East Orange City, NJ 07017 228-236 Springdale Ave
$1,760,000



0 more

Presented By: COLDWELL BANKER REALTY; 973-495-6038
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Home Details
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.
Presented By: COLDWELL BANKER REALTY; 973-495-6038
Interior Features for 228-236 Springdale Ave
Bathrooms
Num Units w/Full Bath5
Half Baths
Other Interior Features
Price Per Sq Ft0.00
Available Sq Ft0
Num 3 Bdrm Units3
Num 2 Bdrm Units2
Fuel TypeSee Remarks
Total Stories2
General for 228-236 Springdale Ave
ConstructionSee Remarks
CoolingSee Remarks
CountyEssex
Directionsbetween N Mapple Ave & N 23rd St
Documents AvailableSee Remarks
DriveSee Remarks
EasementUnknown
Equipment AvailableSee Remarks
HeatingSee Remarks
Leasable Area
LocationSee Remarks
Num Apts5
Number Of Units Total10
OwnershipFee Simple
Possession61-90
Property TypeMixed Use, See Remarks
Property TypeMixedUse
RoofSee Remarks
SewerSee Remarks
Standard StatusActive
StatusActive
Tax Annual Amount33354
Tax Assessed Value1061900
Tax Lot1
Tax Year2024
Town #1605
TownshipEast Orange City
UtilitiesSee Remarks
Year Built1915
ZoningCOM/RES
Exterior for 228-236 Springdale Ave
Building Area Total
Exterior DescriptionSee Remarks
Lot Dimensions106X105
Lot Size Acres0.26
Max Ceiling Height0
Max Door Height0
Number of Bays0
Number of Docks0
Water SourceSee Remarks
Additional Details
Price History
