227 Paterson Ave - Storefront Retail/Residential FOR SALE


East Rutherford, NJ 07073
$475,000 USD
973-202-7585
227 Paterson Ave, East Rutherford, NJ for Sale
$475,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

227 Paterson Ave
East Rutherford, NJ 07073


HIGHLIGHTS

  • Centrally located, corner property
  • Taxes $7,640
  • Lot size 25x100
  • Year built: 1928
  • Separate utilities - gas heat
  • Near public transportation, shops

OVERVIEW

Corner property available for mixed use. The property includes a storefront of approximately 890 square feet and a 2nd-floor apartment of approximately 1056 square feet, featuring 2 bedrooms, an eat-in kitchen, a den, a living room, and a storage room. There is also access to a deck. Both tenants are on a month-to-month basis. The store is currently rented for $1,000, and the tenant will be vacating within approximately 30 days. The second floor is rented for $1,050 per month. All utilities are separate. The property is being sold in "as is" condition. The adjacent parking lot does not belong to the property; municipal parking

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

B

APN/PARCEL ID

12-00082-0000-00012

ASK ABOUT THIS PROPERTY

Frank CortesThe Diamond AgencyMore Info
973-202-7585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Frank CortesThe Diamond AgencyMore Info
973-202-7585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.