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Fanwood Boro,NJ 07023
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,931 sqft
Price per Sqft $828
MLS Listing ID 3929476
Year Built 2021
Annual Tax Amount $56,442
Tax Year 2023
Property Description
This storefront retail/residential property, built in 2021, offers a premium opportunity for both investors and end-users. Situated in a high-demand Central Business District (CBD), the building offers 7,463 SF of space, with 60% currently leased, providing a stable income stream with additional lease potential.The 2-story building has multiple tenants and is zoned to allow for a mix of residential and retail use. Features include 14 dedicated parking spaces and excellent visibility with 75 feet of frontage on Second Street. Ideal for a wide range of retail or residential use, this property boasts 24-hour access, signage, and proximity to commuter rail.The building is Class A construction, ensuring quality and long-term value. Don't miss out on this versatile, centrally located property with great income potential!
Location
State NJ
County Union
Zoning Commercial
Rooms
Basement Storage, Unfinished
Interior
Heating Gas-Natural
Cooling 4+ Units, Central Air
Flooring Laminate, Tile
Equipment Appliances, Fire Alarm
Heat Source Gas-Natural
Exterior
Exterior Feature Composition Siding
Utilities Available Gas In Street
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple