209 W Chrystal St Ab, Dover Town, NJ 07801
Morris County
Key Facts
Description
Rare opportunity to own a well-maintained, income-producing legal two-family home generating over $5,500 per month in rental income with a strong 7%+ cap rate. This property is ideal for investors seeking immediate cash flow or owner-occupants utilizing FHA financing while offsetting housing costs with rental income.The home features separate utilities for each unit, including gas, electric, water, and sewer, allowing tenants to pay their own expenses. Additional highlights include a two-car garage, ample driveway parking, a full basement with laundry possible and storage areas, a spacious backyard, patio, and potential future development opportunities, including possible lot subdivision (buyer to perform due diligence).
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
2-Two Story / See Remarks
Year Built
2026
Stories
2
Living Area
1,650 sq ft
Lot Size
0.51 acres
Garage Spaces
2
MLS® Listing#
4040395
Property Features
Appliances
Heating
Flooring
Basement
Parking
Patio
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Schools
- Elementary:
- East Dover
- Middle:
- Dover M.S.
- High:
- Dover H.S.
Financial Details
Annual Taxes
$9,489
Tax year 2025
Assessed Value
$271,900
Parcel Number
2309-01701-0000-00021-0001-
Directions
R10 west - Right to S Morris st, - left to W Chrystal
Affordability Calculator
$139,800
Estimated monthly payment
$3,720/mo
Principal $559,200 · Est. interest $780,134 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Dover Town, NJ
- $521,429
- Median Listing Price
- 38
- Median Days on Market
- 1,914
- Median Sq Ft
- $297
- Median Price / Sq Ft
- 218
- Active Listings
- This home’s price is 34% above the area median.
- Its price per sq ft is 43% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Dover Town, NJ.
Location
Points of Interest in Dover Town, NJ
Showing the Dover Town area map.
Nearby Schools
Academy Street Elementary School
Elementary · 0.4 mi away
Fernbrook Elementary School
Elementary · 0.6 mi away
Morris County Council of Education Associations (McCea)
School · 0.8 mi away
Regional Training Center
School · 0.8 mi away
Scared Heart School
School · 0.8 mi away
Escuela Dominical Ipul Dover
School · 1.0 mi away
Imagine and Learn Childcare Center
School · 1.0 mi away
El Primer Paso
School · 1.1 mi away
Randolph Country Day School
School · 1.2 mi away
East Dover Elementary School
Elementary · 1.2 mi away
Dover Middle School
Secondary · 1.3 mi away
CCM Campus Store
School · 1.3 mi away
North Dover Elementary School
Elementary · 1.5 mi away
Dover High School
Secondary · 1.7 mi away
Apple Montessori Schools
Elementary · 1.7 mi away
Goddard School
School · 1.7 mi away
MacKinnon Middle School
Secondary · 1.8 mi away
Marie V. Duffy Elementary School
Elementary · 1.8 mi away
Randolph Middle School
Secondary · 1.8 mi away
Randolph High School
Secondary · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 25 Passaic St, Dover Town, NJ | $495,000 | 4 | 2 | — |
| 10 Thompson St, Newton Town, NJ | $495,000 | 5 | 3 | — |
| 605 Corliss Ave, Phillipsburg Town, NJ | $495,000 | 4 | 3 | 2,194 |
| 4 Park Heights Ave, Dover Town, NJ | $499,000 | 4 | 2 | 1,461 |
| 582 Roseberry St, Phillipsburg Town, NJ | $525,000 | 6 | 3 | — |
| 85 Madison St, Newton Town, NJ | $529,999 | 5 | 4 | 2,250 |
Moving Cost Estimate
EXIT Agents in Dover Town
Listing Courtesy: ELITE REALTORS OF NEW JERSEY - 9739949009