1035 Us Highway 46 Active

Clifton City,NJ 07013

$ 700000

- Bed

- Bath

3098 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 3,098 sqft

Price per Sqft $225

Subdivision Notchview

MLS Listing ID 3937578

Year Built 1986

Annual Tax Amount $16,046

Tax Year 2023

Property Description

Acquisition cap rate of 10% using projected rental income of $29/psf. Constructed in 1986 with all modern concepts. Current owner has done 150K+ improvements. Smart lighting can save big on bill. Central business area. Easy access to all highways. High visibility. Some office furniture can be negotiated. 3 Conference rooms, 2 Bathrooms, 5 offices, Filing room with kitchen, Tech & Printing room and Storage room. Perfect space for doctors, attorneys, accountants, title companies and other professional uses. Easy access from Highway 46 East, high visibility, over 50,000 vehicles per day. The unit is part of Notchview Office Park, 3-star office condo, Class B Office Buildings. Central business location! This is prime urban highway location, close to all highways and NYC. Newark International Airport 15 minutes away, NYC 20 minutes away Building has elevator. The unit is almost 3,100 sf, 2 1/3 units combined into one. $150k worth of upgrades.

Location

State NJ

County Passaic

Zoning Retail

Interior

Heating Electric

Cooling 1 Unit, Central Air

Flooring Carpeting, Laminate

Equipment Fire Alarm, Fixtures, Furniture, Kitchen Area, Passenger Elevator(s), Security System

Heat Source Electric

Exterior

Exterior Feature Concrete

Utilities Available All Underground

Roof Type Flat

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Condominium

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