Located on a generous 5,624 SF lot, this well-maintained two-family property offers an excellent opportunity for both investors and owner-occupants. Each apartment features 2 bedrooms and 1 full bathroom, providing spacious and functional living layouts. The property includes an oversized garage, a high and dry basement with ample storage potential, upgraded electrical service, and a newer central heating and air conditioning system. Additional highlights include hardwood floors throughout and a welcoming front porch for the first-floor unit. Conveniently located in a desirable residential neighborhood, this property combines strong rental appeal with long-term value and potential.
For sale
$850,000
316 Division St, Boonton, NJ 07005
4beds
--sqft
Multi Family
Built in ----
-- sqft lot
$855,400 Zestimate®
$--/sqft
$-- HOA
What's special
Oversized garageHardwood floors throughout
- 111 days
- 255
- 3
Zillow last checked:
Listing updated:
Listed by:
CHRISTOPHER M CERVELLI 201-868-6300,
MICHAEL CERVELLI REAL ESTATE LLC 201-868-6300
Source: HCMLS,MLS#: 260011888
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Central Air, Gas
Features
- Basement: Full,Walk-Out Access
Property
Parking
- Parking features: 3+ Cars, Garage, Detached
- Has garage: Yes
Details
- Parcel number: 010006800000000301
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Materials
- Aluminum Siding
Community & HOA
Location
- Region: Boonton
Financial & listing details
- Tax assessed value: $241,700
- Annual tax amount: $8,406
- Date on market: 6/18/2026
Estimated market value
$855,400
$813,000 - $898,000
$2,312/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $850,000+209.1% |
Source: HCMLS #260011888 Report a problem | ||
| 2/26/2021 | Sold | $275,000-23.6% |
Source:  GSMLS #3634323 Report a problem | ||
| 1/12/2021 | Pending sale | $359,900 |
Source: COLDWELL BANKER REALTY #3634323 Report a problem | ||
| 12/2/2020 | Price change | $359,900-15.3% |
Source: COLDWELL BANKER REALTY #3634323 Report a problem | ||
| 11/5/2020 | Price change | $425,000-7.6% |
Source: COLDWELL BANKER REALTY #3634323 Report a problem | ||
| 6/30/2020 | Price change | $459,900-7.8% |
Source: COLDWELL BANKER REALTY #3634323 Report a problem | ||
| 6/12/2020 | Price change | $498,900-5% |
Source: COLDWELL BANKER REALTY #3634323 Report a problem | ||
| 5/22/2020 | Listed for sale | $525,000+133.3% |
Source: COLDWELL BANKER REALTY #3634323 Report a problem | ||
| 12/13/2018 | Listing removed | $1,575 |
Source: Coldwell Banker Residential Brokerage - Mountain Lakes Office #3507204 Report a problem | ||
| 10/7/2018 | Listed for rent | $1,575 |
Source: Coldwell Banker Residential Brokerage - Mountain Lakes Office #3507204 Report a problem | ||
| 7/7/2017 | Listing removed | $1,575 |
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #3380472 Report a problem | ||
| 6/8/2017 | Price change | $1,575-6% |
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #3380472 Report a problem | ||
| 4/20/2017 | Listed for rent | $1,675+11.7% |
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #3380472 Report a problem | ||
| 7/9/2014 | Listing removed | $1,500 |
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #3141133 Report a problem | ||
| 5/14/2014 | Listed for rent | $1,500 |
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #3141133 Report a problem | ||
| 1/16/2013 | Sold | $225,000-7% |
Source: GSMLS #2961424 Report a problem | ||
| 10/12/2012 | Listing removed | $242,000 |
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #2961424 Report a problem | ||
| 8/8/2012 | Listed for sale | $242,000-6.9% |
Source: Coldwell Banker Residential Brokerage - Morristown/Convent Station Office #2961424 Report a problem | ||
| 10/22/2002 | Sold | $260,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $8,406 +2.9% | $241,700 |
| 2025 | $8,169 | $241,700 |
| 2024 | $8,169 +2.7% | $241,700 |
| 2023 | $7,954 | $241,700 |
| 2022 | -- | $241,700 |
| 2021 | $7,539 +3% | $241,700 |
| 2020 | $7,321 +2.7% | $241,700 |
| 2019 | $7,128 +4.4% | $241,700 |
| 2018 | $6,830 +2.7% | $241,700 |
| 2017 | $6,652 +1.7% | $241,700 |
| 2016 | $6,543 +2.3% | $241,700 |
| 2015 | $6,398 +2.3% | $241,700 |
| 2014 | $6,255 +2.9% | $241,700 |
| 2013 | $6,081 +1.5% | $241,700 |
| 2012 | $5,992 -11.8% | $241,700 |
| 2011 | $6,790 +4% | $241,700 -25.1% |
| 2010 | $6,528 +5.9% | $322,700 |
| 2009 | $6,164 | $322,700 |
| 2008 | -- | $322,700 +152.9% |
| 2007 | -- | $127,600 |
| 2006 | -- | $127,600 |
| 2005 | -- | $127,600 |
| 2004 | -- | $127,600 |
| 2003 | -- | $127,600 |
| 2002 | -- | $127,600 |
| 2001 | -- | $127,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 07005
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