25 Russell Ave - Multi-Family FOR SALE


Edgewater, NJ 07020
$1,700,000 USD
201-592-8900
25 Russell Ave, Edgewater, NJ for Sale
$1,700,000 USD
Multi-Family - FOR SALE
1/14
null | Request Cap Rate

25 Russell Ave
Edgewater, NJ 07020


OVERVIEW

Welcome to 25 Russell Ave – A Historic Brownstone w Modern Upgrades & Prime Investment Potential! Built in 1895, this fully gut renovated three-family brownstone blends historic charm w modern luxury. It offers a unique chance to own a piece of the town’s history with contemporary upgrades. Each unit features brand-new electrical, plumbing, HVAC, hardwood floors, stylish kitchens & bathrooms w sleek LED lighting. The first-floor unit has 2 bedrooms & 1 bathroom and access to the backyard, while the second & third floors each offer 3 bedrooms & 1 bathroom. With approximately 1,100 sq. ft. per unit, separate utilities & four deeded parking spaces, this property is ideal for investors or owner-occupiers. Ultra-low taxes of just $11,422 per year enhances its appeal! Additional income potential includes leasing space for a cell antenna or converting units into condos (semi approved). Don’t miss this rare opportunity—schedule your private showing today! Reach out to George Marogi (201) 694-9054

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$545 USD /SF

# OF UNITS

3

PRICE/UNIT

$566,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1895

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

13-00071-0000-00019

ASK ABOUT THIS PROPERTY

Tony NabhanKW Commercial Fort LeeMore Info
201-592-8900

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

Tony NabhanKW Commercial Fort LeeMore Info
201-592-8900

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