692 Passaic Ave

    Nutley Twp., NJ 07110
    • $650,000
    • STATUS: Active
    • ON SITE: 130 days
    • MLS #: 3525811
    UPDATED: 53 min ago
    $650,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,200
      SQFT
    • $295
      $/SQFT
    Type:
    Commercial
    Built:
    1954
    County:
    Area:

    School Ratings & Info

    Description

    Mixed-use development opportunity for a new building with street retail and apts. Great location and income potential. 2 freestanding buildings on 1 lot. Each 1100 SF with 4-6 car parking in between. High traffic, desirable location. Front building is currently being built-out by catering company and a new roof was installed approximately 2 years ago. Front building leased by catering company and rear building leased by distributor.

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    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Baer & McIntosh Real Estate. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than William Raveis Baer & McIntosh Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-05-26T22:46:05.03.
    www.baerhomes.com/homes/90928971

    692 Passaic Ave Nutley Twp., NJ 07110

    • Price: $650,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 3525811
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,200
    SQFT
    $295
    $/SQFT
    1954
    Built
    County:
    Essex
    Area:
    Nutley Twp.
    Property Description
    Mixed-use development opportunity for a new building with street retail and apts. Great location and income potential. 2 freestanding buildings on 1 lot. Each 1100 SF with 4-6 car parking in between. High traffic, desirable location. Front building is currently being built-out by catering company and a new roof was installed approximately 2 years ago. Front building leased by catering company and rear building leased by distributor.
    Exterior Features

    Approximate Lot Size 59X100 Available Parking Spaces 6 Construction Wood Exterior Description Concrete Location Business DistrictCornerFreestanding Lot Description Corner Number Of Bays 1 Number Of Docks 1 Parking Driveway Description 2 Car WidthParking Lot-SharedBlacktopOff-Street Parking Roof Description Asphalt Shingle

    Interior Features

    Available Sq Ft 0 Basement No Cooling 2 UnitsCentral Air Equipment Available Smoke DetectorKitchen AreaFire AlarmRestrooms - Private Floors Concrete Heating 2 UnitsForced Hot Air Loading Information Truck Docks Max Ceiling Height 11 Max Door Height 10 Number Of Doors 1 Number Of Lavatories 2 Office Sq Ft 0

    Property Features

    Building Assessment 99600 Capitalization Rate 5.00 Documents Available Leases Easement Unknown Expenses Include TaxesInsurance For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 47664 Land Assessment 270800 Net Operating Income 32464 Permitted Use Mixed Use / Retail Primary Property Type Mixeduse Property Type Mixed UseOffice/RetailRestaurant Renovated Year 2019 Sale Includes Building & Land Sewer Public Sewer Suite Number N/A Tax Amount 12863 Tax Rate Amount 3.473 Tax Rate Year 2017 Tax Year 2017 Total Operating Expense 15200 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description ApproximateUnder Construction Zoning B-2

    Listing information © 2019 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Re/Max Park Square.


    © 2019 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or William Raveis Baer & McIntosh Real Estate. 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.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than William Raveis Baer & McIntosh Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2019-05-26T22:46:05.03.
     
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