The perfect rental property! Fully reimagined in 2024, this stunning 3-bedroom colonial is essentially brand new everything has been updated except for the four walls! Currently leased to a quality tenant, with an owner-reported rental income of $55,200, taxes of $9,872.02, and insurance costs of $3,773.25, resulting in a net operating income of $41,555. Virtually no repairs or replacements are anticipated in the near future, making this an ideal investment for a hands-off landlord.Inside, the home boasts 3.5 elegantly designed baths, including a luxurious primary suite that spans the third floor. The thoughtfully redesigned floor plan offers a modern, functional layout.Outside, the property sits on a spacious open lot with a peaceful stream running through the backyard a serene retreat that the owner represents has not been affected by flooding. The location couldn't be more convenient: just minutes from major highways and even closer to the train station, all in the highly sought-after Peapack-Gladstone area.
Listed by:
Compass New Jersey, Llc
Source:
Garden State MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| May 6, 2026 | 28 days ago | Price decreased50,000 (7%) | $650,000 |
| Apr 14, 2026 | 2 mos ago | New on market | $700,000 |