REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 549,000
Est. payment /mo
Under Contract
120 Peapack Rd Far Hills Boro, NJ 07931
4 Beds
2 Baths
1,950 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $281
MLS Listing ID 3988511
Style 1-One Story
Bedrooms 4
Full Baths 2
Year Built 1967
Annual Tax Amount $5,431
Tax Year 2024
Lot Size 0.360 Acres
Property Description
**Multiple offers received** AR* in progressTurn-key duplex opportunity in coveted Far Hills. Set back from the road, this 2 family ranch features mirrored 2BR/1BA layouts, each with kitchen, living room, & dedicated laundry room. Current occupants are month-to-month, long-term renters giving investors flexibility to hold for income or renovate for upside. Single-level footprint simplifies updates. Radiant heat & electric utilities support predictable operating costs; landlord currently pays water & garbage. Each residence enjoys private front & rear entries for privacy & convenience. Out back, a private yard with a large storage shed adds outdoor utility for bikes, tools, & seasonal items. The location is exceptional: tucked away for quiet living yet close to transit, shopping, parks, employment hubs, & major corridors. The setting's green, set-back approach enhances curb appeal & tenant retention, while the ranch style keeps maintenance practical. Whether you continue renting or pursue a full value-add renovation, the fundamentals here are strong.* Legal two-family ranch with twin 2BR/1BA floor plans* Kitchen, living room & in-unit laundry in each residence* Month-to-month, long-term tenants* Radiant heat; all-electric utilities; landlord pays water & garbage* Private front & rear entries for each unit* Private backyard with large storage shed* Set back from the road in a premier
Location
State NJ
County Somerset
Rooms
Basement Slab
Interior
Interior Features Carbon Monoxide Detector, Carpeting, Smoke Detector
Heating Gas-Natural
Cooling 2 Units, Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Clapboard
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 1-One Story
Schools
High Schools Bernardsville
Others
Senior Community No
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS REAL ESTATE
GET MORE INFORMATION
QUICK SEARCH