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    124 Central Ave

    Passaic City, NJ 07055
    • $669,000
    • STATUS: Active
    • ON SITE: 62 days
    • ID#: 3658929
    UPDATED: 3 min ago
    $669,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Description

    5 UNIT BUILDING WITH 3 RETAIL TENANTS INCLUDING A BEAUTY SALON, BARBER AND BODEGA. 2 APARTMENTS ABOVE (2&3 BEDS). RENTS ARE THE FOLLOWING: 1110, 1050, 1203, 972, 1536. EXPENSES INCLUDE TAXES OF 8300, INSURANCE 5K, WATER/SEWER 3600, REPAIRS/MAINTENANCE 2500. THERE ARE SEPARATE UTILITIES AS WELL AS A NEW SIDEWALK. BUILDING IS GOOD SHAPE AND WILL PROVIDE ITS NEW OWNER WITH AN EXCELLENT RETURN. 5 UNIT BUILDING WITH 3 RETAIL TENANTS INCLUDING A BEAUTY SALON, BARBER AND BODEGA. 2 APARTMENTS ABOVE (2&3 BEDS). RENTS ARE THE FOLLOWING: 1110, 1050, 1203, 972, 1536. EXPENSES INCLUDE TAXES OF 8300, INSURANCE 5K, WATER/SEWER 3600, REPAIRS/MAINTENANCE 2500. THERE ARE SEPARATE UTILITIES AS WELL AS A NEW SIDEWALK. BUILDING IS GOOD SHAPE AND WILL PROVIDE ITS NEW OWNER WITH AN EXCELLENT RETURN.

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    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nexthome Force Realty Partners. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Nexthome Force Realty Partners are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-10-27T18:47:08.063.
    www.forcenj.com/homes/109372956
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    124 Central Ave Passaic City, NJ 07055

    • Price: $669,000
    • Status: Active
    • Updated: 3 min ago
    • ID#: 3658929
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1920
    Built
    County:
    Passaic
    Area:
    Passaic City
    Property Description
    5 UNIT BUILDING WITH 3 RETAIL TENANTS INCLUDING A BEAUTY SALON, BARBER AND BODEGA. 2 APARTMENTS ABOVE (2&3 BEDS). RENTS ARE THE FOLLOWING: 1110, 1050, 1203, 972, 1536. EXPENSES INCLUDE TAXES OF 8300, INSURANCE 5K, WATER/SEWER 3600, REPAIRS/MAINTENANCE 2500. THERE ARE SEPARATE UTILITIES AS WELL AS A NEW SIDEWALK. BUILDING IS GOOD SHAPE AND WILL PROVIDE ITS NEW OWNER WITH AN EXCELLENT RETURN. 5 UNIT BUILDING WITH 3 RETAIL TENANTS INCLUDING A BEAUTY SALON, BARBER AND BODEGA. 2 APARTMENTS ABOVE (2&3 BEDS). RENTS ARE THE FOLLOWING: 1110, 1050, 1203, 972, 1536. EXPENSES INCLUDE TAXES OF 8300, INSURANCE 5K, WATER/SEWER 3600, REPAIRS/MAINTENANCE 2500. THERE ARE SEPARATE UTILITIES AS WELL AS A NEW SIDEWALK. BUILDING IS GOOD SHAPE AND WILL PROVIDE ITS NEW OWNER WITH AN EXCELLENT RETURN.
    Exterior Features

    Approximate Lot Size 25X106 Construction Brick/Block Exterior Description See Remarks Location CornerFreestandingResidential Area Lot Description Corner Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description FlatRubberized

    Interior Features

    Basement Yes Basement Description Full Cooling Wall A/C Unit(S) Equipment Available Fire Alarm Heating 4 Units Max Ceiling Height 8 Max Door Height 1 Number Of Lavatories 5 Office Sq Ft 0

    Property Features

    Available Negotiable Expenses Include InsuranceTaxesWater/Sewer For Sale Or Lease For Sale Free Rent No Fuel Type Gas-Natural Gross Operating Income 70452 Net Operating Income 50000 Owner Pays Sewer Permitted Use Mixed Use Primary Property Type Mixeduse Property Type Mixed Use Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 8321 Tax Rate Amount 3.677 Tax Rate Year 2019 Tax Year 2019 Tenant Pays ElectricHeatHot Water Total Operating Expense 20000 Utilities All UndergroundElectricGas-Natural Water Public Water Year Built Description ApproximateUnknown Zoning 4A

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Group Twenty Six Llc.


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nexthome Force Realty Partners. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Nexthome Force Realty Partners are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-10-27T18:47:08.063.
     
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    Nexthome Force Realty Partners
    36 Monmouth Street, Unit 2
    Shrewsbury NJ, 07701