20 Berkley Rd, Mount Royal, NJ 08061

Description

Income-producing waterfront property on Mantua Creek. 20 Berkley Rd is a rented 2-bedroom, 1-bath single-family home on 3.04 wooded acres that run back to the tidal creek in the Mount Royal section of East Greenwich Township, with a long-term tenant in place paying $1,200 per month on a month-to-month basis. The house sits back off Berkley Road behind the street-front homes and is reached by its own drive, with woods and creek frontage behind it. Natural-gas boiler heat; public water and sewer are in the street and the home is currently served by a private well and septic. Zoned RRC (Rural Residential Cluster). Portions of the acreage along the creek are in the FEMA AE flood zone, and any future development or subdivision is subject to township and NJDEP approval; buyer to perform own due diligence. Also offered as part of a three-home package with 24 Berkley Rd (1 bed/1 bath on 4.51 waterfront acres) and 30 Berkley Rd (2 bed/1 bath on 0.41 acre fronting Berkley Road) for $699,777: all three rented at $1,200 per month, $3,600 per month combined, 7.96 acres total, one deed with three separate block and lots. Income-producing property sold strictly as-is, where-is, as an investment with the tenant in place. Please do not approach the property or disturb the tenant; drive-by only until an appointment is confirmed. No one may enter the property without the listing agent present, and all appointments must be confirmed in advance.