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9 Village Way BLDG 9 #3, Vernon, NJ, 07462

1beds
1baths
--sqft
$115,000
--price/sqft
$1,043/moest. monthly cost
$41,720/yrincome needed

About This Home

Investor Special! Nestled in the mountains of Vernon, this first-floor, 1-bedroom, 1-bathroom unit offers potential for the savvy flipper or handyman. The open-concept floor plan features a spacious living room with a wood-burning stove and sliding glass doors leading to a private deck perfect for enjoying the mountain air. Includes an eat-in kitchen, large bathroom, and convenient in-unit laundry. Situated in a prime recreational hub, this unit is minutes from Mountain Creek Resort, skiing, waterpark, and mountain biking, Crystal Springs Resort, world-class golf courses, and the Appalachian Trail. Whether you are looking for a profitable fix-and-flip or a long-term rental in a high-demand resort area, don't miss this opportunity. Unit is being sold strictly in "As Is" condition. Don't miss out on this opportunity!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
Lounsberry HollowGrades 4-52.9 mi
5/10
7/10
Vernon Twp High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 1983

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Range/Oven-Electric,Refrigerator,Electric Water Heater

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: 1 Unit,Electric
  • Cooling features: 1 Unit

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 2822004510000000590000
  • Attached to another structure: Yes

Features

  • Levels: Multi Floor Unit
  • Entry location: First Floor Unit
  • Patio & porch: Deck
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 435.60 sqft
  • Features: Wooded
  • Lot size dimensions: CONDO LOT

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Lightning
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $581$6,972
Home Insurance *$59$708
Property Taxes $210$2,520
Electricity $193$2,318
Total$1,043$12,516
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,760/yr
40% on housing$31,290/yr
45% on housing$27,813/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.9%
7.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07462$160
Sussex County$266

vs Homes Sold Last Month

Median $/sqft

ZIP 07462$222
Sussex County$279

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Listed for sale$125,000

For Sale by Agent

AgentMichael V. Prisco Jr.
BrokerageKeller Williams Prosperity Realty

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