16 State Rt 5, Edgewater, NJ 07020 (MLS # 22011160)

Listed with Marlena Caban, Lifestyle International Realty

Price $2,800,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size n/a
Days on Market 85
Beautiful boutique building for sale in the heart of Edgewater NJ. This newly renovated 3 story building is on the market for the first time. The property consist of 2 high-end rental units both features 3 bedrooms and 2 bathrooms with quartz counter tops, top of the line appliances, central AC with Wi-Fi connections, LG all in one washer & dryer, aluminum fireproof/hurricane proof floor to ceiling black windows which brings in loads of natural lighting and river views. Each tenant pays their own utilities. Retail store below is approximately 1200 sqft previous used as a bakery. This location appeals both commercial and residential renters which allows easy commute to NYC, just steps away from NY waterway and 159 bus. The building is fully occupied and generates a net annual income of $133,000 per year. Perfect for a buy and hold investor!
Property Type(s): Multi Family
Last Updated 4/4/2022 Tract 0213
Year Built 0 Community Edgewater

Additional Details

AREA Edgewater
HOA DUES O/See Rmrks,Water
STYLE Other, Res/Com Mixed
TAXES 12064



Contact us about this Property

We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Brian Morgenweck to contact you even if your name is on a Federal or State "Do not call List".

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Power Realty Group LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Last date updated: 6/28/22 2:32 AM PDT Source: New Jersey Multiple Listing, Inc.

© 2022 New Jersey Multiple Listing Service Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2022.

Email a Friend
200 Club
We Can Move The World

Contact Me Today