105 Thompson Ave 107 Dover Town, NJ 07801

Multi-Family (2-4 Units) MLS #: 3939015 Courtesy Of Elite Realtors of New Jersey

$589,000

6 beds | 3 baths
Print property details Share
Est. Property Tax: $5,227
Estimated monthly payments: $3,010/mo.* (recalculate)

Property InformationDescription

Property is Not in a flood zone " No flood insurance required.The property is located at 105-107 Thompson Ave and offers a high-cap return of 9%+, very low taxes. A rare find in today's market! Unit 105 rents will be $3,200/month,Starting April 2025, Unit 107 rent is $1,600/month. This well-maintained and renovated legal two-family home presents a prime investment opportunity with separate utilities and strong income potential. Each unit features private front and back entrances, ensuring tenant privacy. Hardwood floors in all bedrooms & living rooms, tile flooring in bathroom/ kitchens. Natural gas heating with separate meters for gas, electric, and water/sewer.All utilities, including water and sewer are paid by tenants.Recent Upgrades:Major renovation in 2011.New roof installed in December 2022.Newer hot water heaters for both units.Unit 105 (Second Floor & Upstairs) " 4 bedrooms, 2 full bathrooms, living/family room, eat-in kitchen, backyard access. Currently occupied on a month-to-month lease with the possibility of vacancy at closing. Unit 107 (First Floor) " 2 bedrooms, 1 bathroom, living room, kitchen.For additional information, please refer to the listing under media documents. Don't miss out on this high-yield investment opportunity! Both unit tenant are on M2M term, seller will help to deliver as vacate on closing.

Features

  • Age: 11-20 Years Old
  • Amenities: Patio
  • Appliances: Oven - Gas, Range, Refrigerator
  • Architecture Style: Other
  • Cooling System: None
  • Exterior Type: Vinyl Siding
  • Fireplace: Fireplace
  • Heating System: Baseboard, Fireplace
  • Lot Size: 0.12 Acres
  • Roof Type: Asphalt
  • Rooms: Basement, Family Room, Kitchen

MAP & DIRECTIONS

Get Directions
105 Thompson Ave 107, Dover Town, NJ 07801
View Directions

School Information

105 Thompson Ave 107, Dover Town, NJ 07801

Elementary School
Grades PK-6 | Public School
ACADEMY STREET ELEMENTARY SCHOOL
Dover, NJ 07801
14 Academy St
973.­989.2030
Distance: 0.3 mi
School Rating
C-
Student:Teacher Ratio
13:1
Total Students
498
Middle School
N/A
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
Fernbrook School 0.9 mi Public KG-5 C+
American Christian School North Campus 0.9 mi Private PK-12
North Dover Elementary School 1.1 mi Public PK-6 C-
Dover Middle School 1.1 mi Public 7-8 C-
East Dover Elementary School 1.1 mi Public PK-6 B
Marie V. Duffy Elementary School 1.2 mi Public PK-5 C-
Alfred C. Mackinnon Middle School 1.2 mi Public 6-8 C
Dover High School 1.2 mi Public 9-12 D+
Birchwood Elementary School 1.9 mi Public KG-5 C+
Academy For Mathematics Science And Engineering 2.0 mi Public 9-12 A+
Morris Hills High School 2.0 mi Public 9-12 B-
Canfield Avenue School 2.0 mi Public PK-6 C
Apple Montessori School Of Randolph 2.2 mi Private PK-KG
Randolph Middle School 2.3 mi Public 6-8 B-
Dennis B O'brien Elementary School 2.3 mi Public PK-5 B
Randolph High School 2.3 mi Public 9-12 B
Gottesman Rtw Academy 2.4 mi Private PK-8
Center Grove School 2.5 mi Public PK-5 A
Bridges To Learning 2.9 mi Private PK-KG
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Dover, NJ 07801

Median Age: 39.5
Married: 53%
Number of Households: 8,990
Households with Children: 40.6%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.