Vernon, NJ 07462,527 Route 515
Vernon, NJ 07462,527 Route 515
Vernon, NJ 07462,527 Route 515
Vernon, NJ 07462,527 Route 515
Vernon, NJ 07462,527 Route 515
Vernon, NJ 07462,527 Route 515
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Listed by Christopher F. Varela • Realty Empire, LLC • (973) 510-2260
Bought with Mark Minadeo • RE/MAX Country Realty

$1,025,000

$1,099,000

6.7%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 09/20/2024

Key Details

Sold Price $1,025,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24023654

Sold Date 09/20/24

Style Office

Annual Tax Amount $12,000

Property Description

4 unit mixed- use positive cash flowing property located in the town center of beautiful Vernon just a few miles down the road from Minerals & the Crystal Springs Resort. 2 Apartments and 2 commercial offices completely renovated inside out with brand new everything. Great investment opportunity with a healthy rent roll. Live in one of the two residential apartments or bring your business into one of the two commercial spaces. Or park your money and collect a great return. The two offices can be converted into residential apartments if you choose.. So many new developments happening in Vernon giving it a bright future for investment opportunities, especially with the new news of the old Play Boy club recently being bought out to be transformed into a hotel resort with a "world-class spa and concert venue according to NJ.com.

Location

State NJ

County Sussex

Area Vernon

Interior

Heating Central Air, Gas, Hot Air

Exterior

Utilities Available Sep Elec, Sep Gas

Waterfront Description None

Building

Architectural Style Profsnl

Others

Ownership Private

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New Jersey (NJMLS Include SOLD)
Steven Betancurth

Team Leader | License ID: 1539846

+1(201) 834-7475 | steven@bregroupnj.com

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