MLS# : 240004916
Interesting Journal Square Investment and Development Opportunity. Build two condos to lower the basis and produced high cash on cash return on existing strong income producing 3 Family. 77 Vroom is a 17x 66 lot that is fully approved to be 2 residential units - 1 550 SF One Bedroom and 1 1500 SF Two bedroom duplex. 75 Vroom is a recently updated 3 family. Each unit is a small 2 BR with mini splits air/heating systems. Building needs TLC but current rent roll grosses $6500. Low Taxes. See/Request ProForma for details.
This listing is a courtesy of MODERN SPACES NJ LLC
201-975-3887 office, listing agent JESSE TOLEDANO
Population: | 267,345 |
Total Housing Units: | 104,018 |
Single Family Homes: | 36,684 |
Apartments: | 67,334 |
General Tax Rate (2021): | 1.603% |
Effective Tax Rate (2021): | 1.402% |
Compare To Other Towns |
Average Price* (12mo): | $627,653 |
Apatments Sold* (12mo): | 962 |
Homes : | $349,000 - 5,250,000 | 62 avail |
Condos : | $162,500 - 4,148,000 | 370 avail |
Co-ops : | $499,000 - 499,000 | 1 avail |
Twnhs : | $399,000 - 1,699,000 | 16 avail |
2-4 Fam : | $380,000 - 3,995,000 | 117 avail |
5+ Fam : | $1,100,000 - 2,999,999 | 5 avail |
Land : | $200,000 - 6,000,000 | 17 avail |
Rentals : | $1,850 - 5,900 | 42 avail |
Mixd Use : | $1,100,000 - 3,500,000 | 8 avail |
Com S : | - | |
Com L : | - | |
Biz : | $65,000 - 1,250,000 | 10 avail |
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All information deemed reliable but not guaranteed. Last date updated: 04/30/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
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General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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