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306 Union Blvd

Totowa Boro, NJ 07512
  • $625,000
  • STATUS: Active Under Contract
  • ON SITE: 76 Days
  • MLS #: 3878667
Under Contract
UPDATED: 26 min ago
$625,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,196
    SQFT
  • $196
    $/SQFT
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

A remarkable investment opportunity! An easily noticeable commercial building with a separate, private entrance to a residential apartment on the upper level. Currently occupied by an insurance agency, this one-story structure offers excellent potential for various businesses such as mortgage, medical, or dental services. The building is equipped with handicap accessibility, a reception area with ample natural light, 5 offices, a kitchenette with dining space, a half bathroom, a basement, storage area, a two-car garage, and off-street parking for 7-9 cars. The upper-level apartment consists of one bedroom, one bathroom, an eat-in kitchen, a living room, and off-street parking. Both tenants are on month-to-month lease. Its income potential could be significantly enhanced with the right strategy.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-03-04T06:46:42.783.
www.trompeterrealestate.com/homes/146132391
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306 Union Blvd Totowa Boro, NJ 07512

  • Price: $625,000
  • Status: Active Under Contract
  • On Site: 76 Days
  • Updated: 26 min ago
  • MLS #: 3878667
0
Beds
0
Baths
0
½ Baths
0.16
Acres
3,196
SQFT
$196
$/SQFT
1950
Built
County:
Passaic
Area:
Totowa Boro
Property Description
A remarkable investment opportunity! An easily noticeable commercial building with a separate, private entrance to a residential apartment on the upper level. Currently occupied by an insurance agency, this one-story structure offers excellent potential for various businesses such as mortgage, medical, or dental services. The building is equipped with handicap accessibility, a reception area with ample natural light, 5 offices, a kitchenette with dining space, a half bathroom, a basement, storage area, a two-car garage, and off-street parking for 7-9 cars. The upper-level apartment consists of one bedroom, one bathroom, an eat-in kitchen, a living room, and off-street parking. Both tenants are on month-to-month lease. Its income potential could be significantly enhanced with the right strategy.
Exterior Features

Approximate Lot Size 55X125 Available Parking Spaces 9 Construction Brick/Block Exterior Description Vinyl Siding Location Business District Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Additional ParkingBlacktopOff-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling 2 UnitsCentral Air Equipment Available See Remarks Heating 2 UnitsForced Hot Air Max Ceiling Height 8 Max Door Height 0 Number Of Lavatories 2 Office Sq Ft 0

Property Features

For Sale Or Lease For Sale Fuel Type ElectricGas-Natural Gross Operating Income 46224 Net Operating Income 30611 Primary Property Type MixedUse Property Type Mixed Use Sale Includes Building & Land Sewer Public Sewer Suite Number 00 Tax Amount 11887 Tax Rate Amount 2.438 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 15613 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning mix

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of COLDWELL BANKER REALTY: 201-410-5402.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Trompeter Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Trompeter Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-03-04T06:46:42.783.
 
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