252-266 Park Ave, East Rutherford, NJ 07073
252-266 Park Ave, East Rutherford, NJ 07073Basic Details
- Date added: Added 1 month ago
- Type: Commercial
- Category: For Sale
- Status: Closed
Description
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Description:
9,721 SF 100% Leased Retail Building East Rutherford, NJ 07073 $2,500,000 ($257.18/SF)
Mixed Use Building in Prime Location! This property is a two-story mixed-use building within the NC: Neighborhood Commercial zone located directly across from the Rutherford train station. Four retail spaces and four 2 bedroom apartments. Full basement w/mechanicals & storage. Small outdoor area in the rear of the property. Strengths of this investment are proximity to train station, the upside potential in rent, and exposure and visibility from Park Avenue and the train. Low taxes. Please note, this sale is for the real estate only and does not include any of the current businesses. Additional details and financials available at www.266park.com. Call (201) 935-6200 with questions.
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Property Details
- Frontage: 103’ on Park Ave
- Area: 9,721 sq ft
- Year built: 1940
- Sale Type: Investment
- Building Size: 9,721 SF
- Building Class: C
- Property Subtype: Storefront Retail/Residential
- Tenancy: Multiple
- Percent Leased: 100%
- Building Height: 2 Stories
- Building Far: 1.94
- Zoning: B
Highlights
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- Four retail spaces and four 2 bedroom apartments
- Great visibility on a main street
- Steps from Rutherford train station
Property Taxes
- Parcel Number: 12-00073-0000-00004
- Land Assessment: $765,500
- Improvements Assessment: $1,274,100
- Total Assessment: $2,039,600
Agent
Jennifer Darby Metzger
Justin Commercial
Location
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