223 Halsey Road

Parsippany, NJ 07054

$850,000
Price
6
Beds
4
Baths
2,490 Sq. Ft.
$341 / Sq. Ft.
2,490
Sq. Ft.
$341
per Sq. Ft.

Description

EAT-IN KITCHEN
FULLY EQUIPPED KITCHEN
FULLY EQUIPPED EAT-IN KITCHEN
CENTRAL HVAC SYSTEMS
DEDICATED DINING ROOM
DO NOT CONTACT AGENT, CONTACT OWNER DIRECTLY AT 973-615-8182
$7200/month in current rental income with room for upside! Discover the perfect blend of investment potential and immediate cash-flow in this dynamic multi-family property in the heart of Parsippany, New Jersey. Comprising of three well-maintained apartments, this property promises both lucrative returns and tenant satisfaction. Apartment
...EAT-IN KITCHEN
FULLY EQUIPPED KITCHEN
FULLY EQUIPPED EAT-IN KITCHEN
CENTRAL HVAC SYSTEMS
DEDICATED DINING ROOM

DO NOT CONTACT AGENT, CONTACT OWNER DIRECTLY AT 973-615-8182

$7200/month in current rental income with room for upside! Discover the perfect blend of investment potential and immediate cash-flow in this dynamic multi-family property in the heart of Parsippany, New Jersey. Comprising of three well-maintained apartments, this property promises both lucrative returns and tenant satisfaction. Apartment 1 - is an inviting 1-bedroom, 1-bathroom suite that features a cozy living room and a quaint eat-in kitchen. Apartment 2 - is a generously spaced 2-bedroom, 1-bathroom unit with a fully equipped eat-in kitchen and a spacious living area, perfect for a small family or a pair of roommates. Apartment 3 - is the crown jewel of this property. A duplex unit boasting 3-bedrooms and 2-full bathrooms, a fully equipped kitchen, a dedicated dining room, and a spacious living area. What sets this unit apart is its exceptional 18-20ft high ceilings, adding an element of grandeur and airiness to the space. Significant value-adds were made in 2022 with the 2-bedroom and 3-bedroom units undergoing complete renovations, inclusive of the installation of central HVAC systems, thus offering modern comforts to the tenants. Situated just three blocks away from the beautiful lake, the location is as prime as it gets, offering a mix of natural beauty and urban convenience. The property is fully occupied with satisfied tenants, demonstrating its desirability and income-generating potential. However, arrangements can be made for relocation, if necessary, providing flexibility for new owners. For an immersive visual experience, please visit the links below for photographs of the property prior to the current tenants' move-in:

Apartment 2: https://www.zillow.com/homes/223-Halsey-Rd-.num.2-Parsippany,-NJ-07054_rb/2075391743_zpid/? Apartment 3: https://www.zillow.com/homes/223-Halsey-Rd-.num.3-Parsippany,-NJ-07054_rb/2065422700_zpid/

Don't miss out on this excellent opportunity to own a standout and rare multi-family property in a sought-after location!

Amenities

  • Eat-in Kitchen
  • Formal Dining Room
  • High Ceilings

Location

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LISTING UPDATED: 06/04/2023 08:00 PM

Property Details for 223 Halsey Road

StatusActive
MLS #11494940
Days on Market325
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1940
Lot Size0.24 AC / 10,497 SF
CountyMorris County

Location

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Building Information for 223 Halsey Road

Stories-Residences-Year Built1940Building Size-Lot Size0.24 AC / 10,497 SF

Payment Calculator

$5,443 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$804

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property History for 223 Halsey Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 223 Halsey Road

Taxable ValueLand$140,700Additions$154,800Total$295,500
Tax Record2022$9,646 ($804 / month)
Home Facts
Total Finished SqFt2,490 SqFtAbove Grade Finished SqFt2,490 SqFtStories2Lot Size10,498 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningR-4CountyMORRISAPN29 00307-0000-00007

Schools near 223 Halsey Road

This home is within Parsippany-Troy Hills Township School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 12
Rating
School
Distance
Lake Parsippany Elementary School
PublicK to 5

Brooklawn Middle School
Public6 to 8

Parsippany Hills High School
Public9 to 12

Parsippany Christian School
PrivatePK 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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Similar Homes

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223 Halsey Road is a multi-family home for sale in Parsippany, NJ 07054. This property was listed for sale on June 5, 2023 by For sale by owner, please contact, it's currently listed at $850,000. It has been on the market for a total of 325 days and was last sold on June 10, 2021. This listing's school district is Parsippany-Troy Hills Township School District. Nearby schools include Lake Parsippany Elementary School, Brooklawn Middle School and Parsippany Hills High School. 223 Halsey Road is a 6-bed, 4-bath, 2,490 sqft multi-family home built in 1940.

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.

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 04/26/2024 04:55 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.