REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,900,000
Est. payment | /mo
14,200 SqFt
$ 1,900,000
Est. payment | /mo
14,200 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,200 sqft
Price per Sqft $133
Municipality Lodi (LOD)
MLS Listing ID 22521453
Year Built 1936
Annual Tax Amount $47,296
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 46 x 104
Property Sub-Type Commercial
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
CASH COW INVESTMENT OPPORTUNITY OR PERFECT OPPORTUNITY TO KNOCK DOWN AND REDEVELOP INTO APARTMENTS. 5 LOTS AND 14,200 SQARE FEET. CURRENT OCCUPANTS ARE FMR CONSTRUCTION, POWER TRAIN, SERVICE MASTER, CARPIOLIN BUS, B&K CONSTRUCTION, AND NORMA GROUP. PROPERTY INCLUDES 15 HILLSIDE, 494 FARNHAM, 477 WESTMINSTER PL, 475 WESTMINSTER PL, AND VACANT PARKING LOT AS WELL. RENT ROLL IS UNDER MARKET DUE TO LONG TERM TENANTS THAT ARE ALL ON A MONTH TO MONTH LEASE. BUILT IN 1940. PROPERTY CLASS IS 4B. TENANTS PAY ALL UTILITIES. GREAT OPPORTUNITY!
Location
State NJ
County Bergen
Area None
Direction GPS
Interior
Heating Baseboard
Exterior
Parking Features Parking Lot
Garage Spaces 10.0
Private Pool No
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 31-00004-0000-00043
Listed by C21 Thomson & Co.