371 Gorge RD Under Contract

Cliffside Park,NJ 07010

$ 1880000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type 5+Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 24033076

Style 5+Family

Annual Tax Amount $18,586

Property Description

*AAA location* A dramatic, *income-producing 6 FAMILY UNIT* on prestigious Gorge Rd in Cliffside Park. Convenient access to transportation options such as buses, ferries, and light rail; commuting to Manhattan is a breeze. Tenants will appreciate the short travel time to Midtown and Downtown NYC, allowing them to enjoy all the benefits of city living while residing in the tranquil setting of Cliffside Park. *** INVESTOR'S DREAM!!!Meticulously cared for years, hardwood flooring inlays, roof just 10 years old , new energy efficient boiler * 6 Car Parking, and much more. This rare gem has same ownership for the last 40 years. The building is fully occupied and generates a net annual income of (5.8%) per year with potential rent of (6.7%). This beautiful boutique building is an investment opportunity not to be missed on the most desired street of River Road.

Location

State NJ

County Bergen

Area Cliffside Park

Exterior

Utilities Available Munincipal Water

Roof Type Peaked

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