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$769,999
Est. payment /mo
9,999 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,999 sqft
Price per Sqft $77
MLS Listing ID 4049503
Year Built 1940
Annual Tax Amount $14,964
Tax Year 2025
Lot Size 4,356 Sqft
Property Sub-Type Mixed Use
Property Description
This was a mixed-use property with a laundromat business operating on the first floor, but the previous owner removed all of the equipment. Gas, electric, water, security system, and drainage connections have been installed, with capacity for up to 20 washers and 20 dryers. A new central A/C and heating system has also been installed on the first floor, the building also features two recently renovated apartments on the second and third floors (see details in the unit information section). The driveway, siding, and roof are all brand new, you have to see this property in person to truly appreciate the many recent improvements. Due to the first-floor vacancy, the previous buyers were unable to secure financing. As a result, the seller is only accepting cash offers with proof of funds. Conventional financing may be considered with at least a 50% down payment and a pre-approved loan letter. Buyers should check with their lender before moving forward. "BETTER SAFE THAN SORRY" This property represents an outstanding investment opportunity with significant income potential. GOOD NEWS...!!! THE PROPERTY HAS ALREADY BEEN APPRAISED AT $800,000, SO THERE IS NO RISK OF GOING FOR THE FULL ASKING PRICE...!!!
Location
State NJ
County Passaic
Zoning comm
Rooms
Basement Full
Interior
Heating Electric, Gas-Natural
Cooling Central Air, Wall A/C Unit(s)
Flooring Laminate, Wood
Equipment Fire Alarm, Restrooms - Public, Smoke Detector
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Brick/Block, Composition Shingle
Garage Spaces 8.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Garage No
Building
Lot Description Level Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by PROMISE LAND REALTY
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