15 Lakeview Pl, Verona, NJ 07044
Local realty services provided by:ERA Reed Realty, Inc.
15 Lakeview Pl,Verona Twp., NJ 07044
$1,050,000
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: christopher hill
Office: century 21 the crossing973-227-7000
MLS#:4017441
Source:NJ_GSMLS
Price summary
- Price:$1,050,000
About this home
Turnkey, income-producing 3-unit property delivering top-of-market rents in one of Essex County's most sought-after communities. 15 Lakeview Place has been fully renovated interior (2021), offering an investor a modernized asset with strong current cash flow and minimal near-term capital requirements. All three units are leased through July 31, 2026, generating a combined $6,559/month ($78,708 annually). Unit mix consists of two 2-bedroom/1-bath apartments and one 1-bedroom/1-bath with rents already at or near market, this is a true stabilized asset ready to perform from day one. Each unit is separately metered with tenants covering their own utilities, keeping operating costs predictable and landlord exposure low. Assigned driveway parking per unit and in-basement laundry round out a tenant-friendly package that supports strong retention with all leases rolling simultaneously in July 2026. The next owner will step in with a clean, stabilized income stream today and a straightforward path to renewing at market or re-tenanting from a position of strength. Verona continues to command premium rental demand thanks to its top-rated schools, walkable downtown, and direct NYC transit access making 15 Lakeview Place an ideal long-term hold in a high-barrier-to-entry market....
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Home facts
- Year built:1900
- Listing ID #:4017441
- Added:46 day(s) ago
- Updated:May 16, 2026 at 08:43 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:14
- Basement Description:Basement, Unfinished
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:3 Units
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Lot area:0.17 Acres
- Architectural Style:3-Three Story
- Construction Materials:Vinyl Siding
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,050,000
- Tax amount:$16,841 (2025)
Features and amenities
- Amenities:Carbon Monoxide Detector, Fire Extinguisher, Gas-Natural, Smoke Detector
Parking
- Parking description:1 Car Width
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