About 3-5 Sickle St
Discover this newly renovated and impeccably maintained legal two-family home, offering an outstanding investment opportunity in today's market. With separate utilities, low property taxes, and a strong cap rate exceeding 7.5%, this property delivers both stability and high return potential a rare find for investors or owner-occupants alike.Ideal for those seeking FHA financing, the home allows you to live in one unit while collecting rent from the other, maximizing both comfort and cash flow. Each apartment features private entrances, long-term tenants, and modern updates throughout, ensuring reliable income and minimal maintenance concerns. Driveway parking for 4"5 cars; Natural gas heating and separate meters for gas, electric, and water/sewer all paid by tenants; Not located in a flood zone (no flood insurance required); Both units recently renovated and in excellent condition; This property combines convenience, strong rental income, and long-term investment value a truly turnkey opportunity ready for its next owner.
Features of 3-5 Sickle St
| MLS® # | 3991017 |
|---|---|
| Price | $588,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Acres | 0.11 |
| Year Built | 1930 |
| Type | Multi Family |
| Style | TwoStory |
| Status | Active |
Community Information
| Address | 3-5 Sickle St |
|---|---|
| City | Dover Town |
| County | Morris |
| State | NJ |
| Zip Code | 07801-2133 |
Amenities
| Utilities | Electric, Gas-Natural |
|---|---|
| Parking Spaces | 4 |
| Parking | 2 Car Width, Additional Parking, Fencing, On-Street Parking, Parking Lot-Exclusive |
| # of Garages | 4 |
| Garages | On Site, On-Street Parking, Separate Location |
Interior
| Interior Features | Carbon Monoxide Detector, Fire Extinguisher, Tile Floors, Wood Floors, Smoke Detector |
|---|---|
| Heating | Electric, Gas-Natural |
| Has Basement | Yes |
| Basement | Finished, Full |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Exterior Features | Privacy Fence, Sidewalk |
| Roof | Asphalt Shingle, Flat |
School Information
| Elementary | East Dover |
|---|---|
| Middle | North Dove |
| High | Dover H.S. |
Additional Information
| Date Listed | October 6th, 2025 |
|---|---|
| Days on Market | 24 |
| Zoning | Residential |
Listing Details
| Office | ELITE REALTORS OF NEW JERSEY |
|---|---|
| Contact Info | 973-723-2015 |