Kearny, NJ 07032,695-697 Elm ST
Listed by Charles J. Melleno • Realty Executives Exceptional Realtors-Pompton Plains • (973) 886-1763

$905,000

$850,000

6.5%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 07/03/2024

Key Details

Sold Price $905,000

Property Type Commercial

Sub Type Res/Com Mixed

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24002421

Sold Date 07/03/24

Style Res/Com Mixed

Annual Tax Amount $11,010

Property Description

Unlock the potential of this remarkable 2-story solid brick and concrete block building strategically located for both convenience and investment returns. This property presents a lucrative opportunity for investors looking for a versatile and income-generating asset. The building features 3 one-bedroom apartments and two storefronts offer additional revenue streams, ideal for businesses or offices. Each unit is equipped with separate heat, gas, and electric utilities, ensuring efficiency and tenant satisfaction. Five concrete block garages with steel overhead doors provide secure parking and storage options. Conveniently located for commuting to NYC, Manhattan, and Jersey City. Proximity to public transportation adds to the property's appeal. Capitalize on the property's fame by listing it as a potential film location. Previously featured in productions such as "Jersey Boys," "Trial of the Chicago Seven," and "The Plot Against America"

Location

State NJ

County Hudson

Area Kearny

Exterior

Utilities Available Gas, Munincipal Water, Sewer

Roof Type Flat

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New Jersey MLS (NJMLS)

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Carlos "Alex" Jesus

Broker | Lic# 9798051

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