2-4 Family Home For Sale in Dumont, NJ
MLS# : 25011094
PROPERTY DETAILS
PROPERTY DESCRIPTION
Investment Opportunity in Dumont! This well-maintained two-family home in the heart of Dumont is an excellent income-generating property with long-term tenants in place. First Floor Unit: Features a spacious open layout with a living room, dining room, and an eat-in kitchen, along with 3 bedrooms and 2 full baths. The unit includes a full finished basement, providing additional living space and functionality. This unit also offers a two-car garage and a driveway that can accommodate four additional vehicles. The current tenants pay $3,750/month and have already agreed to a 5% rent increase for renewal. Second Floor Unit: This bright and comfortable unit offers 3 bedrooms, a sitting area, and a kitchen. It has its own separate driveway with parking for at least two cars. The same reliable tenant has been renting for 7 consecutive years and is looking to renew for another year, currently paying $2,300/month. With a strong rental history and built-in income, this property is a turnke
Amenities
This listing is a courtesy of Coldwell Banker, Alpine/Closter
201-767-0550 office, listing agent Avia Blum
About Dumont, NJ Real Estate Market
The town of Dumont is named after Dumont Clarke, who served as the first mayor of the borough. Dumont is spread over 1.95 square miles and has other boroughs of Bergen county, such as Oradell, Haworth, Cresskill, Bergenfield, Demarest and New Milford, surrounding it.
Dumont is a small town prominently covered by parks and small-sized houses across a few lanes. There are four main roads in the borough, namely County Route 505, Knickerbocker Road, Madison Avenue and Washington Avenue.
The town has four parks along these main roads, which host several recreational and sports activities. These parks are Memorial Park in the east of Dumont, Twin Boro Field on the opposite side of the borough, Fred Triplett Park in the centre of the borough and Dawn M. Totten Memorial Field across the street where Fred Triplett Park is located. One can also find a decent number of restaurants and schools, apart from a number of small New Jersey houses, despite the low population.
| Population: | 17,479 |
| Total Housing Units: | 6,542 |
| Single Family Homes: | 4,978 |
| General Tax Rate (2023): | 3.965% |
| Effective Tax Rate (2023): | 2.489% |
| Compare To Other Towns |
Dumont Market Indicators
PRICE INDEX
| Average Price* (12mo): | $598,863 |
| Homes Sold* (12mo): | 125 |
SINGLE FAMILY HOME SALES
Dumont, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 3.965% |
| Effective Tax Rate (2023): | 2.489% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
