Rare Investment Opportunity " Spectacular 3-Family Home in Dover's Redevelopment Zone! This is a prime investment opportunity in the heart of Dover's thriving area! A true rare find, this versatile 3-family property offers immediate rental income, future growth potential, and multiple possibilities with C-1 zoning! Income-Producing Property: 3 separately metered rental units, ensuring maximized returns! Spacious & Functional Layout: Unit 1 (1st flr.: 1 Bedroom, Living Room, Dining Room, Kitchen & Bath " with a flexible front space that could be converted into an office or additional rental unit! Unit 2 (Side Unit): 2 Bedrooms, 2 Full Bathrooms " a spacious & rare layout perfect for tenants looking for extra comfort! Unit 3 (2nd Flr.): 3 Brs., 1 Bath " with a large open-concept Living & Dining area and 2 side doors for added accessibility! Extra-Deep 200' Lot " Off-street parking, prime development potential! Well-Maintained & Move-In Ready " Clean, renovated apartments with minor wear & tear, all well-maintained for continued investment success. Strong Rental Demand & Upside Potential " Solid rental income with room for escalations & increased ROI! Perfect for Investors, Developers, or Owner-Occupants Looking for Passive Income! Don't miss out on this incredible chance to own a high-demand property in Dover's growing market. Act now before this rare opportunity is gone! Purchase with adjoining property 207 E Blackwell @ $1,400,000 for the package!
Active
$725,000
203 E Blackwell St Abc #ABC, Dover Town, NJ 07801
6beds
2,358sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$731,900 Zestimate®
$307/sqft
$-- HOA
What's special
Off-street parking
- 143 days
- on Zillow |
- 496 |
- 26 |
Zillow last checked: 13 hours ago
Listing updated: May 14, 2025 at 04:58am
Listed by:
David P Wainwright 973-200-4800,
Re/Max Select,
Glen Baker
Source: GSMLS,MLS#: 3951885

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3.1
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- 3 Units, Baseboard - Hotwater, Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Range/Oven - Gas, Dishwasher, Refrigerator, Gas Water Heater
- Laundry: Laundry Room
Features
- High Ceilings, Walk-In Closet(s), Bedrooms, Dining Room, Eat-in Kitchen, Living Room, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Attic, Kitchen
- Flooring: Vinyl-Linoleum Floors, Wood
- Basement: Yes,Crawl Space,Full
- Number of fireplaces: 1
Interior area
- Total structure area: 2,358
- Total interior livable area: 2,358 sqft
Property
Parking
- Total spaces: 5
- Parking features: 1 Car Width, Additional Parking, Asphalt, Circular Driveway
- Uncovered spaces: 5
Features
- Patio & porch: Open Porch(es), Patio
- Fencing: Metal Fence
Lot
- Size: 10,018.8 Square Feet
- Dimensions: 50 x 200
- Features: Open Lot
Details
- Parcel number: 2309019040000000150000
- Zoning description: C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1900
- Major remodel year: 2024
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Cable Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
- Subdivision: E Blackwell St. - S Salem
Location
- Region: Dover
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $334,800
- Annual tax amount: $10,958
- Date on market: 3/20/2025
- Total actual rent: 5540
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
- Electric utility on property: Yes
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