6 Brook Street Peapack Gladstone Boro, NJ 07977

$700,000
3
Beds
3.1
Baths
0.43
Acres
1,776
SQFT
394
$/SQFT
$700,000
3
Beds
3.1
Baths
1,776   sf
$394 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Somerset
  • Tax Amount
    $9,872
  • Status
    Upcoming
  • Listing #
    4020616
  • Built
    1890
  • Lot Size
    0.43
  • Listed on site
    70 days

Listed by:
Compass New Jersey, Llc

Source:
Garden State MLS

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Property details

Exterior features

  • No Pool

Style

  • Colonial

Property History

DateDays AgoEventNew Price
May 6, 20262 mos agoPrice decreased50,000 (7%)$650,000
Apr 14, 20262 mos agoNew on market$700,000
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