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    • $495,000

    1055-1057 Rt521, Stillwater Twp., NJ 07860

    4beds
    --sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $503,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Smaller building
    Extremely well taken care of investment property with 3 units fully rented & a current Cap Rate based on asking price of 7%. Low taxes. Located in the quiet rural area of Stillwater this property has 2 buildings. Option to live in one and rent other 2. The smaller building (unit 1) has 1-bedroom & 1 bathroom while the 2-family property has 1 bedroom & 1 bathroom on the ground floor level (unit 2) & 2 bedrooms & 1 bathroom upstairs (unit 3). A fantastic turnkey Investment property!
    106 days
    on Zillow
    |
    467
    |
    37
    |

    Zillow last checked: 15 hours ago

    Listing updated: August 15, 2025 at 07:13am

    Listed by:

    John D. Ryan 973-827-7725,

    Mountain Properties Realty Llc

    Source: GSMLS,MLS#: 3961773MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1055-1057 Rt521.

    Next available tour time:Today at 2:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • 2 Units, Electric, Oil Tank Above Ground - Outside
    Features
    • Kitchen, Living Room, Living/Dining Room, Master Bedroom, Bedrooms
    • Basement: Yes,Partial
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 6
    • Parking features: Additional Parking, Crushed Stone
    • Uncovered spaces: 6
    Features
    • Levels: One,Two
    • Stories: 1
    Lot
    • Size: 10,018.8 Square Feet
    • Dimensions: 73 x 138 AV
    • Features: Level
    Details
    • Parcel number: 2820018010000000120000
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Roof: Asphalt Shingle
    Condition
    • Major remodel year: 2005

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Carbon Monoxide Detector
    Location
    • Region: Newton

    Financial & listing details

    • Tax assessed value: $177,900
    • Annual tax amount: $6,454
    • Date on market: 5/8/2025
    • Total actual rent: 4310
    • Tenant pays: Electricity
    • Electric utility on property: Yes
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