This building has four 2-bedroom/1 bath apartments, a commercial space and an office. A rare find, it is only moments to the Danforth Light Rail which leads to Downtown JC and Manhattan. There is parking for 4 cars in the back lot as well. The four apartments have been used as short term corporate rentals. The total gross revenue is $161,000 per year. Operating expenses are estimated at $50, 516. It is located in an opportunity zone and if owned for 10 years, then the new owner will not be required to pay capital gains taxes. Information is provided by the NJ Department of Community Affairs.
GROUP TWENTY SIX LLC (201) 969-2626
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Listing information last updated on August 24th, 2019 at 8:03am CDT.