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62 Hamilton Avenue

Passaic City, NJ 07055
  • $2,400,000
  • STATUS: Active
  • ON SITE: 130 Days
  • MLS #: 3809563
UPDATED: 56 min ago
$2,400,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,466
    SQFT
  • $229
    $/SQFT
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

This Turn Key Ready Investment is Centrally Located in Passaic, NJ. This Well Maintained Income Producing Property Consists of 2 Side by Side (6) Apartment Buildings. Each Apartment Provides 3 Bedrooms, Living Room, EIK & Full Bathroom. All Units Come with Separate Utilities for Electric & Gas. All Units are Below Market Value Allowing for Growth and Higher Cap Rate. Will be Delivered with Newly Issued DCA Green Card. Property Passed DCA Re-Inspection 9/14/22. All Units come with Separate Utilities. Both Properties Come with Tall and Dry Basement Areas for Storage. Property is located within walking distance to Mass Transportation, Shops, Restaurants, Schools, Parks, and Houses of Worship. Quick Access to Rt 20, Rt 21, Rt 3, Rt 46 and Garden State Parkway.

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Garden State MLS logo © 2023 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 Group. 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 Group 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 2023-02-04T06:47:56.737.
www.srrealestategroup.com/homes/133428967
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62 Hamilton Avenue Passaic City, NJ 07055

  • Price: $2,400,000
  • Status: Active
  • On Site: 130 Days
  • Updated: 56 min ago
  • MLS #: 3809563
0
Beds
0
Baths
0
½ Baths
0.08
Acres
10,466
SQFT
$229
$/SQFT
1920
Built
County:
Passaic
Area:
Passaic City
Property Description
This Turn Key Ready Investment is Centrally Located in Passaic, NJ. This Well Maintained Income Producing Property Consists of 2 Side by Side (6) Apartment Buildings. Each Apartment Provides 3 Bedrooms, Living Room, EIK & Full Bathroom. All Units Come with Separate Utilities for Electric & Gas. All Units are Below Market Value Allowing for Growth and Higher Cap Rate. Will be Delivered with Newly Issued DCA Green Card. Property Passed DCA Re-Inspection 9/14/22. All Units come with Separate Utilities. Both Properties Come with Tall and Dry Basement Areas for Storage. Property is located within walking distance to Mass Transportation, Shops, Restaurants, Schools, Parks, and Houses of Worship. Quick Access to Rt 20, Rt 21, Rt 3, Rt 46 and Garden State Parkway.
Exterior Features

Approximate Lot Size 62X102 Both Buildings Available Parking Spaces 0 Construction Brick/Block Exterior Description Brick/Block Location Business DistrictSee Remarks Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description FullUnfinished Cooling Window A/C(S) Equipment Available Fire AlarmSmoke Detector Floors LaminateTileWood Heating Cent Register HeatForced Hot AirSee Remarks Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 12 Office Sq Ft 0

Property Features

Building Number 2 DEPStatus See Remarks Expenses Include ElectricityInsuranceTaxesWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 208176 Lease Includes Trash RemovalWater Lease Type Net Net Operating Income 157858 Owner Pays SewerWater Primary Property Type Apartment Complex Property Type Apartment ComplexSee Remarks Sale Includes Building Only Sewer Public Sewer Suite Number 62-66 Tax Amount 37412 Tax Rate Amount 3.760 Tax Rate Year 2021 Tax Year 2021 Tenant Pays ElectricHeat Total Operating Expense 50317 Utilities Gas In Street Utilities Paid By Tenant Water Public Water Year Built Description ApproximateUnknown Zoning R-3

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-246-7040.


Garden State MLS logo © 2023 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 Group. 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 Group 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 2023-02-04T06:47:56.737.
 
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Christie's International Real Estate Group
47 Maple Street
Summit NJ, 07901