Description
GREAT MIXED USE COMMERCIAL PROPERTY FOR SALE WITH OVER 8% CAP RATE IN REDEVELOPMENT ZONE. TAXES ARE VERY LOW AND PROPERTY LOCATED IN REDEVELOPMENT ZONE. BUSY 2200+ SQ FT RESTAURANT/HALL ON FIRST LEVEL AND 2 APARTMENTS ON SECOND LEVEL .EACH APARTMENT HAS 2 BEDROOMS, 1 BATHROOM, LIVING ROOM AND DINING ROOM BOTH RENOVATED LESS THAN 5 YEARS AGO WITH FORCED HOT AIR. BUILDING WAS ENTIRELY RENOVATED LESS THAN 5 YEARS AGO, ROOF, PLUMBING, ELECTRICAL, APARTMENTS, ALL DONE TO CODE. RESTAURANT HAS CENTRAL AIR AND FORCED AIR AND CAN SIT UP O 120 PEOPLE. BIG OPEN BASEMENT THE LENGTH OF THE BUILDING USED BY 1ST FLOOR BUSINESS. ALL SEPERATE UTILITIES FOR ALL 3 APARTMENTS. SECOND FLOOR TENANTS PAYING LOW RENT LEASES UP APRIL AND MAY 2026. RENTS ARE $4800+$1500+ $1600. RESTUARANT ALSO PAYS HALF OF TAXES AND HALF OF THE WATER. 2 BEDROOMS APARTMENT BELOW MRKET VALUE.
-
0BEDS
-
0.06ACRES
-
0BATHS
-
01/2 BATHS
-
4,200SQFT
-
$220$/SQFT
School Ratings & Info
Description
GREAT MIXED USE COMMERCIAL PROPERTY FOR SALE WITH OVER 8% CAP RATE IN REDEVELOPMENT ZONE. TAXES ARE VERY LOW AND PROPERTY LOCATED IN REDEVELOPMENT ZONE. BUSY 2200+ SQ FT RESTAURANT/HALL ON FIRST LEVEL AND 2 APARTMENTS ON SECOND LEVEL .EACH APARTMENT HAS 2 BEDROOMS, 1 BATHROOM, LIVING ROOM AND DINING ROOM BOTH RENOVATED LESS THAN 5 YEARS AGO WITH FORCED HOT AIR. BUILDING WAS ENTIRELY RENOVATED LESS THAN 5 YEARS AGO, ROOF, PLUMBING, ELECTRICAL, APARTMENTS, ALL DONE TO CODE. RESTAURANT HAS CENTRAL AIR AND FORCED AIR AND CAN SIT UP O 120 PEOPLE. BIG OPEN BASEMENT THE LENGTH OF THE BUILDING USED BY 1ST FLOOR BUSINESS. ALL SEPERATE UTILITIES FOR ALL 3 APARTMENTS. SECOND FLOOR TENANTS PAYING LOW RENT LEASES UP APRIL AND MAY 2026. RENTS ARE $4800+$1500+ $1600. RESTUARANT ALSO PAYS HALF OF TAXES AND HALF OF THE WATER. 2 BEDROOMS APARTMENT BELOW MRKET VALUE.
© 2026 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 2026-01-22T06:49:17.977.