ATTENTION INVESTORS: TENANT IN PLACE & BEING SOLD AS A RENTAL PROPERTY!!! Fully reimagined in 2024, this stunning 3-bedroom colonial is essentially brand new everything has been updated except for the four walls! Currently leased to a quality tenant, with an owner-reported rental income of $55,200, taxes of $9,872.02, and insurance costs of $3,773.25, resulting in a net operating income of $41,555. Virtually no repairs or replacements are anticipated in the near future, making this an ideal investment for a hands-off landlord. Inside, the home boasts 3.5 elegantly designed baths, including a luxurious primary suite that spans the third floor. The thoughtfully redesigned floor plan offers a modern, functional layout.Outside, the property sits on a spacious open lot with a peaceful stocked trout stream running through the backyard a serene retreat that the owner represents has not been affected by flooding. The location couldn't be more convenient: just minutes from major highways and even closer to the train station, all in the highly sought-after Peapack-Gladstone area. This property is being offered as a rental investment with a tenant already in place.
Nestled within 500 acres of rolling hills in Somerset County, Pendry Residences Natirar, a luxury offering from Montage Hotels and Resorts, boasts a collection of just 24 private Residences, 12 Estate Residences and 12 Farm Villas. Thoughtfully designed to blend seamlessly into the landscape, these contemporary homes celebrate modern living in a sophisticated atmosphere with curated materials and details that frame the property's beautiful surroundings. The Estate Residences enjoy stunning views, expansive terraces and over 5000+ sq. ft within 4 finished levels. Interior highlights include floor to ceiling windows, wide plank oak flooring, designer appliances, quartz countertops, energy efficient features, pre-wiring for smart home technology and private elevator. The residences are surrounded by the Pendry Natirar Hotel - a restored and renovated mansion with 66 guest rooms and signature restaurant Ladds Tavern, full service Spa Pendry, Ninety Acres Restauraunt and Cooking School, an 8 acre sustainable farm, pools, tennis courts, social pavilion, fitness center, hiking trails and membership to the Natirar Club. Pendry Residences Natirar is focused on sustainable living, wellness and a true connection to nature - all accompanied by a dedicated staff, property management and personalized services and amenities that owners can expect from a Pendry Hotel and Resort. The Farm Villas are currently in the design phase.

Peapack is located in New Jersey.