$1,300,000
$1,350,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
3 Baths
SOLD DATE : 03/21/2025
Key Details
Sold Price $1,300,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230019102
Sold Date 03/21/25
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Fees $2/mo
Property Sub-Type 3 Family
Property Description
Rare multi-use property in sought after Borough of Edgewater. This exceptional mixed-use property presents a unique opportunity to acquire a well-maintained building with diverse revenue streams. Nestled in the vibrant Borough of Edgewater, New Jersey, this property boasts a Restaurant on the ground floor, generating a steady income flow. The second floor features two recently updated two-bedroom apartments, each offering the potential for further revenue growth or potential conversion into condominiums (Buyer to confirm with the City of Edgewater). Benefit from the convenience of having all utilities paid by tenants, ensuring a hassle-free ownership experience. The property's prime location places it within walking distance of a plethora of amenities, including NYC bus and ferry stops, a diverse selection of restaurants and shops (Whole Foods, Trader Joes, Target, Bed Bath & Beyond, Acme, Starbucks, Outback Steakhouse, Brownstone, Flemings, and more), making it an ideal destination for residents and business patrons alike. Whether you're seeking a lucrative investment opportunity or a desirable place to relocate, this mixed-use property offers the perfect blend of income potential, convenience, and lifestyle appeal. Don't miss out on this exceptional opportunity to own a piece of Edgewater's thriving community.
Location
State NJ
County Bergen
Area Edgewater
Rooms
Basement Unfinished
Interior
Heating A/C Central
Cooling A/C Central
Exterior
Exterior Feature Brick
Parking Features None
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Bought with DOUGLAS ELLIMAN OF NJ LLC