408-417 River St, Hackensack, NJ 07601
408-417 River St, Hackensack, NJ 07601Basic Details
- Date added: Added 1 month ago
- Type: Commercial
- Category: For Sale
- Status: Open
Description
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Description:
28 Unit Apartment Building For Sale Hackensack, NJ 07601
The portfolio is comprised of 7 buildings with a total of 28 residential units. There are flat roofs and ample on site parking. Tenants pay for all utilities. Each unit has its own hot water heater and boiler. All the units are two bedrooms with 1 bathroom.
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Property Details
- Area: 35,906 sq ft
- Year built: 1892
- Sale Type: Investment
- No. Units: 28
- Apartment Style: Garden
- Lot Size: 0.85 AC
- Building Size: 35,906 SF
- Building Class: C
- Property Subtype: Apartment
- Opportunity Zone: Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
- Zoning: B-2
Highlights
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- Significant upside (~25%) with capital improvements
- Located in desirable Redevelopment Zone
- Additional income derived from billboard
- All 2 bedroom units
- Walking distance to NJ Transit Anderson Street Rail Station as well as various bus stops
- On-site laundry facilities
Property Taxes
- Parcel Number: 23-00403-0000-00003, 23-00403-0000-00011
- Land Assessment: $1,865,500
- Improvements Assessment: $1,662,500
- Total Assessment: $3,528,000
Agent
Andrew Scheinerman
The Kislak Company, Inc.
Location
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