314 Cornelia Street, Unit 4

Boonton, NJ 07005

$1,795,000
Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The historic "cornelia house" is for sale! Just a short walk downtown, this 1865 queen ann victorian has all the charm and grander of yester year with some of today's modern updates. Just renovated, this grand, 3 story, 4 family has approximately 6000 sq ft of living space, full walk out unfinished basement, detached 2 car garage with circular driveway with plenty of parking and sits on a large level private lot. Unit 1 features 2/3 bedrooms, approx 1500 sq. Ft, unit 2 is a 1 bedroom, unit 3 is a...The historic "cornelia house" is for sale! Just a short walk downtown, this 1865 queen ann victorian has all the charm and grander of yester year with some of today's modern updates. Just renovated, this grand, 3 story, 4 family has approximately 6000 sq ft of living space, full walk out unfinished basement, detached 2 car garage with circular driveway with plenty of parking and sits on a large level private lot. Unit 1 features 2/3 bedrooms, approx 1500 sq. Ft, unit 2 is a 1 bedroom, unit 3 is a 2 bedroom and unit 4 is approx 2000 sq ft 3 bedroom with beautiful mountain views and a great view of boonton reservoir. All units have new custom kitchens, custom bathrooms, luxury vinyl flooring, led lighting and are loaded with charm. Units 1 & 4 feature new natural gas heat and central air, unit 2 & 3 feature new split air heat and ac systems. All new windows and all units have new electric hot water heaters. All have separate electric. Sewer and water is shared. Most of the electric and plumbing is new. Detached 2 car garage with openers and new circular driveway. Original slate roof remains and is in good condition. This property is rumored to have been the 1st property to have electricity in boonton. This property would be a great investment or amazing home to reside in 1 and collect 3 incomes! Property currently for rent. Close to public transportation, major routes and shopping. Dont miss this rare opportunity!
  1. Listed by JOSEPH MORREALE • RE/MAX SELECT

Property Details for 314 Cornelia Street, Unit 4

Directions
314 CORNELIA STREET, BOONTON TOWN
Days On Market
52

Location

Listing Courtesy of RE/MAX SELECT, JOSEPH MORREALE
Add your commute
LISTING UPDATED: 04/19/2024 09:35 AM

Property Details for 314 Cornelia Street, Unit 4

StatusActive
MLS #3888831
Days on Market57
Taxes$19,732 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeFourplex
MLS TypeMulti Family / Fourplex
Year Built1865
Lot Size0.63 AC / 27,442 SF
CountyMorris County

Location

Listing Courtesy of RE/MAX SELECT, JOSEPH MORREALE
Add your commute

Building Information for 314 Cornelia Street, Unit 4

Stories-Residences4Year Built1865Building Size-Lot Size0.63 AC / 27,442 SF

Payment Calculator

$11,440 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,796

Property Taxes

$1,644

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 314 Cornelia Street, Unit 4

Summary
Location and General Information
  • Zoning: MULTI FAMILY
  • Building #: 1
  • Active Days on Market: 52
  • Renovated Year: 2024
  • County #: Morris
  • Town Name: Boonton Town
  • Block Identifier: 58
  • Listing Type: Exclusive Right to Sell
  • Color of Building: BROWN
  • Town #: 2301.0
  • Unit #: 4
  • Street # Display: 314.0
  • # Parking Spaces: 8
  • County Or Parish: Morris
  • Street Name: Cornelia St
  • Zip Code: 07005-1881
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $19,732
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 599600.0
  • Tax ID For Property: 2301-00058-0000-00002-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: Blacktop, Circular, Driveway-Exclusive, On-Street Parking
  • # Garage Spaces: 2
  • Garage Description: Detached Garage, Garage Door Opener
Property
Lot Information
  • Lot Description: Level Lot, Open Lot
  • Lot Identifier: 2
  • Approximate Lot Size: 108X257
  • Total Acres: 0.63
  • Construction Date/Year Built: 1865
  • Construction Date/Year Built Des: Historical, Renovated
Property and Assessments
  • Assessment Bldg: 220700.0
  • Assessment Land: 378900.0
  • Farm Assessment: No
Utilities
  • Cooling: 4 Units, Central Air, Ductless Split AC
  • Utilities: Electric, Gas In Street, Gas-Natural
  • Water: Public Water
  • Water Heater: Electric
  • Heating: 4 Units, Forced Hot Air, Heat Pump
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cedar Siding, Stone
  • Exterior Features: Thermal Windows/Doors
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
  • Roof Description: Slate
  • Basement: Yes
  • Basement Description: Bilco-Style Door, Full, Unfinished, Walkout
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Stackable Washer/Dryer
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • 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: 0.0
  • Unit 1 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Laundry Room, Living Room, Master Bedroom
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 1300.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Stackable Washer/Dryer
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 1
  • 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 Heat
  • Unit 2 Rent: 0.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Laundry Room, Living Room
  • Unit 2 Rooms: 3.0
  • Unit 2 Security Deposit: 0.0
  • Unit 2 Sq Ft: 700.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Stackable Washer/Dryer
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 2.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Heat
  • Unit 3 Rent: 0.0
  • Unit 3 Room Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 0.0
  • Unit 3 Sq Ft: 850.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Stackable Washer/Dryer
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 3
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 1.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 4 Rent: 0.0
  • Unit 4 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Laundry Room, Living Room
  • Unit 4 Rooms: 6.0
  • Unit 4 Security Deposit: 0.0
  • Unit 4 Sq Ft: 1500.0
Multi-Family Information
  • Unit Style: Fourplex
Income & Expenses Information
  • Total Operating Expense: $19,732.00
  • Expenses Include: Taxes
  • Net Operating Income: $135,668.00
  • Gross Operating Income: $155,400.00
Rental
Rental Information
  • Home Warranty: false

Property History for 314 Cornelia Street, Unit 4

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 314 Cornelia Street, Unit 4

This home is within Boonton Town School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - PK to 8
Public - PK to 12
Private - PK to 8
Rating
School
Distance
School Street Elementary School
PublicPK to 2

John Hill Elementary School
PublicPK to 8

Boonton High School
PublicPK to 12

Our Lady of Mount Carmel School
PrivatePK 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.

Similar Homes

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314 Cornelia Street, Unit 4 is for sale in Boonton, NJ 07005. This property was listed for sale on March 3, 2024 by RE/MAX SELECT, it's currently listed at $1,795,000. This listing's school district is Boonton Town School District. Nearby schools include School Street Elementary School, John Hill Elementary School and Boonton High School. 314 Cornelia Street, Unit 4 is a 8-bed, 4-bath, built in 1865.

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 RE/MAX SELECT, JOSEPH MORREALE

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 04/29/2024 05:02 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.