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232 Stuyvesant Ave Lyndhurst, NJ $ 995,000
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$ 995,000 Get more info
232 Stuyvesant Ave
$ 995,000
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Share Save

232 Stuyvesant Ave

Lyndhurst, NJ, 07071
$ 995,000
Baths0.5

Monthly Estimate*

$ 6,613

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Studio

Commercial Property for sale in Lyndhurst, NJ

for $995,000 with 5 half baths. This building was built in 1920 on a lot size of 0.1.

Unique income producing investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Building is mostly leased and features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91,548 and Yearly Expenses: $23,026. "Bones" have been well maintained and units have in between tenants. Newer roof, furnaces, and water heater. Tenants pay own electric and gas, landlord pays heat and water. Potential to expand up or out in rear, buyer should do own due diligence with Lyndhurst Twp. Buyer responsible for obtaining C/O and any inspections needed for closing.

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Commercial Active

Price

$ 995,000

Bedrooms

Studio

Half Bath

5

Property Type

Commercial

Taxes

$ 13,881

Style

OffcApts

Lot Size

0.1

Year Built

1920

Town/City

Lyndhurst

County/Region

Bergen

MLS | Web ID

3889385
Features
General
Sewer Public Sewer
Construction Brick/Block Wood
Heating 1 Unit Radiators - Steam
Cooling Wall A/C Unit(s) Window A/C(s)
Utilities Gas-Natural
Possession IMMED
Roof See Remarks
Zoning B
Garage Spaces 10
Year Built 1920
Tenant Pays Cable T.V. Electric Gas
Township Lyndhurst Twp.
Property Type Mixed Use Office/Apartments Store With Apartment OffcApts
Tax Year 2022
Percent Ownership Fee Simple
Location Business District Freestanding Residential Area
Gross Income 91548
County Bergen
Net Operating Income 68522
Operating Expense 23026
Status Active
Directions Stuyvesant between Court & Tontine
Total Units 5
Street Name Stuyvesant Ave
Tax Annual Amount 13881
Drive 2 Car Width Driveway-Exclusive Gravel Off-Street Parking
Leasable Area 0
Days on Market 71
Standard Status Active
Tax Assessed Value 437600
Town # 1132
Tax Lot 20
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Interior
Basement Full Unfinished
Flooring Tile Vinyl-Linoleum Wood
Fuel Type Gas-Natural
Total Stories 2
Half Baths 5
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Exterior
Lot Features Level Lot
Water Source Public Water
Exterior Description Brick/Block Vinyl Siding
Building Area Total 3545
Lot Dimensions 25X172
Lot Size Acres 0.10
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* Excluded Features
List By
FRANK LAMORTE

Listing Agent

Lattimer Realty

Broker

franklamorteiii@gmail.com

Email

Affordability Calculator

$7,770
Per Month
85%
15%
0%
Monthly Principal & Interest
$6,613
Monthly Property Taxes
$1,157
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/6/2024$995,000 Listed Price

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232 Stuyvesant Ave, Lyndhurst, NJ, 07071 is a Commercial Property for sale at $995,000 with a lot size of 0.1. 232 Stuyvesant Ave is a studio with 0.5 baths and was built in 1920. The property's zip code is 07071 which is in Lyndhurst, NJ

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