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Description

Investment opportunity for 3 unit rental property! Occupied by long term tenants (14 years-5 years) regular maintenance, recent upgrades and repairs that make this an even greater value. First and second floor are 2 bedroom living, full eat in kitchen & bath. Back side of first floor (unit 2) is also 2 bed 1 bath with large eat in kitchen & living room. The downstairs lower level is a large one bedroom, full bath, living kitchen & bonus laundry room. All units have separate heat & hot water. Building...Investment opportunity for 3 unit rental property! Occupied by long term tenants (14 years-5 years) regular maintenance, recent upgrades and repairs that make this an even greater value. First and second floor are 2 bedroom living, full eat in kitchen & bath. Back side of first floor (unit 2) is also 2 bed 1 bath with large eat in kitchen & living room. The downstairs lower level is a large one bedroom, full bath, living kitchen & bonus laundry room. All units have separate heat & hot water. Building is connected to Madison sewers. Parking in front parking area and driveway. Large backyard with huge storage barn that could be generating rental income as well (aprox 1k monthly ) Town approved this building as a 3 unit nonconforming years ago. Fully transferable to new owners.
  1. Listed by JASON KROCHALIS • KL SOTHEBY'S INT'L. REALTY

Property Details for 70 Burnet Road

Directions
Ridgedale Ave to Burnet Rd #70 (end of Burnet Rd-Florham Park with Madison mailing address)
Days On Market
19
LISTING CLOSED: 11/10/2021 12:00 AM

Property Details for 70 Burnet Road

StatusSold
MLS #3741142
Days on Market19
Taxes$8,062 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built2000
Lot Size0.50 AC / 21,780 SF
CountyMorris County
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Building Information for 70 Burnet Road

Stories-Residences3Year Built2000Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

$3,874 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,202

Property Taxes

$672

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 70 Burnet Road

Summary
Location and General Information
  • Zoning: R-15
  • Active Days on Market: 19
  • County #: Morris
  • Town Name: Florham Park Boro
  • Block Identifier: 1502
  • Listing Type: Exclusive Right to Sell
  • Town #: 2311.0
  • Street # Display: 70.0
  • # Parking Spaces: 6
  • County Or Parish: Morris
  • Street Name: Burnet Rd
  • Zip Code: 07940-1231
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $8,062
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 514500.0
  • Tax ID For Property: 2311-01502-0000-00001-0000-
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year: 2020
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Additional Parking
  • # Garage Spaces: 2
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Identifier: 1
  • Approximate Lot Size: .499 AC
  • Total Acres: 0.5
  • Construction Date/Year Built: 2000
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 189500.0
  • Assessment Land: 325000.0
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV, Garbage Included
  • Utilities: All Underground
  • Water: Public Water
  • Heating: 3 Units
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Stucco, Vinyl Siding
  • Exterior Features: Barn/Stable
Interior Features
  • Interior Features: Carbon Monoxide Detector, Smoke Detector
  • Roof Description: Asphalt Shingle, Fiberglass
  • Basement: Yes
  • Basement Description: Finished, Full
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 1
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1475.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 1 Rooms: 4.0
  • Unit 1 Security Deposit: 2212.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1825.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom, Pantry
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 2737.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Dryer, Range/Oven - Gas, Refrigerator, Smoke Detector, Washer
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1350.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Laundry Room, Living Room
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 2025.0
  • Unit 3 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $.00
  • Net Operating Income: $.00
  • Gross Operating Income: $.00

Property History for 70 Burnet Road

DateEvent & SourcePriceAppreciation
Nov 10, 2021

Sold

GSMLS #3741142

$630,000
Nov 8, 2021

Temporarily Off Market

GSMLS #3741142

Nov 4, 2021

Sold (Public Record)

Public Record #1483722459

$630,000
DateEvent & SourcePrice
11/10/2021

Sold

GSMLS #3741142

$630,000
11/08/2021

Temporarily Off Market

GSMLS #3741142

11/04/2021

Sold (Public Record)

Public Record #1483722459

$630,000

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

Public Records for 70 Burnet Road

Taxable ValueLand$325,000Additions$189,500Total$514,500
Tax Record2024$8,355 ($696 / month)
Home Facts
Beds0Total Finished SqFt1,640 SqFtAbove Grade Finished SqFt1,640 SqFtStories2Lot Size21,736 SqFtStyleSingle Family ResidenceYear Built1852Year Renovated1852ZoningR-15CountyMORRISAPN11-01502-0000-00001

Schools near 70 Burnet Road

This home is within Florham Park Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Briarwood Elementary School
PublicPK to 2

Brooklake Elementary School
Public3 to 5

Ridgedale Middle School
Public6 to 8

Hanover Park High School
Public9 to 12

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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KL SOTHEBY'S INT'L. REALTY, JASON KROCHALIS

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: 08/03/2026 12:18 PM. 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: 08/03/2026 12:18 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.