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Est. payment | /mo
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Riverside Section
MLS Listing ID 3945028
Year Built 1940
Annual Tax Amount $12,732
Tax Year 2024
Property Description
Income-Producing Property with High Potential. This exceptional all-brick property is a prime investment opportunity, ideally located on a bustling commercial street in a rapidly developing area. The building features 2 spacious three-bedroom apartments and 2 versatile commercial units, offering a balanced mix of residential and commercial income streams. The apartments are in excellent condition, making them highly desirable for tenants, while the commercial units present endless possibilities for businesses looking to capitalize on the area's growth. With new construction projects underway all around, this property is perfectly positioned to benefit from the neighborhood's upward trajectory, offering significant potential for rental income upside. Additionally, the property boasts LOW TAXES, enhancing its profitability and making it an even more attractive investment. Whether you're an experienced investor or looking to diversify your portfolio, this property offers a rare combination of stability, growth potential, and strong cash flow. Don't miss out on this opportunity to own a piece of a thriving community! Current rents: Apartments, $2,000 each, Grocery store $2,000 and Other store $900
Location
State NJ
County Passaic
Zoning Commercial
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural, See Remarks
Cooling No Cool
Flooring See Remarks
Equipment See Remarks, Smoke Detector
Heat Source Gas-Natural, See Remarks
Exterior
Exterior Feature Brick/Block
Utilities Available Electric, Gas In Street, Gas-Natural
Roof Type Flat, See Remarks
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by UNITED REAL ESTATE
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Peter Sisca
Agent | License ID: 10401364161, 2298786