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962 Main Ave
Passaic, NJ 07055

$1,600,000 USD

Apartments For Sale  •  8,600 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,600 SF
  • Lot Size 0.07 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 6.80 %
  • Zoning C-R
60 Transit Score
90 Walk Score

Highlights

Mixed-Use Property featuring 5 Residential Units and 1 Commercial Space
Three Stories with Strong Income Potential
Triple Net Lease Structure
3 On-Site Parking Spaces
Side-Building Banner Advertising Opportunity for Additional Revenue

Property Flyers

Cap Rate: 6.80 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Dishwasher
  • Microwave
  • Storage Space
  • Tenant Controlled HVAC
  • Washer/Dryer Hookup
  • Refrigerator
  • Oven
  • Carpet
  • Pantry
  • Smoke Free
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Clifton (Main/Bergen County Line - NJ TRANSIT RAIL, Port Jervis Line - NJ TRANSIT RAIL) 3 min - 1.5 mi
Passaic (Main/Bergen County Line - NJ TRANSIT RAIL, Port Jervis Line - NJ TRANSIT RAIL) 3 min - 1.7 mi
AirportDriveWalkDistance
Newark Liberty International 20 min - 16.3 mi
LaGuardia 37 min - 25.2 mi
John F Kennedy International 48 min - 36.2 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 3
Type: Reserved
Included in Rent: No
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