37 Bowers Lane

Chatham, NJ 07928

$870,000
Last Sold Price
7
Beds
2
Baths
2
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Large 2 Family building on .33 acre lot. Lot is zoned for 11-12 new apartment units by right, 12,000 sq feet of building. This information is an estimate and should be clarified by your own engineering professional. Please see see zoning and survey in media. Perfect location to build new units in downtown Chatham, walking distance to train and all amenities. 24 hour notice to show, please do not walk property without confirmed appointment. Landlord has a 90 day right to have tenants vacate in both...Large 2 Family building on .33 acre lot. Lot is zoned for 11-12 new apartment units by right, 12,000 sq feet of building. This information is an estimate and should be clarified by your own engineering professional. Please see see zoning and survey in media. Perfect location to build new units in downtown Chatham, walking distance to train and all amenities. 24 hour notice to show, please do not walk property without confirmed appointment. Landlord has a 90 day right to have tenants vacate in both leases. property is being sold "as is". Buyer should complete all due diligence and all information should be verified by buyer.
  1. Listed by PATRICK JON DRISCOLL • DRISCOLL REAL ESTATE LLC

Property Details for 37 Bowers Lane

Directions
Main St. In Chatham to Bowers lane, building is at the end of street on the left.
Days On Market
140

Location

Add your commute
LISTING UPDATED: 09/13/2023 11:41 AM

Property Details for 37 Bowers Lane

StatusSold
MLS #3836471
Days on Market140
Taxes$12,378 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.33 AC / 14,374 SF
CountyMorris County

Location

Add your commute

Building Information for 37 Bowers Lane

Stories-Residences2Year Built1900Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$5,779 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,748

Property Taxes

$1,032

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 37 Bowers Lane

Summary
Location and General Information
  • Zoning: AFD-4
  • Middle/Jr High School: Chatham
  • High School: Chatham
  • Active Days on Market: 140
  • County #: Morris
  • Town Name: Chatham Boro
  • Block Identifier: 122
  • Listing Type: Exclusive Right to Sell
  • Color of Building: yellow
  • Town #: 2304.0
  • Street # Display: 37.0
  • # Parking Spaces: 6
  • County Or Parish: Morris
  • Street Name: Bowers Ln
  • Zip Code: 07928-2308
  • 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: $12,378
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 937000.0
  • Tax ID For Property: 2304-00122-0000-00013-0000-
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Gravel, Off-Street Parking
Property
Lot Information
  • Lot Description: Cul-De-Sac, Level Lot
  • Lot Identifier: 13
  • Approximate Lot Size: 100X145
  • Total Acres: 0.33
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 392000.0
  • Assessment Land: 545000.0
  • Farm Assessment: No
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV Available, Fiber Optic Available, Garbage Extra Charge
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 1 Unit, Baseboard - Hotwater
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Composition Shingle
Interior Features
  • Interior Features: Carbon Monoxide Detector, Smoke Detector
  • Roof Description: Asphalt Shingle, Flat
  • Basement: Yes
  • Basement Description: Bilco-Style Door
  • Easement Desc: storm water
  • Easement: Yes
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
  • Unit 1 Baths: 2.0
  • Unit 1 Bedrooms: 4
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Lease Expiration: 03-31-2024
  • Unit 1 Levels: 3.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 2500.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Family Room, Kitchen
  • Unit 1 Rooms: 7.0
  • Unit 1 Security Deposit: 3750.0
  • Unit 1 Sq Ft: 1700.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 03-31-2024
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1700.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Kitchen
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 2550.0
  • Unit 2 Sq Ft: 1200.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $20,000.00
  • Expenses Include: Electric
  • Net Operating Income: $30,400.00
  • Gross Operating Income: $50,400.00
Rental
Rental Information
  • Home Warranty: false

Property History for 37 Bowers Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 37 Bowers Lane

Taxable ValueLand$545,000Additions$392,000Total$937,000
Tax Record2022$12,378 ($1,031 / month)
Home Facts
Beds0Total Finished SqFt3,098 SqFtAbove Grade Finished SqFt3,098 SqFtStories2Lot Size14,501 SqFtStyleSingle Family ResidenceYear Built1900ZoningB-5CountyMORRISAPN04 00122-0000-00013

Schools near 37 Bowers Lane

This home is within The School District Of The Chathams.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 6 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
Washington Avenue Elementary School
PublicPK to 3

Chatham Middle School
Public6 to 8

Chatham High School
Public9 to 12

Milton Avenue Elementary School
PublicPK to 3

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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Similar Sold Homes

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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 DRISCOLL REAL ESTATE LLC, PATRICK JON DRISCOLL

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 09:28 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.