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    1277 Paterson Plank Rd

    Secaucus, NJ 07094
    • $1,277,000
    • STATUS: Active
    • ON SITE: 204 days
    • MLS #: 202026832
    UPDATED: 22 min ago
    $1,277,000
    • 0
      BEDS
    • N/A
      ACRES
    • 4
      BATHS
    • 2
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Area:

    School Ratings & Info

    Description

    EXCELLENT investment property. High visibility location. 100% occupied. Restaurant is on the first floor and about 2325 sq ft and full unfinished basement is about 1300 sq ft for additional storage. 3 Bedroom / 2 Bath apartment is on the 2nd floor and 1500 sqft. All separated utilities. Restaurant is newly renovated and has a 5+5 years lease. Apartment has been rented since 02/2018 to a same tenant and renewed in 2020 for 2 more years. Well maintained property with Brand New Electric, Plumbing and Central AC System. Total gross income is $93,600. More than 6% cap rate. Don't Miss it !!

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    © 2021 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Trompeter Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than The Trompeter Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-06-14T10:25:50.067.
    www.thetrompetergroup.com/homes/112115016
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    1277 Paterson Plank Rd Secaucus, NJ 07094

    • Price: $1,277,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 202026832
    0
    Beds
    4
    Baths
    2
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Secaucus
    Area:
    Secaucus
    Property Description
    EXCELLENT investment property. High visibility location. 100% occupied. Restaurant is on the first floor and about 2325 sq ft and full unfinished basement is about 1300 sq ft for additional storage. 3 Bedroom / 2 Bath apartment is on the 2nd floor and 1500 sqft. All separated utilities. Restaurant is newly renovated and has a 5+5 years lease. Apartment has been rented since 02/2018 to a same tenant and renewed in 2020 for 2 more years. Well maintained property with Brand New Electric, Plumbing and Central AC System. Total gross income is $93,600. More than 6% cap rate. Don't Miss it !!
    Exterior Features

    Covered Parking No Lot Size 2326 Number Parking Spaces Meter Park Stories 2

    Interior Features

    Three Bedrooms 1

    Property Features

    Approximate Building Age 110 Commercial Type Investment Easements No Flood None Free Standing No Fuel Gas Green Card No Gross Income 96300 Handicap Access No Internet Yes Lead Paint Form Yes Mixed Use Yes Rent Control No Taxes 12684

    Listing provided courtesy of Realty One Group Legend:973-772-0660.


    © 2021 Hudson County Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Trompeter Group. The data relating to real estate for sale or lease on this web site comes in part from HCMLS. Real estate listings held by brokerage firms other than The Trompeter Group are marked with the HCMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2021-06-14T10:25:50.067.
     
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    The Trompeter Group
    355 Varick Street
    Jersey City NJ, 07302