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$ 1,250,000
Est. payment | /mo
4,000 SqFt
$ 1,250,000
Est. payment | /mo
4,000 SqFt
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $312
MLS Listing ID 3912059
Annual Tax Amount $14,463
Tax Year 2023
Lot Size 3,920 Sqft
Property Description
Presenting a prime mixed-use property featuring 2 spacious 3 bedroom apartments and four storefronts, currently yielding a lucrative 9% cap rate with significant potential for even higher returns. Located in a highly convenient area with easy access to major highways, this property is perfect for investors or entrepreneurs seeking a seamless blend of business operation and income generation. The apartments provide comfortable living spaces, while the storefronts offer excellent business opportunities. This is a rare find for anyone looking to maximize their investment in a thriving location.
Location
State NJ
County Union
Zoning Comm/Res
Rooms
Basement Unfinished
Interior
Cooling Wall A/C Unit(s)
Equipment Fire Alarm, Restrooms - Private
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Story 2
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by EXP REALTY, LLC
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Rob Eckert
REALTOR® | Lic# 2438135