Legal Mixed use property functioning as a 4 family is an investor's dream. Situated on desired Jersey Ave., between bustling Newark Avenue's Restaurant Row with ample shopping and eateries and Historic Hamilton Park. Location, Location, Location a mere 7 blocks from the Grove St. Path station units generally fully occupied ( unit 1 vacant for ease of showing post lease end 05/2019) This " 6th" borough Brownstone brims with possibilities. Start your own business as Owner/ Operator on main Downtown arty ( current designation) or build your portfolio with current usage as lucrative 4 family investment property. Current 4.86% cap rate. This 22.70 wide Brownstone with community backyard borders Historic Hamilton park that features lit Tennis Courts, basket courts, dedicated kids area, and dog run, weekly Farmer's market. Enclosed by Picturesque Historic Brownstone enclave , this location could not be better! This well maintained brownstone is closed to Everything Downtown JC has to offer. 3 ( 2br units with full living room and dining room) 1 ( 1br unit with large LVRM/DNRM combo). Excellent rents- A truly amazing gem)
Multi-Level, Brownstone, Row House, Townhouse
WEICHERT REALTORS (201) 333-4443
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Listing information last updated on August 25th, 2019 at 7:33am EDT.