New
$665,000
5 bd · 2.5 ba · · 6,534 sqft lot
40 W Fairview Ave, Dover, NJ 07801
Multi-family · Built 1920 ·
$4,100/mo est. payment
- Garage
- 2 cars
- Stories
- 2
Flood factor 1/10
About this home
A turnkey two family with income, flexibility, and all major improvements already taken care of! 40 W Fairview Ave offers an excellent setup for investors or owner occupants. The lower unit features 1 bedroom with the potential for a second, a large dining room, and a Florida room providing additional living space. The upper unit offers 3 bedrooms with the possibility of a 4th bedroom and 1.5 baths and is currently vacant, with projected rent of approximately $3,000 per month. Combined rental potential is approximately $5,250 per month. The home blends character with recent improvements, including a welcoming front porch, second floor balcony, spacious interiors, and classic architectural details. Major updates include a brand new roof, new windows, newer furnaces, new electrical, fresh paint, and renovated interiors, giving the next owner added peace of mind. A detached two car garage and ample off street parking add even more value. Keep both units as an income producing investment or live in one while the other helps offset your mortgage. Dover continues its revitalization while offering NJ Transit rail service to NYC, a vibrant downtown, shopping, and restaurants. Income, condition, location, and options all in one!
Facts and features
Bedrooms
- Bedrooms: 5
Other Rooms
- Total Rooms: 10
- Basement Description: Bilco-Style Door, Full
Bathrooms
- Total Bathrooms: 2.10
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Heating and Cooling
- Heating Features: 2 Units
- Heating Fuel: Gas-Natural
Garage and Parking
- Driveway: 1 Car Width, 2 Car Width
- Garage Spaces: 2
- Garage Description: Detached Garage
- Parking Total: 6
Land Info
- Lot Size Acres: 0.15
- Lot Size Dimensions: 25X60,34X113,14X88
- Lot Size Square Feet: 6534
Rental Info
- Gross Income: 62400
Multi-Unit Info
- Number of Units: 2
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 3
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Rooms in Unit-1: 5
- Total Rooms in Unit-2: 5
- Unit-1 Description: Bedrooms, Den, Dining Room, Eat-In Kitchen, Living Room, Master Bedroom
Schools
- 2
Dover High School
high · 9-12 · 0.7 mi
- 6
Dover Middle School
middle · 7-8 · 0.8 mi
Sacred Heart Elementary School
elementary · K-8 · 0.4 mi
- 5
North Dover Elementary School
elementary · K-6 · 0.5 mi
- 4
Academy Street Elementary School
elementary · K-6 · 0.7 mi
- 6
East Dover Elementary School
elementary · K-6 · 0.8 mi
Price history
- Oct 7, 2026 · Listed$665,000
- Aug 6, 2024 · Sold$560,000
- Jan 27, 2024 · Listing Removed—
- Jan 3, 2024 · Listed$589,900
- Aug 30, 2023 · Listing Removed—
- Apr 19, 2023 · Listed$525,000
- Jan 11, 2006 · Sold$425,000
Tax history
- 2026$9,363 tax · $247,700 assessed
- 2025$8,644 tax · $247,700 assessed
- 2024$8,107 tax · $247,700 assessed
- 2023$7,819 tax · $247,700 assessed
- 2022$7,322 tax · $247,700 assessed
- 2021$7,190 tax · $247,700 assessed
- 2020$7,047 tax · $247,700 assessed
- 2019$6,754 tax · $247,700 assessed
Home value
$542,800
- Cotality$542,800
- Collateral Analytics$518,000
- Quantarium$665,892
Where it is
Listed by Christian Rugel · X REALTY CORP. · GardenState
