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    264 Fairmount Ave

    Jc, Journal Square, NJ 07306
    • $675,000
    • STATUS: Active
    • ON SITE: 37 days
    • MLS #: 202017741
    UPDATED: 128 min ago
    $675,000
    • 0
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial

    School Ratings & Info

    Description

    $50,000 PRICE IMPROVEMENT! GREAT INVESTMENT OPPORTUNITY in Journal Square! 7% Cap rates based on the projected rents. Commercial space and unit 1 will be delivered vacant. The commercial unit is perfect for any type of business with exposed brick, 10ft+ ceilings and tons of foot traffic along Fairmount Ave. It can be converted to a restaurant, retail shop, etc- the possibilities are endless! Units 1 & 2 are both two bedrooms that can easily be converted into three bedrooms with eat-in kitchens and spacious living area. This property features three electric meters and three hot water heaters (two of which are brand new). Property lot size is 22 x 100. Taxes are $7,053/year. This property is one block away from JFK Blvd where you can take the bus to and from NYC, 1/2 block from Bergenline Ave and short drive from 1-78. Income & Expense/Floor Plan report available upon request.

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    © 2020 Hudson County Multiple Listing Service. 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 The Lane Team | Compass New Jersey LLC. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than The Lane Team | Compass New Jersey LLC are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2020-09-26T16:25:43.84.
    www.laneteam.com/homes/109158888
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    264 Fairmount Ave Jc, Journal Square, NJ 07306

    • Price: $675,000
    • Status: Active
    • Updated: 128 min ago
    • MLS #: 202017741
    0
    Beds
    2
    Baths
    1
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Jc, Journal Square
    Area:
    Jc, Journal Square
    Property Description
    $50,000 PRICE IMPROVEMENT! GREAT INVESTMENT OPPORTUNITY in Journal Square! 7% Cap rates based on the projected rents. Commercial space and unit 1 will be delivered vacant. The commercial unit is perfect for any type of business with exposed brick, 10ft+ ceilings and tons of foot traffic along Fairmount Ave. It can be converted to a restaurant, retail shop, etc- the possibilities are endless! Units 1 & 2 are both two bedrooms that can easily be converted into three bedrooms with eat-in kitchens and spacious living area. This property features three electric meters and three hot water heaters (two of which are brand new). Property lot size is 22 x 100. Taxes are $7,053/year. This property is one block away from JFK Blvd where you can take the bus to and from NYC, 1/2 block from Bergenline Ave and short drive from 1-78. Income & Expense/Floor Plan report available upon request.
    Exterior Features

    Covered Parking No Lot Size 22 X 103 Number Parking Spaces 0 Stories 3

    Interior Features

    Three Bedrooms 3

    Property Features

    Approximate Building Age 120 Commercial Type Investment Easements No Elevators No Flood None Free Standing No Fuel Gas Gross Income $65800 Handicap Access Yes Internet Yes Lead Paint Form Yes Mixed Use Yes Operating Expenses $11753 Taxes 7053

    Listing provided courtesy of Lighthouse Residential Llc:201-613-2128.


    © 2020 Hudson County Multiple Listing Service. 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 The Lane Team | Compass New Jersey LLC. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than The Lane Team | Compass New Jersey LLC are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2020-09-26T16:25:43.84.
     
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