Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1941
Sq.Footage
5,200
Value-Add Mixed-Use Opportunity with Residential Unit, Garage & Redevelopment PotentialExceptional mixed-use property offering approximately 5,200 square feet of flexible space, including a large commercial storefront, attached garage, expansive second-floor retail/warehouse area, a spacious 3-bedroom, 1.5-bath apartment, and a full finished basement providing additional usable space for storage, operations, or a variety of potential uses.The versatile layout provides endless possibilities for investors, business owners, developers, or owner-occupants. Potential uses include retail, office, warehouse, contractor space, live/work arrangements, or the creation of additional residential units, subject to municipal approvals.Situated on an approximately 60' x 125' lot, the property features a massive fenced backyard with potential for additional parking, outdoor storage, or future expansion. Existing parking includes a front driveway, oversized garage, additional frontage parking, and ample street parking.Pro Forma Income PotentialResidential Apartment: $3,500-$4,000/month ($42,000-$48,000/year)Commercial Space (Approx. 4,000 SF): $8,000/month ($96,000/year)Projected Gross Income: $11,500-$12,000/month ($138,000-$144,000/year)A rare opportunity to acquire a highly adaptable mixed-use property with strong income potential, a full finished basement, and significant upside for future growth.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding, Brick, Wood Siding
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.17
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$999,999
-
Tax Amount
$15,837
-
Zoning
B-2
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Passaic
Elementary School
Middle School
High School
Listing Courtesy of None , ELITE REALTORS OF NEW JERSEY
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