5
See all 5 photos
$1,800,000
Est. payment /mo
0.26 Acres Lot
New
228-236 Springdale Ave East Orange City, NJ 07017
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UPDATED:
03/05/2025 11:44 AM
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3949031
Year Built 1915
Annual Tax Amount $33,354
Tax Year 2024
Lot Size 0.260 Acres
Property Sub-Type Mixed Use
Property Description
An exceptional chance to invest in a high-performing mixed-use property on Springdale Ave, offering both strong cash flow and long-term value appreciation. With a total rental income exceeding $17,000 per month, this well-maintained property provides a diverse mix of 5-commercial ,5-residential units and 5-car parkings space ensuring consistent revenue and stability.Situated in a high-demand area, this asset benefits from excellent visibility, good foot traffic, and proximity to transportation routes, making it an attractive location for businesses and residents alike. The surrounding neighborhood continues to grow, further enhancing its investment potential.With an asking price of $1,800,000, this turnkey property delivers a solid 8% cap rate, making it an exceptional opportunity for investors looking to expand their portfolio with a strong, income-generating asset.
Location
State NJ
County Essex
Zoning COM/RES
Interior
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Exterior
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Utilities Available See Remarks
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Building
Story 2
Sewer See Remarks
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Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY