
Description
GREAT INVESTMENT OPPORTUNITY in Journal Square! Sold with approved plans for an addition + extension, creating an additional 3 residential units, totaling 5 residential units & 1 commercial. Currently all units are vacant. The commercial unit is perfect for any type of business with exposed brick, bath, 10ft+ ceilings in storefront connecting to 1,000 sf of warehouse space w/ 15ft+ ceilings. Tons of foot traffic along Fairmount Ave. It can be converted to a restaurant, retail shop, etc- the possibilities are endless! Existing layouts: Unit 1 & 2 are both two bedrooms that can easily be converted into three bedrooms with eat-in kitchens and spacious living area. This property features three electric meters and three hot water heaters (two of which are brand new). Property lot size is 22 x 100. Taxes are $7,053/year. One block from JFK Blvd, 1/2 block from Bergenline Ave and short drive from 1-78. Approved plans included in docs. Property is located in an approved Cannabis Retailer Zone - check with JC Zoning for details.
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0BEDS
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N/AACRES
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2BATHS
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11/2 BATHS
School Ratings & Info
Description
GREAT INVESTMENT OPPORTUNITY in Journal Square! Sold with approved plans for an addition + extension, creating an additional 3 residential units, totaling 5 residential units & 1 commercial. Currently all units are vacant. The commercial unit is perfect for any type of business with exposed brick, bath, 10ft+ ceilings in storefront connecting to 1,000 sf of warehouse space w/ 15ft+ ceilings. Tons of foot traffic along Fairmount Ave. It can be converted to a restaurant, retail shop, etc- the possibilities are endless! Existing layouts: Unit 1 & 2 are both two bedrooms that can easily be converted into three bedrooms with eat-in kitchens and spacious living area. This property features three electric meters and three hot water heaters (two of which are brand new). Property lot size is 22 x 100. Taxes are $7,053/year. One block from JFK Blvd, 1/2 block from Bergenline Ave and short drive from 1-78. Approved plans included in docs. Property is located in an approved Cannabis Retailer Zone - check with JC Zoning for details.
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