ADDRESS
62 E Park Place
Morristown, NJ 07960
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$995,000
62 Days On Site
232 Stuyvesant AveLyndhurst Twp., NJ 07071
For Sale|Multi Family|Active
7
Beds
3
Full Baths
2
Partial Baths
2,600
SqFt
$383
/SqFt
1920
Built
County:
Bergen
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Unique income producing 3 family plus 2 retail unit investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Fully leased building features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91,548 and Yearly Expenses: $23,026. "Bones" have been well maintained and units have in between tenants. Newer roof, furnaces, and water heater. Tenants pay own electric and gas, landlord pays heat and water. Potential to expand up or out in rear, buyer should do own due diligence with Lyndhurst Twp. Buyer responsible for obtaining C/O and any inspections needed for closing.
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Listing Snapshot
Price
$995,000
Days On Site
62 Days
Bedrooms
7
Inside Area (SqFt)
2,600 sqft
Total Baths
5
Full Baths
3
Partial Baths
2
Lot Size
0.1 Acres
Year Built
1920
MLS® Number
3926264
Status
Active
Property Tax
$17,936
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.1
Carport
6
Number Of Stories
2
Parking
GravelOff StreetOn Street
Parking Spaces
6
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
3545
Style
2-Two StorySee Remarks
Utilities
Natural Gas Available
Water Source
Public
Interior Features
Appliances
Gas Water Heater
Basement
FullUnfinished
Heating
Natural GasHot WaterRadiant
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Exterior Features
Construction Details
Vinyl Siding
Listing courtesy of LATTIMER REALTY 2012597711
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. 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. This information is being provided 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 deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. 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. This information is being provided 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 deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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