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264 FAIRMOUNT AVE , JC, Journal Square, NJ 07306

$649,999

Detail

  • Property ID: 202024377
  • Price: $649,999
  • Property Type: 2-4 Family
  • Property Status: For Sale

Description

$50,000 PRICE IMPROVEMENT! GREAT INVESTMENT OPPORTUNITY in Journal Square! 7% Cap rates based on the projected rents. Commercial space and unit 1 will be delivered vacant. The commercial unit is perfect for any type of business with exposed brick, 10ft+ ceilings and tons of foot traffic along Fairmount Ave. It can be converted to a restaurant, retail shop, etc- the possibilities are endless! Units 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 (two of which are brand new). Property lot size is 22 x 100. Taxes are $7,053/year. This property is one block away from JFK Blvd where you can take the bus to and from NYC, 1/2 block from Bergenline Ave and short drive from 1-78. Income & Expense/Floor Plan report available upon request.

Address

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  • Address: 264 FAIRMOUNT AVE
  • City: JC, Journal Square
  • State/county: HUDSON / NJ
  • Zip/Postal Code: 07306
  • Country: United States

Listing provided by LIGHTHOUSE RESIDENTIAL LLC - 201-500-6850

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Listing information last updated on 2024-11-05 9:00 AM.