15 Lakeview Pl, Verona Twp., NJ 07044

• 5 beds |
• 3 baths

Property 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.

Listing Status:

Pending

Data Last Updated:

May 20, 2026 at 2:43PM

Listing Office:

CENTURY 21 THE CROSSING : 973-227-7000

MLS ID:

4017441

Interior

• General: Carbon Monoxide DetectorFire ExtinguisherSmoke Detector
• Basement: Unfinished
• A/C: Window A/C(s)
• Heating: 3 UnitsGas-Natural

Exterior

• General: Vinyl Siding
• Parking: Parking spaces: 3

Construction

• Roofing: Asphalt Shingle

Location

• County: Essex

Lot

• Driveway: 1 Car Width
• Zoning: 1620-00612-0000-00019-0000-

Utilities

• Utilities: ElectricGas-Natural
• Water: Public Water
• Sewer: Public Sewer