$999,000
This 5-unit mixed-use building features a long-standing liquor store/bar on the ground floor, providing stable commercial income with strong visibility along Market Street. Above the retail space are four residential apartments: two 2-bedroom units and two 1-bedroom units. One of the 2 -bedroom apartments will be vacant as of 4/1/2026,… Read More offering a valuable chance for renovation and immediate rent upside (to be rented for $1600). Of the three remaining residential units, one has already been updated, while the others present significant value-add potential for an investor looking to modernize and increase long-term returns. ALL SEPARATE UTILITIES! The building layout is efficient, and the mixed-use configuration appeals to renters seeking convenience near transportation, shopping, and local businesses. With consistent demand in the area, this property provides a solid base of income today with substantial room to improve performance over time. Ideal for hands-on owners or investors seeking growth in an evolving urban market. Property is being sold strictly as-is. Read Less
Courtesy of SERHANT NEW JERSEY LLC.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Other
Square Ft.
4,744
Lot Size
0.06 Acres
Year Built
1910
MLS Number
4024514
Additional Details
Basement
Bilco-Style Door, Full, Storage, Unfinished, Yes
Building
Built in 1910
Cooling
Window A/C(s)
Expenses
Expenses: Gas/Oil, Insurance, Maintenance - Exterior, Maintenance - Interior, Taxes, Trash, Water/Sewer
Exterior Features
Brick/Block
Water Features
Public Water
Heating
Gas-Natural, 4+ Units, Baseboard - Hotwater
Lot
Approximate Lot Size: 25X113, 0.06 acres, Level Lot
Property
4,744 sqft building, 5 units
Roof
Flat, Rubberized
Sewer
Public Sewer
Taxes
Annual Tax Amount: $18,545, Tax Rate: 5.095
Utilities
Electric, Gas-Natural
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Chris Cafaro
Realtor®

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Listing Information © Garden State MLS. All Rights Reserved.
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.

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