120 Peapack Rd

Far Hills Boro, NJ 07931


 

Price: $549,000

GSMLS:  3988511
Type: Multi-Family
Style: 1-One Story
Total Units: 2
Beds: 4
Baths: 2 Full
Garage: No
Year Built: 1967
Acres: 0.36
Property Tax: $5,431
Description
Turn-key Duplex Opportunity In Coveted Far Hills. Set Back From The Road, This 2 Family Ranch Features Mirrored 2br/1ba Layouts, Each With Kitchen, Living Room, & Dedicated Laundry Room. Current Occupants Are Month-to-month, Long-term Renters Giving Investors Flexibility To Hold For Income Or Renovate For Upside. Single-level Footprint Simplifies Updates. Radiant Heat & Electric Utilities Support Predictable Operating Costs; Landlord Currently Pays Water & Garbage. Each Residence Enjoys Private Front & Rear Entries For Privacy & Convenience. Out Back, A Private Yard With A Large Storage Shed Adds Outdoor Utility For Bikes, Tools, & Seasonal Items. The Location Is Exceptional: Tucked Away For Quiet Living Yet Close To Transit, Shopping, Parks, Employment Hubs, & Major Corridors. The Setting's Green, Set-back Approach Enhances Curb Appeal & Tenant Retention, While The Ranch Style Keeps Maintenance Practical. Whether You Continue Renting Or Pursue A Full Value-add Renovation, The Fundamentals Here Are Strong.* Legal Two-family Ranch With Twin 2br/1ba Floor Plans* Kitchen, Living Room & In-unit Laundry In Each Residence* Month-to-month, Long-term Tenants* Radiant Heat; All-electric Utilities; Landlord Pays Water & Garbage* Private Front & Rear Entries For Each Unit* Private Backyard With Large Storage Shed* Set Back From The Road In A Premier Far Hills Locale Close To Commuter Routes, Shops, Dining, & Recreationan Exceptional Opportunity With Room To Grow.
General Info
Style:
1-One Story
SqFt Building:
1,950
Total Rooms:
8
Basement:
No - Slab
Interior:
Carbon Monoxide Detector, Carpeting, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Clapboard
Lot Size:
n/a
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Blacktop
Spaces Available:
4
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Laundry Room, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,Dryer,RgOvElec,Refrig,Washer
Utilities:
Tenant Pays Electric, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Laundry Room, Living/Dining Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookElec,Dryer,RgOvElec,Refrig,Washer
Utilities:
Tenant Pays Electric, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units
Heating Fuel:
Gas-Natural
Cooling:
2 Units, Window A/C(s)
Water Heater:
Electric
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric
Services:
Cable TV Available, Garbage Extra Charge
School Information
Elementary:
n/a
Middle:
n/a
High School:
BERNARDSVI
Community Information
County:
Somerset
Town:
Far Hills Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$549,000
Tax Amount:
$5,431
Land Assessment:
$256,500
Build. Assessment:
$202,400
Total Assessment:
$458,900
Tax Rate:
1.28
Tax Year:
2024
Listing Information
MLS ID:
3988511
List Date:
09-23-2025
Days On Market:
0
Listing Broker:
KELLER WILLIAMS REAL ESTATE
Listing Agent:
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BerkshireHillsLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox