Fairfield Twp., NJ 07004 24 Little Falls Rd
$1,500,000



23 more
























Presented By: RE/MAX SELECT; 973-575-6005
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Home Details
Prime Commercial Property- Prime commercial real estate property located in the heart of Fairfield.- Features a shopping strip with five distinct units suitable for various businesses.- Offers ample parking, attracting a steady flow of customers.- Strategically located near major routes RT 48 and 80 for high visibility and easy access.- Low rent that has remained unchanged for the past seven years.- Opportunity for the new owner to increase the rent by 10% to 15% with a new triple net lease agreement.- All units are currently occupied, demonstrating sustained demand.- Tenants are responsible for their own utilities, reducing the owner's operational costs.- Presents a lucrative investment opportunity with immediate returns and promising future growth.This prime property is a commercial real estate gem located in the bustling heart of Fairfield. It features a shopping strip with five distinct units, each boasting its own unique potential for various retail or service-based businesses. ------------------------------------
Presented By: RE/MAX SELECT; 973-575-6005
Interior Features for 24 Little Falls Rd
Bathrooms
Half Baths5
Other Interior Features
Price Per Sq Ft350.00
Available Sq Ft4584
BasementPartial
FlooringLaminate
Fuel TypeGas-Natural
Total Stories1
General for 24 Little Falls Rd
ConstructionFormed Concrete
CoolingCentral Air, See Remarks
CountyEssex
DirectionsRt 46 to Fairfield Rd to Little Falls Rd
Documents AvailableSee Remarks
DriveBlacktop
EasementUnknown
Equipment AvailableFire Alarm, Restrooms - Private, Sign - Building, Sign - Freestanding, Smoke Detector
Farm AssessmentNo
Garage Spaces23
HeatingBaseboard - Hotwater
Leasable Area4584
Lease IncludesBuilding Insurance, Building Maintenance
Lease InformationOptions Available
LocationBusiness District
Number Of Units Total5
OwnerPaysHot Water, Maintenance-Common Area, Snow Removal
OwnershipFee Simple
PossessionAt closing
Property TypeRetail Complex
Property TypeRetail Complex
RoofFlat
ServicesCable TV Available
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount15779
Tax Assessed Value768600
Tax Lot25
Tax Year2024
Tenant PaysElectric, Heat, Trash Removal
Town #1607
TownshipFairfield Twp.
UtilitiesAll Underground
Utilities Paid ByTenant
Year Built1979
ZoningCommercial
Exterior for 24 Little Falls Rd
Building Area Total4584
Exterior DescriptionBrick/Block, Concrete
Lot Dimensions140X206
Lot FeaturesLevel Lot
Lot Size Acres0.66
Max Ceiling Height9
Max Door Height7
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
