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Listed by Wilfredo Alfaro Coldwell Banker, Upper Montclair
$ 899,000
Est. payment | /mo
$ 899,000
Est. payment | /mo
Open House
Sat Jul 18, 12:00pm - 2:00pm
Sun Jul 19, 11:00am - 1:00pm
Key Details
Property Type Multi-Family, Commercial
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26026344
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
Property Description
Mixed-use 4-unit investment property in Clifton's sought-after Athenia section. Three residential apartments plus one ground-floor commercial storefront generating $4,850/month gross income ($58,200 annually). All utilities are separately metered — tenants pay their own gas and electric. Unit breakdown: 1st Fl Front (Commercial): Operating storefront/print shop with half bath. Suitable for retail, professional services, or owner-user occupancy. $1,150/month. 1st Fl Rear (Residential): 1BR, living room, eat-in kitchen, full bath. Electric baseboard heat, wall AC, electric cooking. $850/month. 2nd Fl Front (Residential): 1BR, living room, eat-in kitchen, full bath. Baseboard hot water heat, window AC. $1,150/month. 2nd Fl Rear (Residential): 2BR plus loft, living room, dining room, eat-in kitchen, 2 full baths, in-unit washer/dryer. Baseboard hot water heat, wall AC. $1,700/month. Three units have individual gas hot water furnaces; 1st floor rear is all-electric. Roof replaced 2015. Located on Van Houten Avenue with shops, restaurants, and transit nearby. Quick access to Route 3, Route 46, Garden State Parkway, and NJ Transit bus and rail service. Approximately 15 miles to Manhattan.
Location
State NJ
County Passaic
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