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$999,999
Est. payment /mo
5,200 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $192
MLS Listing ID 4035152
Year Built 1941
Annual Tax Amount $15,837
Tax Year 2025
Lot Size 7,405 Sqft
Property Sub-Type Mixed Use
Property Description
Value-Add Mixed-Use Opportunity with Residential Unit, Garage & Redevelopment PotentialExceptional mixed-use property offering approximately 5,200 square feet of flexible space, including a large commercial storefront, attached garage, expansive second-floor retail/warehouse area, a spacious 3-bedroom, 1.5-bath apartment, and a full finished basement providing additional usable space for storage, operations, or a variety of potential uses.The versatile layout provides endless possibilities for investors, business owners, developers, or owner-occupants. Potential uses include retail, office, warehouse, contractor space, live/work arrangements, or the creation of additional residential units, subject to municipal approvals.Situated on an approximately 60' x 125' lot, the property features a massive fenced backyard with potential for additional parking, outdoor storage, or future expansion. Existing parking includes a front driveway, oversized garage, additional frontage parking, and ample street parking.Pro Forma Income PotentialResidential Apartment: $3,500-$4,000/month ($42,000-$48,000/year)Commercial Space (Approx. 4,000 SF): $8,000/month ($96,000/year)Projected Gross Income: $11,500-$12,000/month ($138,000-$144,000/year)A rare opportunity to acquire a highly adaptable mixed-use property with strong income potential, a full finished basement, and significant upside for future growth.
Location
State NJ
County Passaic
Zoning B-2
Rooms
Basement Bilco-Style Door, Finished, French Drain, Full
Interior
Heating Gas-Natural
Cooling 1 Unit
Equipment Fixtures, Kitchen Area, Restrooms - Private
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum, Brick
Utilities Available Gas-Natural
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by ELITE REALTORS OF NEW JERSEY
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