$735,000 541 70th St Guttenberg, NJ

MLS: 190000118   Type: Investment   County: Hudson   City: Guttenberg   Zip: 07093     Stories: 2   Taxes: $14,930

Mortgage $3,451 /mo



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Brick corner building for sale right off JFK BLVD! Duplex commercial space (currently vacant) is 2100sqft on elevated 1st floor / 1500sqft elevated basement area. Perfect for professional office usage, retail or a light fare food concept. Partial 12+foot ceilings in common area & cordoned off smaller rooms on main level. 2 bathrooms upstairs, 1 down. 3 sep. access points. Central a/c upstairs. 2nd Floor has 2 larger apartments (one 2 br, one 3 br.). Apartment leases are month-to-month & tenants are aware of sale. Diagonal lots have approved plans for new const. mix-use building! Potential for a 11-12% cap rate when property is fully occupied at market value! Do not miss your opportunity to be a part of this rapidly transitioning neighborhood, whether your plan is to further renovate and hold, or eventually demo and build!

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Price History

1/3/2019 Listed $755,000
3/11/2019 3% - $735,000

Listing Area Guttenberg
Listing Status Active
Stories 2
Taxes 14930
Type Investment

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Fuel Gas

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Lot Dimensions 29.20X75

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Property vs Zip Code Avg (07093)

Price 735K Avg 1.14M

Taxes $14,930 Avg $12,075

Visits 23 Avg 19

Days on Site 78 Avg 123

Walkscore® 94 Avg 96

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: KELLER WILLIAMS CITY LIFE JC REALTY - 201-433-1111

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Location & Address

Pure Properties
200 Hudson St. Suite 1000
Jersey City, NJ