473 MERCER ST
JC, Journal Square, New Jersey NJ 07306
Price: $789,000
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Listing ID: 210026423
Status: ACTIVE
Total Baths: 3 Bath
Full Baths: 3 Bath

Terrific investment opportunity! This mixed use property located in Journal Square area is also near to downtown JC. Commercial space on main floor has high 13 feet ceilings with a rear room, full bath, storage and one car parking. Two spacious and bright 3BR 1BA apartments are above. Basement with rear access. Apt 2 rent $1750/mo. Apt 3 rent $1600/mo Commercial retail $1650/mo. Rents are below market by 20%. No Rent Control. Current Net Income $46170/yr with lot of potential to increase your return. Separate utilities, tenants pay gas & electric.

Primary Features

Area: JC, Journal Square
Number of Units: 3
Handicapped Access: no
Mixed Use: yes
Estimated Gross Income: 60000
Estimated Operating Expense: 5500
Approximate Lot Size: 29.7 x 58
Elevators: no
Number of Parking Spaces: 1
Items Included: two refrigerators, two stoves

Interior Features

External Features

Covered Parking: No
Easements: no
Free Standing: yes
Number of Stories: 3

Location Information

Between: Baldwin and Summit Ave
Block: 13502
Flood: None
Lot: 11
Section: Journal Square

Financial Details

Rent Control: no
Sale/Rent: For Sale
Tax ID: 37960
Taxes: 8330

Additional

Approximate Building Age: 1905
Charge: yes
Class: CI INVESTMENT - SALE ONLY
Fuel: Gas

Zoning Info


© 2022 Hudson County Multiple Listing Service (HCMLS). The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the HCMLS. Real estate listings held by brokerage firms other than Hudson Place Realty are marked with the HCIDX mark and the information about them includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.

Listing courtesy of COLDWELL BANKER RESIDENTIAL BROKERAGE (973) 694-8000. Data last updated: Sunday, January 16th, 2022 02:02:43 PM.

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