5 Locust Court presents a solid opportunity for a buyer seeking an occupied property with current rental income in place. The home is tenant-occupied through November, with the current tenant paying $1,500 per month.
This two-story townhouse offers a functional layout with a living room, fireplace, eat-in kitchen, laminate-style flooring, and a private fenced outdoor area. Recent improvements include a newer roof installed approximately two years ago and a newer kitchen, adding meaningful value to the property’s overall condition and long-term appeal.
The property appears to be in livable rental condition with room for cosmetic improvement over time. It may appeal to buyers looking for current income, future owner-occupancy potential, or a longer-term hold, subject to current or future association rules regarding rentals.
Property is being sold subject to the existing tenancy. Buyer responsible for verifying all lease terms, HOA information, taxes, condition, improvements, and financials.
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Listing Snapshot
Price
$199,900
Days On Site
135 Days
Bedrooms
2
Inside Area (SqFt)
968 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
N/A
Year Built
1975
MLS® Number
NJCD2118378
Status
Active
Property Tax
$1,614
HOA/Condo/Coop Fees
$110 monthly
Sq Ft Source
Estimated
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Recent Activity
4 months ago
Listing first seen on site
4 months ago
Listing updated with changes from the MLS®
General Features
Levels
Two
Parking
AssignedOther
Property Sub Type
Condominium
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
968
SqFt Total
968
Style
Contemporary
Utilities
Water AvailableSewer AvailableNatural Gas AvailableElectricity Available
Water Source
Public
Zoning
RM
Interior Features
Appliances
Electric RangeElectric OvenGas Water HeaterWasherDishwasherMicrowaveRefrigeratorDryer
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