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es)
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, See Remarks, Smoke Detector, Tile Floors, Wood Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Stackable Washer/Dryer
  • Unit 1 Baths: 2.1
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 05-31-2026
  • Unit 1 Levels: 3.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas
  • Unit 1 Rent: 2575.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Porch, Utility Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 3378.0
  • Unit 1 Sq Ft: 1156.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector, Stackable Washer/Dryer
  • Unit 2 Baths: 2.1
  • Unit 2 Bedrooms: 4
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 05-31-2026
  • Unit 2 Levels: 3.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas
  • Unit 2 Rent: 2750.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Porch, Utility Room
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 3608.0
  • Unit 2 Sq Ft: 1156.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $16,539.00
  • Net Operating Income: $47,362.00
  • Gross Operating Income: $63,900.00
Rental
Rental Information
  • Home Warranty: false

Property History for 10 Mt Olive Road

DateEvent & SourcePriceAppreciation
Jan 14, 2026

Listed (Active)

GSMLS #4005152

$650,000
Feb 27, 2015

Sold (Public Record)

Public Record #489378055

$135,000
Feb 27, 2015

Sold

GSMLS #3066033

$135,000
Aug 13, 2013

Listed (Active)

GSMLS #3066033

$199,000
DateEvent & SourcePrice
01/14/2026

Listed (Active)

GSMLS #4005152

$650,000
02/27/2015

Sold (Public Record)

Public Record #489378055

$135,000
02/27/2015

Sold

GSMLS #3066033

$135,000
08/13/2013

Listed (Active)

GSMLS #3066033

$199,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10 Mt Olive Road

Taxable ValueLand$134,300Additions$174,000Total$308,300
Tax Record2024$10,744 ($895 / month)
Home Facts
Beds0Total Finished SqFt2,312 SqFtAbove Grade Finished SqFt2,312 SqFtStories2Lot Size15,926 SqFtStyleSingle Family ResidenceYear Built1928ZoningR-3CountyMORRISAPN27 03700-0000-00032

Schools near 10 Mt Olive Road

This home is within Mount Olive Township School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Chester M Stephens School
PublicPK to 5

Mt Olive Middle School
Public6 to 8

Mt Olive High School
Public9 to 12

Tinc Road Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

10 Mt Olive Road is a multi-family home for sale in Budd Lake, NJ 07828. This property was listed for sale on January 14, 2026 by COLDWELL BANKER REALTY, it's currently listed at $650,000. It has been on the market for a total of 7 days and was last sold on February 27, 2015. This listing's school district is Mount Olive Township School District. Nearby schools include Chester M Stephens School, Mt Olive Middle School and Mt Olive High School. 10 Mt Olive Road is a 7-bed, 6-bath, multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER REALTY, JULIANA PIRTEA

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/21/2026 11:57 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/21/2026 11:57 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.