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$820,000
Est. payment /mo
4 Beds
3 Baths
2,030 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 2,030 sqft
Price per Sqft $403
MLS Listing ID 4008876
Style 3-Three Story
Bedrooms 4
Full Baths 2
Half Baths 2
Year Built 1980
Annual Tax Amount $17,952
Tax Year 2024
Property Description
INVESTMENT OR OWNER-USER OPPORTUNITY! Well-maintained, income-producing mixed-use property featuring two fully leased residential apts upstairs and a turnkey restaurant on the ground floor. The property offers ample on-site parking for both residents and patrons, a major value add. The residential units provide immediate cash flow with one unit leased month-to-month and one unit on a one-year lease, allowing flexibility for future rent adjustments. The restaurant space is fully equipped and ready for operation, soda lines, refrigeration, commercial kitchen, full bar, basement office, and additional storage. ALL EQUIPMENT AND FIXTURES ARE NOT INCLUDED BUT NEGOTIABLE. Located just one mile from William Paterson University, this asset presents strong value-add potential through rent increases and longer-term leases. Liquor license is not included but negotiable. Excellent opportunity won't last!
Location
State NJ
County Passaic
Rooms
Basement Finished
Interior
Heating Gas-Natural
Cooling Wall A/C Unit(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features See Remarks
Garage Spaces 7.0
Utilities Available Gas In Street
Roof Type Asphalt Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story
Others
Senior Community No
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Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY
NEARBY SCHOOL & BUSINESS
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