15 Lakeview Pl Verona Twp., NJ 07044
Listing Courtesy of: GARDEN STATE MLS - IDX / Century 21 The Crossing / Christopher HIll - Contact:  973-227-7000

  15 Lakeview Pl Verona Twp., NJ 07044

Active (20 Days)
$1,050,000 (USD)
5
BED
3
BATH

Description

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.

MLS #:
4017441
Taxes
$16,841(2025)
Lot Size
7,405 SQFT
Type
Multifamily
Year Built
1900
County
Essex County

Listed By

Christopher HIll, Century 21 The Crossing, Contact: 973-227-7000
Source
GARDEN STATE MLS - IDX
Last checked Apr 19 2026 at 8:09 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Carbon Monoxide Detector
  • Smoke Detector
  • Fire Extinguisher
Heating and Cooling
  • 3 Units
  • Window A/C(s)
Basement Information
  • Unfinished
Exterior Features
  • Vinyl Siding
  • Roof: Asphalt Shingle
Utility Information
  • Utilities: Gas-Natural, Public Water, Electric
  • Sewer: Public Sewer
  • Fuel: Gas-Natural
Parking
  • 1 Car Width
Additional Information: The Crossing | 973-227-7000
Location
   
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