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    725 Grove St

    Irvington Twp., NJ 07111
    • $347,000
    • STATUS: Active
    • ON SITE: 70 days
    • MLS #: 3647148
    $347,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,442
      SQFT
    • $142
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1911
    County:

    School Ratings & Info

    Description

    Highly visible commercial mixed-use w/ corner lot exposure in a designated Opportunity Zone along Grove St. Fully renovated investment property; completed in Year 2020, ideal for start-up Buy/Hold investors and Owner/User principals seeking turnkey assets. Unit mix of two (2) apartments; 1-Bed/4-Bed and one commercial leasehold w/ sep. utilities. In-unit laundry facility and forced hot air system represent property amenities. Retail offers pre-existing layout w/ open area, storage, & private offices. ADA-compliant restroom and multiple private rooms w/ retrofitted plumbing fixtures. Detached 3-car garage parking in rear lot offers potential for new owner to generate ancillary monthly income. Immediate access to public bus transportation. Rental income upside from current below-market rent for 1-Bed unit. Security System not included.

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    © 2020 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 Team Braconi | Christie's International Real Estate | Northern New Jersey. 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 Team Braconi | Christie's International Real Estate | Northern New Jersey 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 2020-09-19T10:46:43.48.
    www.teambraconihomesales.com/homes/107695345
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    725 Grove St Irvington Twp., NJ 07111

    • Price: $347,000
    • Status: Active
    • MLS #: 3647148
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    2,442
    SQFT
    $142
    $/SQFT
    1911
    Built
    Neighborhood:
    East Ward
    County:
    Essex
    Area:
    Irvington Twp.
    Property Description
    Highly visible commercial mixed-use w/ corner lot exposure in a designated Opportunity Zone along Grove St. Fully renovated investment property; completed in Year 2020, ideal for start-up Buy/Hold investors and Owner/User principals seeking turnkey assets. Unit mix of two (2) apartments; 1-Bed/4-Bed and one commercial leasehold w/ sep. utilities. In-unit laundry facility and forced hot air system represent property amenities. Retail offers pre-existing layout w/ open area, storage, & private offices. ADA-compliant restroom and multiple private rooms w/ retrofitted plumbing fixtures. Detached 3-car garage parking in rear lot offers potential for new owner to generate ancillary monthly income. Immediate access to public bus transportation. Rental income upside from current below-market rent for 1-Bed unit. Security System not included.
    Exterior Features

    Approximate Lot Size 25 X 100 Available Parking Spaces 3 Construction Wood Exterior Description Vinyl Siding Location CornerFreestandingResidential Area Number Of Bays 3 Number Of Docks 0 Parking Driveway Description Driveway-ExclusiveOff-Street ParkingParking Lot-Exclusive Roof Description Flat

    Interior Features

    Basement Yes Basement Description FullSlabUnfinished Cooling No Cool Equipment Available Smoke Detector Floors Laminate Heating 3 UnitsForced Hot Air Max Ceiling Height 9 Max Door Height 0 Number Of Doors 0 Number Of Lavatories 3 Office Sq Ft 0

    Property Features

    DEPStatus Unknown Expenses Include See Remarks For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 9999 Lease Type Modified Net Operating Income 20746 Number Of Volts 240 Owner Pays SewerWater Permitted Use Four Family Residential Primary Property Type Mixeduse Prior Use Apartment Rentals Property Type Mixed UseStore With Apartment Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 11081 Tax Rate Amount 5.814 Tax Rate Year 2020 Tax Year 2020 Tenant Pays ElectricGasHeatHot Water Total Operating Expense 9999 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning R-3

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2020 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 Team Braconi | Christie's International Real Estate | Northern New Jersey. 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 Team Braconi | Christie's International Real Estate | Northern New Jersey 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 2020-09-19T10:46:43.48.
     
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    Team Braconi | Christie's International Real Estate | Northern New Jersey
    837 Franklin Lake Rd
    Franklin Lakes NJ, 07417