MLS# : 24033077
*AAA location* A dramatic, *income-producing 6 FAMILY UNIT* on prestigious Gorge Rd in Cliffside Park. Convenient access to transportation options such as buses, ferries, and light rail; commuting to Manhattan is a breeze. Tenants will appreciate the short travel time to Midtown and Downtown NYC, allowing them to enjoy all the benefits of city living while residing in the tranquil setting of Cliffside Park. *** INVESTOR'S DREAM!!!Meticulously cared for years, hardwood flooring inlays, roof just 10 years old , new energy efficient boiler * 6 Car Parking, and much more. This rare gem has same ownership for the last 40 years. The building is fully occupied and generates a net annual income of (5.8%) per year with potential rent of (6.7%). This beautiful boutique building is an investment opportunity not to be missed on the most desired street of River Road.
Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living
This listing is a courtesy of Royal Signature Realty, LLC
(201) 943-9400 office, listing agent Mirjana Lambasa
Population: | 24,046 |
Total Housing Units: | 10,007 |
Single Family Homes: | 4,675 |
Apartments: | 5,332 |
General Tax Rate (2023): | 2.675% |
Effective Tax Rate (2023): | 1.930% |
Compare To Other Towns |
Average Price* (12mo): | $636,838 |
Apatments Sold* (12mo): | 184 |
Homes : | $520,000 - 2,599,000 | 15 avail |
Condos : | $325,000 - 1,736,170 | 40 avail |
Co-ops : | $2,250 - 429,000 | 7 avail |
Twnhs : | $650,000 - 1,375,000 | 8 avail |
2-4 Fam : | $675,000 - 2,098,000 | 7 avail |
5+ Fam : | $1,880,000 - 1,880,000 | 1 avail |
Land : | $699,000 - 699,000 | 1 avail |
Rentals : | $1,550 - 15,000 | 75 avail |
Mixd Use : | $1,880,000 - 1,880,000 | 1 avail |
Com S : | - | |
Com L : | - | |
Biz : | $25,000 - 495,000 | 7 avail |
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc.
All information deemed reliable but not guaranteed. Last date updated: 10/22/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
Please read the Consumer Information Statement (CIS)