Rare income-producing opportunity in Collings Lakes, NJ. This property includes a 3-bedroom, 1-bath main home plus a separate rear cottage on a large lot with a deep backyard. The main home offers an efficient layout, with charming living spaces for you and your family. The cottage features an open layout with kitchen, bedroom, and full bath and currently generates $1,125/month, helping offset ownership cost. The home offers recent updates, move-in-ready condition, a shed for each home with a fenced in yard making for the flexible use for owner-occupants, investors, or multi-generational living. Located in a stable community with a well-regarded local school district, this property offers solid value with built-in rental income. The 3-bedroom unit will be delivered vacant since its owner occupied. This unique property won't last long!