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  • $1,400,000

    203 E Blackwell St Abc #203, Dover Town, NJ 07801

    --beds
    6baths
    3,662sqft
    : 
    Apartment
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $382/sqft
    $-- HOA

    What's special

    Fenced-in rear lot
    Prime Investment Opportunity " An exceptional investment opportunity awaits with two well-maintained properties in the heart of Dover's redevelopment zone. These properties offer strong rental income, future appreciation potential, and flexible usage options under C-1 zoning. Property Details: 203 E Blackwell Street " 3-Family Home Strong rental income " Unit 1: Vacant for sale (potential $1,800+ rent) Unit 2: $1,800/mo. Unit 3: $2,000/mo. Spacious 200' deep lot " offering potential for expansion or redevelopment. Well-maintained " newer roof, utilities, and windows. 207 " Single-Family Home - Currently rented for $3,200/month " immediate cash flow. Newer roof, windows, and utilities Fenced-in rear lot with permitted outdoor storage and a 2-car detached garage Investment Highlights: Buy together or separately " flexible purchase options Off-street parking & separate utilities " reducing operational costs Zoned C-1 " allowing for redevelopment, mixed-use, or continued rental growth. Major urban development underway across the street " ensuring future appreciation. Upscale rent escalation potential " maximizing long-term ROI. Why Invest Here? Immediate cash flow with existing rentals. Future development potential in a prime growth area. Stable, well-maintained assets for a secure investment. Don't miss this rare opportunity to discuss purchase options and investment strategies!
    126 days
    on Zillow
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    138
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    1
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    Zillow last checked: 12 hours ago

    Listing updated: May 14, 2025 at 04:59am

    Listed by:

    David P Wainwright 973-200-4800,

    Re/Max Select,

    Glen Baker

    Source: GSMLS,MLS#: 3951879MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 203 E Blackwell St Abc #203.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 6
    Heating
    • 4+ Units, Baseboard - Hotwater, Heat Pump, Zoned, Electric, Natural Gas
    Cooling
    • Wall Unit(s), Window Unit(s)
    Features
    • Flooring: Laminate, Tile, Wood
    • Doors: Drive-In Doors, Max Door Height: 8
    • Basement: Yes,Crawl Space,Full
    Interior area
    • Total structure area: 3,662
    • Total interior livable area: 3,662 sqft

    Property

    Parking
    • Parking features: Blacktop, Crushed Stone, Hard Surface, Parking Lot-Exclusive
    Features
    • Stories: 3
    Lot
    • Size: 10,018.8 Square Feet
    • Dimensions: 50 x 200
    • Features: Level, Open Lot, Business District
    Details
    • Parcel number: 2309019040000000150000
    • Zoning description: C-1
    • Other equipment: Appliances

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Wood, Composition Siding, Vinyl Siding
    • Roof: Asphalt Shingle
    Condition
    • Updated/Remodeled
    • 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: Smoke Detector(s)
    Location
    • Region: Dover

    Financial & listing details

    • Price per square foot: $382/sqft
    • Tax assessed value: $334,800
    • Annual tax amount: $17,500
    • Date on market: 3/20/2025
    • Inclusions: Building & Land
    • Ownership type: Fee Simple
    • Tenant pays: Cable TV, Electricity, Gas, Heat, Hot Water
    • Electric utility on property: Yes
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