Property Details

Listing ID: 170007562
Price: $479,000
Address: 563 70TH ST
City: Guttenberg
State: New Jersey
Postal Code: 07093
Bedrooms: 7
Total Baths: 3
Full Baths: 3
County: Hudson
INVESTMENT OPPORTUNITY! ~8% Cap Rate based on projected Net Operating Income. Great investment property or perfect for an owner occupant. This two-family home is in excellent condition and features two spacious units and a bonus apartment for the owner. Unit #2 is currently vacant and the projected monthly rent is $2,200. Unit #3 is currently tenant-occupied, their lease is month-to-month, and the monthly rent is $1,700 ($2,200 is market rate). Unit #1 & Unit #2 are identical in layout, square footage, and finishes. The property has two gas boilers, two hot water heaters, two gas meters, and two electric meters. The Tenants pay their own heat, gas, & electric and the Owner is responsible for water/sewer, insurance, and real estate taxes. The owner’s apartment is located behind the two-car garage. This home is just two blocks from JFK Boulevard and walking distance to restaurants, shops, schools, and parks. Don’t miss out on this great home - book your showing today!

Primary Features

Area: Guttenberg
Bank Owned Y/N: no
Building Style: Brownstone, Multi-Level
County: Hudson
Exterior Finish: Brick
Heating/Cooling: A/C Wall, Baseboard, Gas
Inclusions: All Major Appliances.
Property Subtype: 2 Family
Property Type: Multifamily
Short Sale (Y/N): No


Exclusions: Owner's Personal Belongings.
Status Category: Active

Financial Details

Associated Document Count: 2
DOM: 14
HotSheet Date: 2017-05-08
Sale/Rent: For Sale
Search Price: 479000
Taxes: 10950
Water Sewer Expense: 1384
Water Sewer Expense Year: 2017

Interior Features

Basement: None

Location Information

Between: Jackson St. & Adams St.

External Features

Lot Size: 25.77 X 50
Parking Available: 2 Cars, Attached, Covered, Garage

Zoning Info

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Listing courtesy of COURT STREET PROPERTY GROUP (201)-822-1850.
Data services provided by IDX Broker