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$665,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • 2 Car Garage
  • Updated 10 hours ago
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A turnkey two family with income, flexibility, and all major improvements already taken care of! 40 W Fairview Ave offers an excellent setup for investors or owner occupants. The lower unit features 1 bedroom with the potential for a second, a large dining room, and a Florida room providing additional living space. The upper unit offers 3 bedrooms with the possibility of a 4th bedroom and 1.5 baths and is currently vacant, with projected rent of approximately $3,000 per month. Combined rental potential is approximately $5,250 per month. The home blends character with recent improvements, including a welcoming front porch, second floor balcony, spacious interiors, and classic architectural details. Major updates include a brand new roof, new windows, newer furnaces, new electrical, fresh paint, and renovated interiors, giving the next owner added peace of mind. A detached two car garage and ample off street parking add even more value. Keep both units as an income producing investment or live in one while the other helps offset your mortgage. Dover continues its revitalization while offering NJ Transit rail service to NYC, a vibrant downtown, shopping, and restaurants. Income, condition, location, and options all in one!

Full Property Details for 40 W Fairview Ave

General

  • Price: $665,000
  • Taxes: $8,644 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4057356
  • Updated: Today (10/9/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 10

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Garage Description: Detached Garage

Location

  • County: Morris
  • Driving Directions: Rout 15 to W Fairview

School Information

  • Middle School: Dover M.S.
  • High School: Dover H.S.

Heating & Cooling

  • Cooling Type: No Cooling
  • Heating Type: 2 Units
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 2-Two Story
  • Exterior Const.: Composition Shingle
  • Basement: Yes
  • Basement Desc.: Bilco-Style Door, Full
  • Roof: Asphalt Shingles
  • Year Built: 1920
  • Remodeled/Updated: 2025

Unit Information

Unit 1

  • Unit Description: Bedrooms, Den, Dining Room, Eat-In Kitchen, Living Room, Master Bedroom
  • Square Feet: 1000
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Unit Description: Attic, Bedrooms, Kitchen, Living Room, Storage
  • Square Feet: 1100
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 25 x 60, 34 x 113, 14 x 88
  • Driveway/Sidewalk: 1 Car Width, 2 Car Width

Financial Considerations

  • Expenses: Garbage Collection, Insurance, Taxes
  • Operating Expenses: $10,100
  • Assessment Amount: $156,000
  • Land Assmt: $91,700
  • Tax Amount: $8,644
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 610
  • Lot Number: 3

Listed by X Realty Corp.

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Listing agent

— 40 W Fairview Ave —

  • X Realty Corp.

973-298-0838

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 W Fairview Ave

School District:Dover Town School District
NameGradesDistance
North Dover Elementary School
51 Highland Avenue, Dover, NJ 07801
PK-60.5 mi
Dover Middle School, Dover, NJ
302 East McFarlan Street, Dover, NJ 07801
7-80.8 mi
Dover High School, Dover, NJ
100 Grace Street, Dover, NJ 07801
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 W Fairview Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/09/2026
Listed
$665,000
18.75%
MLS
3/04/2024
Sold
$560,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40 W Fairview Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,107
11%
$247,700
—
2022
$7,322
2%
$247,700
—
2021
$7,191
13%
$247,700
—
2018
$6,383
5%
$247,700
—
2017
$6,093
2%
$247,700
—
2016
$5,950
-12%
$247,700
—
2019
$6,755
23%
$247,700
-8%
2015
$5,505
3%
$267,900
—
2013
$5,323
—
$267,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by X Realty Corp.

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40 W Fairview Ave, Dover, NJ 07801 (MLS# 4057356) is a Multi-Family property with 2 units containing 5 bedrooms, 2 full bathrooms and 1 partial bathroom. 40 W Fairview Ave is currently listed for $665,000 and was received on October 09, 2026. Want to learn more about 40 W Fairview Ave? Do you have questions about finding other Multi-Family real estate for sale in Dover? You can browse all Dover real estate or contact a Coldwell Banker agent to request more information.

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