5+ Mixed Use For Sale in East Rutherford, NJ
MLS# : 24031710
PROPERTY DETAILS
PROPERTY DESCRIPTION
Mixed Use Building in Prime Location! This property is a two-story mixed-use building within the NC: Neighborhood Commercial zone located directly across from the Rutherford train station. Four retail spaces and four 2 bedroom apartments. Full basement w/mechanicals & storage. Small outdoor area in the rear of the property. Strengths of this investment are proximity to train station, the upside potential in rent, and exposure and visibility from Park Avenue and the train. Low taxes. Please note, this sale is for the real estate only and does not include any of the current businesses. Additional details and financials available upon request.
Amenities
This listing is a courtesy of ERA/Justin Realty Co.
(201) 939-7500 office, listing agent Jennifer Darby Metzger
About East Rutherford, NJ Real Estate Market
The borough's formation had started in 1889 when a portion of the old Union Township was taken from the Boiling Springs Township, which was then renamed East Rutherford during the Boroughitis phenomenon, which took place in the Bergen County in 1894. With the formation of East Rutherford, the Boiling Springs Township has dissolved altogether.
While East Rutherford has New Jersey real estate of all forms, ranging from usual to luxury homes, the town is home to several sports teams and stadiums for them. The biggest sports arena in East Rutherford is Meadowlands Sports Complex, which includes Meadowlands Arena and MetLife Stadium. East Rutherford is the smallest town in the USA to host a Super Bowl event. East Rutherford is home to five professional sports teams, despite having a population of just 10,000 residents. Apart from major sports complexes, East Rutherford is also home to the American Dream, one of the largest shopping centres and entertainment complexes in New Jersey real estate.
| Population: | 8,913 |
| Total Housing Units: | 4,018 |
| Single Family Homes: | 1,953 |
| General Tax Rate (2023): | 1.623% |
| Effective Tax Rate (2023): | 1.516% |
| Compare To Other Towns |
East Rutherford Market Indicators
PRICE INDEX
| Average Price* (12mo): | $665,932 |
| Homes Sold* (12mo): | 16 |
SINGLE FAMILY HOME SALES
East Rutherford, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 1.623% |
| Effective Tax Rate (2023): | 1.516% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
