384 FAIRVIEW AVE
Fairview, New Jersey NJ 07022
Sold For: $12,600,000
Listing ID: 220004190
Status: SOLD
Sold Date: 6/24/2022
Total Baths: 4 Bath
Full Baths: 4 Bath

CALLING ALL INVESTORS!! DONT MISS OUT ON THIS GEM! 6+% CAP RATE WITH PLENTY OF UPSIDE!! - TOTALLY RENOVATED! BRICK APARTMENT BUILDING - FULLY OCCUPIED WITH MARKET RENTS - 1-$ 2325 2-$2225 3-$2170 4- $1495 PARKING - $865 ! TENANTS PAY ALL SEPARATE UTILITIES INCLUDING WATER/SEWER - 10 CAR PARKING-2 GARAGES - CENTRALLY LOCATED AND CONVENIENT TO ALL MODES OF TRANSPORTATION - CLOSE PROXIMITY TO SHOPPING AND INFAMOUS JAMES BRADDOCK NORTH HUDSON COUNTY PARK - - EASY ACCESS TO NYC - -SS APPLIANCE PACKAGE - GLASS BACKSPLASHES - QUARTZ COUNTERS - LUXURIOUS OAK HARDWOOD FLOORS - RECESSED LIGHTING - CENTRAL HVAC - IN UNIT WASHER / DRYERS - RECESSED LIGHTING - PLENTY OF CLOSET SPACE-EXTRA STORAGE-PLUS MORE-- EXTRA BONUS !! - OWNER SELLING A MIXED USE BUIDING JUST A FEW DOORS AWAY! POSSIBLE ADDITIONAL DEVELOPMENT OPPORTUNITY!! CALL TODAY FOR A PRIVATE TOUR AND TO RECEIVE COMPLETE PACKAGE WITH INCOME/EXPENSE/PROFORMA AND SURVEYS!

Primary Features

Area: Fairview
Number of Units: 4
Mixed Use: no
Estimated Gross Income: 109000
Estimated Operating Expense: 6988.50
Approximate Lot Size: 4375
Type of Construction: BRICK
Number of Parking Spaces: 10
Items Included: Owner fixtures and appliances

Interior Features

Number of Studios: 1
Sprinklers: Wet

External Features

Covered Parking: Both
Easements: yes
Number of Stories: 2

Location Information

Between: Fairview Ave and Lincoln
Block: 00229
Flood: None
Lot: 0004,00012

Financial Details

Rent Control: no
Sale/Rent: For Sale
Tax ID: 1938
Taxes: 26488

Additional

Approximate Building Age: 1917
Charge: yes
Class: CI INVESTMENT - SALE ONLY
Fuel: Gas
Green Card: yes

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 WEICHERT REALTORS (201) 653-8488. Data last updated: Tuesday, June 28th, 2022 11:04:12 PM.

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