NJ > Greenwich Twp.
Greenwich Twp., NJ 08886,825 Rt 57
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Greenwich Twp., NJ 08886,825 Rt 57
Greenwich Twp., NJ 08886,825 Rt 57
Greenwich Twp., NJ 08886,825 Rt 57
Greenwich Twp., NJ 08886,825 Rt 57
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Patric Santo Pietro

Patric Santo Pietro

+1(732) 570-5442
$ 1,199,895
Est. payment /mo
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Active

825 Rt 57 Greenwich Twp., NJ 08886

4,403 SqFt

UPDATED:

07/11/2024 08:20 PM

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,403 sqft

Price per Sqft $272

MLS Listing ID 3912147

Annual Tax Amount $20,921

Tax Year 2023

Lot Size 1.000 Acres

Property Description

This very unique Mixed-Use property was acquired by its current Owner's over a period of 8 years and who purchased these as three separate parcels that create the sum of the whole, that is now being offered for sale as a complete package. Located on highly visible Route 57 is where you will find the first of these three parcels that consists of a Building with Retail space on the first floor, 3 Bedroom Apartment above and a parking lot that also services the 5 Unit Motel. The second and third parcels share an access Easement along the left side that leads to the two Single Family Homes with the one located to the rear left featuring 2 Bedrooms, full Bath and a basement, while the one to the rear right features 4 Bedrooms, full Bath and 2 car Garage. Seller's represent receiving Gross. Income of $99,600.00, Annual Expenses of $37,728.00, resulting in Net Operating Income of $61,872.00 and a Capitalization Rate of 5.1% at the current asking price.

Location

State NJ

County Warren

Zoning Commerical

Interior

Cooling 1 Unit, Built-In, Central Air

Equipment See Remarks

Exterior

Exterior Feature Brick/Block

Utilities Available See Remarks

Roof Type Asphalt Shingle, Flat

Parking Type Blacktop

Building

Story 2

Sewer Septic

Water Well

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by DIANE TURTON REALTORS

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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825 Rt 57

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