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24819533
24819534

37 Lakeshore Dr, Oakland, NJ 07436

NI
786-246-1709
Real Estate Concept Group Inc
Listed by Real Estate Concept Group Inc
$1,399,000
342 days on market
Updated 56 days ago

Christal Lake Front

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,700
Net Rentable (SqFt) 5,700
Units 2
Cap Rate 7.65%
NOI $107,000
Occupancy 100%
Class A
Year Built 1952
Year Renovated 2023
Buildings 1
Stories 3
Acreage 0.180
Investment Type Owner/User
Occupancy Date 07/17/2025
Ownership TBD
Sale Condition 1031 exchange

Fully Renovated and Fully Occupied.

Marketing description

Waterfront Two-Family Investment Property – Fully Renovated & Fully Occupied

Exceptional opportunity to own a waterfront two-family home, fully occupied by government-subsidized tenants providing stable, guaranteed rental income. The property has been completely renovated from top to bottom, including:

✔ New roof
✔ New windows
✔ New boilers & water heaters
✔ New septic systems (state certified)
✔ New floors & kitchens
✔ New appliances
✔ Certified removal of oil tanks

Located outside the flood zone for added peace of mind.
Please do not disturb tenants.
Showings by appointment only with proof of funds or mortgage pre-approval

Investment highlights

Waterfront Two-Family Investment Property – Fully Renovated & Fully Occupied

Exceptional opportunity to own a waterfront two-family home, fully occupied by government-subsidized tenants providing stable, guaranteed rental income. The property has been completely renovated from top to bottom, including:

✔ New roof
✔ New windows
✔ New boilers & water heaters
✔ New septic systems (state certified)
✔ New floors & kitchens
✔ New appliances
✔ Certified removal of oil tanks

Located outside the flood zone for added peace of mind.
Please do not disturb tenants.
Showings by appointment only with proof of funds or mortgage pre-approval

Listing Contacts

NI
786-246-1709
Real Estate Concept Group Inc
Listed by Real Estate Concept Group Inc

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$107,000.00
$8,916.67/mo

Valuation Metrics

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DSCR
7.65%
Cap Rate
7.65%
ROI

Map

Zoning

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RA-3 ResidentialSingle FamilySingle Family Residence
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View all 14 uses
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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