Last Updated: 2/23/2017 8:39 PM
Description for 106 Erie Avenue Barrington, NJ 08007
Legal 2 unit Property. Unit #1 is a Large Detached Brick Bungalow, Current rent is ( $1,000 ) Per Month. Below market rent for this size home. This bungalow consists of 3 bedrooms, Formal Living room with Fireplace, Formal Dining room, Large Remodeled Eat-in kitchen, Den or Office and 2 Remodeled Bathrooms. Full unfinished Basement, attached sun porch, a Detached 2 car Garage with a 1 Bedroom Apartment Above the 2 car garage. Unit #2 , This Apartment is currently rented for ( $875 ) Per Month.. Apartment consist of a Living room, Kitchen, 1 Bedroom, Full Bathroom and small Den currently being used as a second Bedroom. Current rents are below market rents for this Area. Plenty of off street parking. Both properties have own heat & electric. Property taxes to be reduced due to appeal. Tax reduction to start 3rd & 4th Quarters of 2016. Total assessment to be lowered to $200,000. Please look at attached Document on how you can own this property at a monthly payment of around $900 per month counting the current income from 1 Bedroom apartment.
Gas Water Heater, Public Water Service
Exterior / Lot Features
2 Garage Spaces, 3 Parking Spaces, 3 Car Garage, Driveway
Brick, Vinyl, Aluminum
Current market conditions for 106 Erie Avenue
Active Market Trends
Median list price$147,500
Days on market120
Properties for sale51
Sold Market Trends
Median sold price$157,500
Sales to list price9,655.0%
Median sq ft price$110
Arrows indicate 90 day trend
Listing Price History for 106 Erie Avenue
Barrington Real Estate
Barrington is located in New Jersey. Barrington, New Jersey 08007 has a population of 6,966.
The median household income in Barrington, New Jersey 08007 is $64,214. The median household income for the surrounding county is $62,320 compared to the national median of $53,046. The median age of people living in Barrington 08007 is 40.5 years.
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