52 W Erie Ave - Apartments FOR SALE


Rutherford, NJ 07070
$4,290,000 USD
973-650-3147
52 W Erie Ave, Rutherford, NJ for Sale
$4,290,000 USD
Apartments - FOR SALE
1/4
null | 4.5% Cap Rate

52 W Erie Ave
Rutherford, NJ 07070


HIGHLIGHTS

  • Great Investment

OVERVIEW

Please take note that we are offering a property viewing, including about two apartment viewings, on Wednesday, April 9th between 4-6pm. Please let us know if you wish to attend by emailing gary@garymolnerrealtor.com. For any interested parties we will accept bids by Friday, April 11th by 5 pm. All interest via a bid should be sent to gary@garymolnerrealtor.com by that time. For any further information on this process please contact us. If you are a broker representing a buyer please contact us for details. Excellent location and great investment. Great opportunity to take advantage of better returns going forward. Call Gary Molner at 973-650-3147 or email at gary@garymolnerrealtor.com for further details. Otherwise attached pdf has brief property description with 2024 financials.

FOR SALE DETAILS

PRICE

$4,290,000 USD

PRICE/SF

$259 USD /SF

# OF UNITS

23

PRICE/UNIT

$186,522

CAP RATE

4.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

-

APN/PARCEL ID

56-00072-0000-00009-05

ASK ABOUT THIS PROPERTY

Gary MolnerAVM ManagementMore Info
973-650-3147

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Gary MolnerAVM ManagementMore Info
973-650-3147

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