Restaurant has 10 year lease with 2 five-year options, which is now in its second year. Commercial lease has 3% increases built in every year. The six apartments rent easily due to the phenomonal location. Seller is very motivated. Bring all offers.
Courtesy of VILLAGE SQUARE REALTORS, HARRY SAHLMAN, 973-509-2222
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Square Ft.
10,000
Year Built
1928
MLS Number
4016337
30 Days Snapshot Of 07042
$1.15M
-1%
(avg) sold price
11
+175%
homes sold
59
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Finished-Partially, Yes
Building
Built in 1928, Renovated in 2025
Cooling
Central Air, Window A/C(s)
Exterior Features
Brick/Block, Composition Shingle
Water Features
Public Water
Heating
Electric, Baseboard - Electric
Lot
Approximate Lot Size: 25X101 IRR
Property
10,000 sqft building, 7 units
Roof
Flat
Sewer
Public Sewer
Taxes
Annual Tax Amount: $37,512, Tax Rate: 3.516
Utilities
Electric, Gas-Natural, Cable TV Available, Garbage Included, Internet Available
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