55 Liberty Street
Little Ferry, NJ 07643
#24019794
Description
Great income producing investment opportunity for this standalone commercial mix use property located on a busy street in Little Ferry NJ. Lot size is approximately 51x71 with 5+ Parking spots including a secluded fenced off backyard lot. Top level features a 3 Bed 1 Bath spacious layout. Ground level entirety is currently being occupied by a successful hair salon business. Previously the ground level contained a 1 bed 1 bath residential + Retail space. Can be reverted back to 3 bed 1 bath on 2nd floor and 1 bed 1 bath / + Retail space on Ground floor. Property will be delivered vacant. Potential rent roll for 3 bed 1 bath $2,200 + $3000 Retail Space (1,120 sq ft) + Additional 800 sq ft terrace. Net Operating Income: $51,200 /$750,000 = Cap Rate 6.82% Seller currently has mortgage at 3% which is assumable and transferable to potential buyer. Come see this income producing property today!
Construction Details
- StyleRes/Com Mixed
- Property TypePurchase
- SubstyleRtl/Apt
Condition
- Year Built1900-1939
Community and Neighborhood Details
- CountyBERGEN
Financial Details
- Taxes Annual$7,751
Other
- MLS #24019794
Location
Legal
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Keepsake Realty LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 01/09/2023
2023 New Jersey Multiple Listing Service, Inc. All rights reserved.
Last Updated: . Source: NJMLS