20 Oak St, Mount Arlington, NJ 07856

***All final offers must be submitted by Wednesday, October 23, 2024 by 12:00 noon EDT.*** ***Broker commissions are allowable and will be considered in the total evaluated price*** Welcome to 20 Oak St, a beautifully maintained legal two-family home located in the heart of Mt. Arlington, NJ on historic Bertrand Island! Bertrand Island is a picturesque and serene spot nestled along the shores of Lake Hopatcong. Known for its natural beauty, Bertrand Island features public access to the lake and stunning views of the water, making it a popular destination for outdoor enthusiasts. It’s a great place for fishing, kayaking, and enjoying peaceful moments surrounded by nature. Additionally, the island offers a sense of community, attracting both residents and visitors looking to relax and unwind. Easy Commute: 7-minute drive to Interstate Route 80 or Mt. Arlington Train Station with service to NY Penn Station. Convenient Location: Less than 12-minute drive to major shopping centers, restaurants, and parks. Rental Info: Public water, public sewer, oil heat (gas in street). Previous rents of $1,550 were below market value. Current market rents are +$2,000. Shared utilities. Owner pays heat, water, sewer, electric, garbage. Major updates between 2006-2010 include: new windows, roof, siding retaining wall, driveway, sidewalks, attic insulation. Major updates in 2024 include remodeled kitchen cabinets, new granite countertops, carpets, and screen doors. 2023 Expenses: Insurance: $988.00 Electric: $1,961.07 Water: $1,232.30 Sewer: $1,641.60 Oil: $1,924.20 Garbage: $513.00 2022 Expenses: Insurance: $946.00 Electric: $2,960.86 Water: $779.80 Sewer: $1,641.60 Oil: $2,008.58 Garbage: $513.00