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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 7.03 %
Zoning C-R

53 Transit Score

89 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

Offering Memorandum

Cap Rate:

7.03 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Clifton (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit))	3 min	-	1.4 mi
Passaic (Main/Port Jervis Line - NJ Transit Commuter Rail (NJ Transit))	4 min	-	1.7 mi
Airport	Drive	Walk	Distance
Newark Liberty International	22 min	-	16.3 mi
LaGuardia	40 min	-	25.2 mi
John F Kennedy International	52 min	-	36.2 mi

Parking Details

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

Bruce Elia 201-917-5884 KW Commercial Fort Lee

962 Main Ave Passaic, NJ 07055