314 Cornelia St # 4 Boonton, NJ $ 1,795,000
314 Cornelia St # 4
$ 1,795,000
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314 Cornelia St # 4

Boonton, NJ, 07005
$ 1,795,000
Bedrooms8 Baths4.0 Sq 6,000

Monthly Estimate*

$ 10,750

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Multi-Family Home for sale in Boonton, NJ

for $1,795,000 with 8 bedrooms and 4 full baths. This 6,000 square foot home was built in 1865 on a lot size of 0.63.

THE HISTORIC "CORNELIA HOUSE" IS FOR SALE! JUST A SHORT WALK DOWNTOWN, THIS 1865 QUEEN ANN VICTORIAN HAS ALL THE CHARM AND GRANDER OF YESTER YEAR WITH SOME OF TODAY'S MODERN UPDATES. JUST RENOVATED, THIS GRAND, 3 STORY, 4 FAMILY HAS APPROXIMATELY 6000 SQ FT OF LIVING SPACE, FULL WALK OUT UNFINISHED BASEMENT, DETACHED 2 CAR GARAGE WITH CIRCULAR DRIVEWAY WITH PLENTY OF PARKING AND SITS ON A LARGE LEVEL PRIVATE LOT. UNIT 1 FEATURES 2/3 BEDROOMS, APPROX 1500 SQ.FT, UNIT 2 IS A 1 BEDROOM, UNIT 3 IS A 2 BEDROOM AND UNIT 4 IS APPROX 2000 SQ FT 3 BEDROOM WITH BEAUTIFUL MOUNTAIN VIEWS AND A GREAT VIEW OF BOONTON RESERVOIR. ALL UNITS HAVE NEW CUSTOM KITCHENS, CUSTOM BATHROOMS, LUXURY VINYL FLOORING, LED LIGHTING AND ARE LOADED WITH CHARM. UNITS 1 & 4 FEATURE NEW NATURAL GAS HEAT AND CENTRAL AIR, UNIT 2 & 3 FEATURE NEW SPLIT AIR HEAT AND AC SYSTEMS. ALL NEW WINDOWS AND ALL UNITS HAVE NEW ELECTRIC HOT WATER HEATERS. ALL HAVE SEPARATE ELECTRIC. SEWER AND WATER IS SHARED. MOST OF THE ELECTRIC AND PLUMBING IS NEW. DETACHED 2 CAR GARAGE WITH OPENERS AND NEW CIRCULAR DRIVEWAY. ORIGINAL SLATE ROOF REMAINS AND IS IN GOOD CONDITION. THIS PROPERTY IS RUMORED TO HAVE BEEN THE 1ST PROPERTY TO HAVE ELECTRICITY IN BOONTON. THIS PROPERTY WOULD BE A GREAT INVESTMENT OR AMAZING HOME TO RESIDE IN 1 AND COLLECT 3 INCOMES! PROPERTY CURRENTLY FOR RENT. CLOSE TO PUBLIC TRANSPORTATION, MAJOR ROUTES AND SHOPPING. DONT MISS THIS RARE OPPORTUNITY!

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Multi-Family Pending

Price

$ 1,795,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 19,732

Style

Fourplex

Lot Size

0.63

Year Built

1865

Town/City

Boonton

County/Region

Morris

MLS | Web ID

3932246

Features
General
Interior Features Carbon Monoxide Detector Fire Extinguisher Smoke Detector Tile Floors Vinyl-Linoleum Floors
Sewer Public Sewer
Heating 4+ Units Forced Hot Air Heat Pump
Cooling 4+ Units Central Air Ductless Split AC
Utilities Electric Gas In Street Gas-Natural
Possession UPON CLOSING
Roof Slate
Water Heater Electric
Exterior Features Thermal Windows/Doors
Zoning MULTI FAMILY
Garage Spaces 2
Architectural Style Fourplex
Year Built 1865
Garage Detached Garage Garage Door Opener
Township Boonton Town
Unit Number 4
Tax Year 2024
Gross Income 155400
County Morris
Net Operating Income 135668
Operating Expense 19732
Total Rooms 19
Full Baths 4
Status Under Contract
Directions 314 CORNELIA STREET BOONTON TOWN
Open Parking Spaces 8
NumberOfUnitsTotal 4
Tax Annual Amount 19732
Home Warranty Y/N No
Drive Blacktop Circular Driveway-Exclusive On-Street Parking
Standard Status Under Contract
Tax Assessed Value 599600
Town # 2301
Tax Lot 2
Farm Assessment No
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Interior
Basement Bilco-Style Door Full Unfinished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 1
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Unit 4 Baths Total 1.0
Unit 4 Beds Total 3
Fuel Type Electric Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Lot Features Level Lot Open Lot
Water Source Public Water
Exterior Description CedarSid Stone
Building Area Total 6000
Lot Dimensions 108X257
Lot Size Acres 0.63
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* Excluded Features
List By
JOSEPH MORREALE

Listing Agent

Re/Max Select

Broker

projoe01@me.com

Email

Affordability Calculator

$12,395
Per Month
87%
13%
0%
Monthly Principal & Interest
$10,750
Monthly Property Taxes
$1,644
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2024$1,795,000 Listed Price

Map


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314 Cornelia St # 4, Boonton, NJ, 07005 is a Multi-Family Home for sale at $1,795,000 with 6,000 sqft and a lot size of 0.63. 314 Cornelia St # 4 has 8 bedrooms, 4.0 baths, and was built in 1865. The property's zip code is 07005 which is in Boonton, NJ