Anthony DiCicco - Coldwell Banker Hearthside
612 Ridge Rd #612
North Arlington Boro, NJ 07031

Description

Free standing commercial building for sale with great potential for conversion to mixed use and/or residential. Many possibilities to have your own business plus live on premises or collect 2 commercial incomes with proper approvals. High traffic area, prime Ridge Road location. 2 floors plus finished basement, approximately 3,000 total square footage on 5,663 square foot lot. Shared driveway easement leading to 3 off street parking spaces in rear of property. Extra deep property 195 ft. 1st fl. current use is hair salon w/approx. 2,200 sq.ft w/bath. 2nd fl. approx. 800 sq.ft. w/bath. Five year old furnace. Two 80 gallon hot water heaters 5 years old. Annual expenses $17,000, Ins. $2,000/yr. Water $800. Market value rent for prime location will yield a 7%+ cap rate.

Details

MLS#3504296
StyleIndustrial
Sub-TypeResale
StatusActive
Year1930
Days On Site50

Features

Story(s)2
Units1
ZoningCommercial

Additional Information

Annual Tax Amount13292
Assesed Tax Valuation461100
Tax ID2.924
Tax Rate2017

Loading Form

Loading Form

Area Information

StateNJ
CountyBergen
CityNorth Arlington Boro
Zip Code07031
AreaBergen
Listing VS Median (in 07031)
Price:
$499,000
low | high
Med:
$378,000
74.248496993988% of Average
On Site:
50
low | high
Med:
52
96.153846153846% of Average
Listing Updated: 11/14/2018
MLS Number: 3504296
Listing Provided By:
MITCHELL JANIS  of  COCCIA REALTY BHGRE