Thomas Gheen - Coldwell Banker Hearthside
16 Route 206 #4
Byram Twp., NJ 07874

$1,500,000

Description

GREAT INVESTMENT OPPORTUNITY! THIS UNIQUE MIXED USE COMPLEX INCLUDES 7 RESIDENTIAL UNITS AND 4 SEPARATE COMMERCIAL SUITES. RECENTLY RENOVATED AND READY TO RENT,GREAT OWNER OCCUPIED OPPORTUNITY! THE COMMERCIAL UNITS ARE CURRENTLY VACANT.SUITE A-1500 SQ FT, SUITE B- 2900 SQ FT FORMALLY A DANCE STUDIO W/FLOATING FLOOR, SUITE C- 2240 SQ FT.,SUITE-H 644 SQ.FT. RESIDENTIAL UNITS: 4- 2BDRM,1-1BDRM,2-STUDIO'S,RESIDENTIAL INCOME $7,100.00/MO,COMMERCIAL PROJECTED INCOME $10,350.00/MO,34 PARKING SPACES AND ZONED VILLAGE BUSINESS WHICH ALLOWS FOR MANY OPPORTUNITIES. CAN BE PURCHASED WITH ADJOINING PROPERTY #14 RT.206 AND THE LOT BEHIND #16 WOULD GIVE YOU OVER 2 ACRES OF USABLE LAND FOR FUTURE DEVELOPMENT. CAN BE COMBINED FOR A TOTAL OF 2.07 ACRES COMBINING BL-42, LOT 109.1, BL-42, LOT 109.2. PRIME HIGHWAY LOCATION

Details

MLS#3482348
StyleIndustrial
Sub-TypeResale
StatusActive
Year1955
Days On Site89

Features

SQ Feet10,934
Story(s)2
Units11
ZoningVB

Additional Information

Annual Tax Amount22988
Assesed Tax Valuation660000
Tax ID3.483
Tax Rate2017

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Area Information

StateNJ
CountySussex
CityByram Twp.
Zip Code07874
AreaSussex
Listing VS Median (in 07874)
Price:
$1,500,000
low | high
Med:
$189,900
100% of Average
SqFt:
10,934
low | high
Med:
0
100% of Average
$ / SqFt:
$137
low | high
Med:
$0
100% of Average
On Site:
89
low | high
Med:
110
80.909090909091% of Average
Listing Updated: 09/21/2018
MLS Number: 3482348
Listing Provided By:
MORREALE JOSEPH  of  RE MAX SELECT