127 Hemlock Hill, Unit A&B

Montague, NJ 07827

$190,000
Last Sold Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

INVESTORS-opportunity for good ROI Well-built duplex modeled on Cape Cod style. 3 BRs 1 Ba in ea unit. 2 Tenants in place on month to month basis paying under market value rent. Current Cap Rate 8.4%. Could be 12.95%+ with a little TLC . FULL Unfinished basements with walkouts. Oil Heat. Both Units currently rented month to month at $1200 each per mo. Rent with unfinished basement should be $1600 after some TLC, more if basement is finished. Poured concrete foundation. Individual decks. Two above...INVESTORS-opportunity for good ROI Well-built duplex modeled on Cape Cod style. 3 BRs 1 Ba in ea unit. 2 Tenants in place on month to month basis paying under market value rent. Current Cap Rate 8.4%. Could be 12.95%+ with a little TLC . FULL Unfinished basements with walkouts. Oil Heat. Both Units currently rented month to month at $1200 each per mo. Rent with unfinished basement should be $1600 after some TLC, more if basement is finished. Poured concrete foundation. Individual decks. Two above ground oil tanks. NOTE: interior pictures of Unit 1 only & not current. Septic plan shows 4 bedroom system design. Septic inspection showed new d-box & connected lateral to field needed. Repairs w/o 8/8/21. Won't work for owner/occupier - tenants don't wish to move at this time.
  1. Listed by NINA FRADL • UNITED REAL ESTATE

Property Details for 127 Hemlock Hill, Unit A&B

Directions
Rt 15/206 N to R on Clove Rd (Rt 653). R into High Pt C Clb; L @ Stop, then Bear R. 3rd L (Hemlock Hill),& bear R. L on Old Chmny Rdg Rdg,L into drvwy
Days On Market
195
Section/Subdiv/Development
High Point Country Club

Location

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LISTING UPDATED: 10/01/2022 03:03 AM

Property Details for 127 Hemlock Hill, Unit A&B

StatusSold
MLS #3690953
Days on Market195
Taxes$6,579 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1987
Lot Size0.49 AC / 21,344 SF
CountySussex County

Location

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Building Information for 127 Hemlock Hill, Unit A&B

Stories-Residences2Year Built1987Building Size-Lot Size0.49 AC / 21,344 SF

Payment Calculator

$1,585 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,037

Property Taxes

$548

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 127 Hemlock Hill, Unit A&B

Summary
Location and General Information
  • Zoning: R-4
  • Building #: 127
  • Middle/Jr High School: MONTAGUE
  • Grade School: MONTAGUE
  • High School: HIGH POINT
  • Active Days on Market: 165
  • County #: Sussex
  • Town Name: Montague Twp.
  • Block Identifier: 18.52
  • Listing Type: Exclusive Right to Sell
  • Unit #: A&B
  • Street # Display: 127.0
  • # Parking Spaces: 6
  • County Or Parish: Sussex
  • Street Name: HEMLOCK HILL
  • Zip Code: 07827
  • 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: $6,579
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Assessment Total: 225400.0
  • Tax ID For Property: 2814-00018-0052-00012-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2019
  • Tax Year: 2020
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Gravel, Off-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Corner
  • Lot Identifier: 12
  • Approximate Lot Size: .48 AC
  • Total Acres: 0.49
  • Construction Date/Year Built: 1987
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 190500.0
  • Assessment Land: 34900.0
Utilities
  • Cooling: No Cool
  • Services: Cable TV Available, Garbage Extra Charge
  • Utilities: All Underground, Electric
  • Water: Public Water, Water Charge Extra
  • Water Heater: Electric, From Furnace
  • Heating: 2 Units, Baseboard - Hotwater
  • Fuel Type: OilAbIn
  • Sewer: Septic 4 Bedroom Town Verified
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Deck
Interior Features
  • Interior Features: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Full, Unfinished, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Electric, Refrigerator, Self-Cleaning Oven, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 1.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 3.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
  • Unit 1 Rent: 1200.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Storage, Utility Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 1200.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Kitchen Exhaust Fan, Range/Oven - Electric, Refrigerator, Self-Cleaning Oven, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 1.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 3.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Heat, Tenant Pays Water
  • Unit 2 Rent: 1200.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Storage, Utility Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 1800.0
  • Unit 2 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $10,549.00
  • Expenses Include: Insurance, Maintenance, Taxes
  • Net Operating Income: $18,251.00
  • Gross Operating Income: $28,800.00

Property History for 127 Hemlock Hill, Unit A&B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 127 Hemlock Hill, Unit A&B

This home is within Montague Township School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Rating
School
Distance
Montague Township School
PublicPK to 8

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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of UNITED REAL ESTATE, NINA FRADL

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 04/25/2024 03:48 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.