22 Sunset Terrace, Mount Arlington, NJ 07856

Mount Arlington
Local realty services provided by:ERA Queen City Realty
22 Sunset Terrace,Mount Arlington Boro, NJ 07856
$874,000
  • - Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tiffany leape
Office: blueline realty group llc.
MLS#:26007976
Source:NJ_MLS

Price summary

  • Price:$874,000

About this home

Charming, income-producing multi-family just steps from Lake Hopatcong a rare value-add opportunity in a highly desirable lake community offering stunning views. This 4-unit property (with potential for a legal 5th unit, subject to municipal approvals) sits on nearly a full acre and currently generates approximately $92,000 annually, reflecting an attractive 7.1% cap rate with low operating expenses. Each unit is separately metered and equipped with newer tankless water heating systems, helping to minimize owner expenses. Recent exterior improvements include a newly paved driveway and retaining wall. With light interior renovations, three units present immediate rent growth potential. Located within walking distance to the public beach and close to the marina, shopping, and dining, the property offers strong long-term rental appeal and consistent tenant demand. Financials and detailed unit breakdown available upon request.

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Home facts

  • Listing ID #:26007976
  • Added:11 day(s) ago
  • Updated:March 23, 2026 at 03:06 PM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:18

Finances and disclosures

  • Price:$874,000
  • Tax amount:$14,859

Features and amenities

  • Laundry features:In Unit
MLS Logo The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than ERA Queen City Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: March 23, 2026. Source: New Jersey Multiple Listing Service, Inc. 2026 New Jersey Multiple Listing Service, Inc. All rights reserved.

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