$720,000
$810,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
2.5 Baths
SOLD DATE : 09/20/2024
Key Details
Sold Price $720,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230018209
Sold Date 09/20/24
Full Baths 2
Half Baths 1
Annual Tax Amount $10,291
Property Sub-Type Investment
Property Description
GREAT INVESTMENT OPPORTUNITY in Journal Square! Mixed Use - 2 residential units over commercial. Redevelopment Zone + Cannabis Retailer Zone. Sold with plans for an addition + extension, creating an additional 3 residential units, totaling 5 residential units & 1 commercial. Currently all units are vacant. The commercial unit is perfect for any type of business with exposed brick, ½ bath, 10ft+ ceilings in storefront connecting to 1,000 sf of warehouse space w/ 15ft+ ceilings. Tons of foot traffic along Fairmount Ave. It can be converted to a restaurant, retail shop, etc- the possibilities are endless! Existing layouts: Unit 1 & 2 are both two bedrooms that can easily be converted into three bedrooms with eat-in kitchens and spacious living area. This property features three electric meters and three hot water heaters. Property lot size is 22 x 103. . One block from JFK Blvd, 1/2 block from Bergenline Ave and short drive from 1-78. Proposed plans included in docs.
Location
State NJ
County Hudson
Area Jc Journal Square
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Bought with AMERICAS ELITE GROUP LLC

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