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Excellent opportunity to own a piece of Edgewater History in a Prime Location, three-story Brownstone Style building featuring five residential units, built in 1906. Three attached garages and a coin-operated laundry for extra income, tenant pays separate utilities except heating. The property features stunning NYC views, low property taxes, low maintenance. Walking distance to the Edgewater Commuter Ferry and bus access to NYC, short drive to GW Bridge and Lincoln Tunnel. Just one block up from River Road, short walk to Whole Foods, and a short drive to the Edgewater Promenade and Edgewater City Place with an array of shopping and various restaurant options. Significant upside potential for increasing rental income. The Fire Escape Certification completed, Fire Alarm Certification updated. The property has a current State Inspection Certificate and Tank certification. The building has been well maintained. 5.3% Projected Cap.
| DAYS ON MARKET | 51 | LAST UPDATED | 4/20/2024 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | 0213 |
| COUNTY | BERGEN | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Apr 20, '24 | $1,899,000 |
|---|---|
| Apr 20, '24 - Today | $1,799,000 |
| ADDITIONAL DETAILS | |
| AREA | 0213 |
|---|---|
| BUYER'S BROKERAGE COMPENSATION | 2%-$250 |
| STORIES | 3 |
| STYLE | 5 Family |
| TAXES | 10047 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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All information deemed reliable but not guaranteed. Last date updated: 5/5/24 3:06 PM PDT Source: New Jersey Multiple Listing, Inc.
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