MLS# : 25022552
Monthly Rents by Unit: #1:$1000 #2:$3000 #3:$1392 #4:$1095 #5:$1134 #6:$1445 #7:$995 #8:$1134 #9:$1134 #10:$1295 LOW TAXES: $12,155. Establish market rents on Vacant Units! Off Blvd East w/tremendous upside for a savvy investor or Large/Extended Families. Seller financing available to qualified buyer w/50% down payment/Interest only payments @ 9% fixed interest rate (2 year minimum Loan). This property also includes a license for a 10-Unit Rooming House which opens additional marketing strategies & opportunities with nice financial upsides by implementing 30-day short-term tenancies/multi person Occupancy and expand the profits tremendously. The 2nd & 3rd Floor each have a Full Bathroom which is shared among tenants. 1st Floor Apartment has private full bathroom and Spacoius Living Room, DR (or 2nd BR), Eat in Kitchen w/access to rear garden. Currently, an EZ Cash King with current business model...'24 GOI:$165k with long term tenants. Family operated business since 1989. Can deliver vacant: 5 Units (1-4 room APT., 1 Studio Unit, 3 Single Room Units, Basement & 2 Parking). 1 Gas/Steam boiler. 1 Tankless Hot Water System. Owner is a licensed N.J. real estate broker.
This listing is a courtesy of Langdon Realty Inc.
(201) 575-0185 office, listing agent Michael Langdon
Population: | 15,125 |
Total Housing Units: | 6,804 |
Single Family Homes: | 1,959 |
Apartments: | 4,845 |
General Tax Rate (2023): | 1.676% |
Effective Tax Rate (2023): | 1.802% |
Compare To Other Towns |
Average Price* (12mo): | $1,052,376 |
Homes Sold* (12mo): | 15 |
Average Price* (12mo): | $876,918 |
Apatments Sold* (12mo): | 72 |
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All information deemed reliable but not guaranteed. Last date updated: 08/13/2025 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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