UNBELIEVABLE REDEVELOPMENT/INVESTMENT OPPORTUNITY! PRIME .16-ACRE PROPERTY LOCATED IN THE DOWNTOWN DEVELOPMENT (DD) ZONE OF BERKELEY HEIGHTS. THE PROPERTY FEATURES A 2,400 SF RETAIL BUILDING WITH TWO TENANTS OFFERING IMMEDIATE INCOME POTENTIAL WHILE PLANNING FOR FUTURE REDEVELOPMENT. THIS PARCEL MAY ALSO BE COMBINED WITH THE ADJACENT PROPERTY AT 481 SPRINGFIELD AVENUE… Read More (MLS # 4038714), CREATING A COMBINED SITE OF APPROXIMATELY .50-ACRE FOR EXPANDED DEVELOPMENT POSSIBILITIES. Read Less
Courtesy of BHHS FOX & ROACH.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Square Ft.
2,400
Lot Size
0.11 Acres
Year Built
1956
MLS Number
4038717
30 Days Snapshot Of 07922
$1.04M
+8%
(avg) sold price
13
+18%
homes sold
53
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
No
Building
Built in 1956
Cooling
1 Unit
Exterior Features
See Remarks
Water Features
Public Water
Heating
Gas-Natural, 1 Unit
Lot
Approximate Lot Size: .114 AC, 0.11 acres, Level Lot
Property
2,400 sqft building, 2 units
Roof
Flat
Sewer
Public Sewer
Taxes
Annual Tax Amount: $12,701, Tax Rate: 4.401
Utilities
Electric
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