$1,250,000
Attention Investors & Developers: Bring your vision to this high-upside 6-unit mixed-use property situated in a desirable RA-2 zoning redevelopment district [1.1], positioning you for potential tax advantages and massive future development potential [1.1]. The property features two commercial storefronts seamlessly combined into one spacious commercial space perfectly setup as… Read More a restaurant kitchen with extensive fridge/freezer storage alongside four residential units, including two newly renovated luxury 3-bedroom apartments, one freshly refreshed 2-bedroom apartment, and a final 2-bedroom unit. Delivered as a blank canvas value-add asset, this property is the perfect opportunity for a developer or investor looking to optimize the space from day one and build for the future. Read Less
Courtesy of KELLER WILLIAMS MID-TOWN DIRECT.
Listing Snapshot
Days Online
53
Last Updated
Property Type
Other
Beds
10
Square Ft.
3,513
Lot Size
0.03 Acres
Year Built
1925
MLS Number
4034158
30 Days Snapshot Of 07501
$431k
-15%
(avg) sold price
2
+100%
homes sold
81
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished, Yes
Building
Built in 1925, Renovated in 2022
Cooling
See Remarks
Exterior Features
Brick, Vinyl Siding
Water Features
Public Water
Heating
Gas-Natural, 4+ Units
Lot
Approximate Lot Size: 25X60, 0.03 acres
Parking
On-Street Parking
Property
3,513 sqft building, 4 units, FHA Age Restricted: No
Roof
Asphalt Shingle
Sewer
Public Sewer
Taxes
Annual Tax Amount: $20,481, Tax Rate: 5.335
Unit One
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Smoke Detector
Unit Two
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Smoke Detector
Unit Three
2 bedrooms, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Smoke Detector
Unit Four
1 bathroom, 2 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Smoke Detector
Utilities
See Remarks
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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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