22 Sunset Ter, Mount Arlington, NJ 07856

Mount Arlington
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
22 Sunset Ter,Mount Arlington Boro, NJ 07856
$874,000
  • 8 Beds
  • 6 Baths
  • 4,500 sq. ft.
  • Multi-family
  • Pending
Listed by: tiffany leape
Office: blue line realty group llc.201-440-3700
MLS#:4013888
Source:NJ_GSMLS

Price summary

  • Price:$874,000
  • Price per sq. ft.:$194.22

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

  • Year built:1904
  • Listing ID #:4013888
  • Added:64 day(s) ago
  • Updated:May 15, 2026 at 08:40 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:6
  • Full bathrooms:6
  • Rooms Total:19
  • Basement Description:Basement, Bilco-Style Door
  • Living area:4,500 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan, Wall A/C Unit(s)
  • Heating:Baseboard - Hotwater

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1904
  • Building area:4,500 sq. ft.
  • Lot area:0.94 Acres
  • Architectural Style:3-Three Story
  • Construction Materials:Vinyl Siding

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$874,000
  • Price per sq. ft.:$194.22
  • Tax amount:$14,859 (2025)

Features and amenities

  • Amenities:Carbon Monoxide Detector, Carpeting, Gas-Natural, High Ceilings

Parking

  • Parking description:Blacktop Driveway, Common Driveway, Off-Street Parking
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated May 15, 2026

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