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$ 700,000
Est. payment | /mo
3,098 SqFt
$ 700,000
Est. payment | /mo
3,098 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 3,098 sqft
Price per Sqft $225
Subdivision Notchview
MLS Listing ID 3937578
Year Built 1986
Annual Tax Amount $16,046
Tax Year 2023
Property Description
Acquisition cap rate of 10% using projected rental income of $29/psf. Constructed in 1986 with all modern concepts. Current owner has done 150K+ improvements. Smart lighting can save big on bill. Central business area. Easy access to all highways. High visibility. Some office furniture can be negotiated. 3 Conference rooms, 2 Bathrooms, 5 offices, Filing room with kitchen, Tech & Printing room and Storage room. Perfect space for doctors, attorneys, accountants, title companies and other professional uses. Easy access from Highway 46 East, high visibility, over 50,000 vehicles per day. The unit is part of Notchview Office Park, 3-star office condo, Class B Office Buildings. Central business location! This is prime urban highway location, close to all highways and NYC. Newark International Airport 15 minutes away, NYC 20 minutes away Building has elevator. The unit is almost 3,100 sf, 2 1/3 units combined into one. $150k worth of upgrades.
Location
State NJ
County Passaic
Zoning Retail
Interior
Heating Electric
Cooling 1 Unit, Central Air
Flooring Carpeting, Laminate
Equipment Fire Alarm, Fixtures, Furniture, Kitchen Area, Passenger Elevator(s), Security System
Heat Source Electric
Exterior
Exterior Feature Concrete
Utilities Available All Underground
Roof Type Flat
Building
Lot Description Level Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Condominium
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by EXP REALTY, LLC
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