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10 Central Ave

Caldwell Boro Twp., NJ 07006
  • $2,500,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 3749363
UPDATED: 69 min ago
$2,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,156
    SQFT
  • $307
    $/SQFT
Type:
Commercial
Built:
2019
County:

School Ratings & Info

Description

Rare INVESTMENT OPPORTUNITY to own 4 FULLY RENTED luxury townhouses built in 2019 located in the heart of Caldwell. Built using top of the line materials for long lasting quality and LOW maintenance costs. Centrally located in northwestern Essex County just 16 miles from NYC and near all major highways. Walking distance to main street with shops and restaurants. Top rated schools. Close to major pharma and financial companies. All 4 units have the same layout with 4 fully finished floors with over 2k sf. Each with 2 bedrooms, 2 full baths, 2 half baths, 1st floor guest room/office, finished attic, main living area w open floor plan and balcony. Possible CAP rate of 7.095%

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© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-11-29T09:46:27.63.
www.srrealestategroup.com/homes/122904614
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10 Central Ave Caldwell Boro Twp., NJ 07006

  • Price: $2,500,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 69 min ago
  • MLS #: 3749363
0
Beds
0
Baths
0
½ Baths
N/A
Acres
8,156
SQFT
$307
$/SQFT
2019
Built
Neighborhood:
The Brownstones At Caldwell
County:
Essex
Area:
Caldwell Boro Twp.
Property Description
Rare INVESTMENT OPPORTUNITY to own 4 FULLY RENTED luxury townhouses built in 2019 located in the heart of Caldwell. Built using top of the line materials for long lasting quality and LOW maintenance costs. Centrally located in northwestern Essex County just 16 miles from NYC and near all major highways. Walking distance to main street with shops and restaurants. Top rated schools. Close to major pharma and financial companies. All 4 units have the same layout with 4 fully finished floors with over 2k sf. Each with 2 bedrooms, 2 full baths, 2 half baths, 1st floor guest room/office, finished attic, main living area w open floor plan and balcony. Possible CAP rate of 7.095%
Exterior Features

Approximate Lot Size 9.67% CE Construction Brick/Block Exterior Description Concbrd Location Residential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description 1 Car WidthBlacktop Roof Description Asphalt Shingle

Interior Features

Basement No Cooling 4+ UnitsCentral Air Equipment Available Appliances Floors LaminateTileWood Heating 4+ Units Max Ceiling Height 999999 Max Door Height 99999 Number Of Lavatories 16 Office Sq Ft 0

Property Features

Expenses Include InsuranceProperty ManagementTaxes For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 184800 Lease Type Gross Monthly Maintenance Fee 1336 Net Operating Income 112583 Primary Property Type Condo Complex Property Type Condo Complex Sale Includes Building & Land Sewer Public Sewer Suite Number Na Tax Amount 12316 Tax Rate Amount 2.803 Tax Rate Year 2020 Tax Year 2020 Tenant Pays Association FeeCable T.V.ElectricGasHot WaterSewerWater Total Operating Expense 72217 Utilities Gas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning Residential

Listing information © 2021 Garden State Multiple Listing Service,LLC.
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© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-11-29T09:46:27.63.
 
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Christie's International Real Estate Northern New Jersey
47 Maple Street
Summit NJ, 07901