Property Details


Listing ID: 170005421
Price: $1,400,000
Address: 427-429 MARTIN LUTHER KING JR DR
City: JC, Bergen-Lafayett
State: New Jersey
Postal Code: 07304
County: Hudson
DON'T MISS - This property consists of 1 lot with 2 buildings. Both buildings are fully sprinklered. Investors you have a great cap rate on this property. One of the best buys out there, newly constructed in 2007 modern chic layout, a must see. Fully rented clean huge rooms, lots of closet space each of the 4 -3 bedroom apartments are 1200 square feet huge. This 10 Unit consist of 5 commercial and 5 residential units. There is no rent control because there are 4 -3 bedrooms and one Handicap Studio. The first building has 2 commercial spaces and 5 apartments. The second building has 3 commercial spaces and a rare bonus of 2 van size parking garage, 2 office spaces, one is huge with brick wall, full bath and kitchen. On top floor there is a 2000 square foot church with skylights, 2 bathrooms, hard wood floors and atrium. All Units are newly constructed with separate electrical panels, heating system and water heater in unit. Each bathroom has heat vented lighting. This property is located in Hot Bergen Lafayette the area to buy on fire. Located conveniently a block from Light rail and newly constructed City Hall Annex.

Primary Features

Approximate Lot Size: 50 x 100
Block: 21101
County: Hudson
Number of Stories: 3
Property Type: Commercial Investment
Sale/Rent: For Sale
Section: Bergen-Lafayette
Sprinklers: Wet

Additional

Approximate Building Age: 10
DOM: 53
Fuel: Gas
Items Excluded: All personal property.
Mixed Use: yes

Interior Features

Number of Studios: 1
Number of Units: 10
Total Number of 3BR: 4

Location Information

Between: Oak &Virginia

External Features

Broker Sign: no
Number of Parking Spaces: 2

Financial Details

Expense Sheet Attached: yes
Rent Control: no
Taxes: 12706

Zoning Info


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Listing courtesy of STAR ONE REALTY, LLC (201)-430-3375.
Data services provided by IDX Broker