Skip To Content

106 Prospect St

South Orange Village Twp., NJ 07079
  • $1,500,000
  • STATUS: Active Under Contract
  • ON SITE: 27 Days
  • MLS #: 3806628
Under Contract
UPDATED: 64 min ago
$1,500,000
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,825
    SQFT
  • $392
    $/SQFT
Type:
Commercial
Built:
2018
County:

School Ratings & Info

Description

Mixed-use - with recently renovated apartments, prime location with high visibility. This property is uniquely situated minutes from South Orange business area among other residential homes. 1 office: long term Dentist, 1 bedroom apartment on the 1st level and updated 3 bedroom apartment on the second. Note all have private entrances. Assigned parking for apartments and office with 19 additional spots available, Great income producing property with possibility of subdivision. Updated rents on 3 leases-1at floor $1800, Dentist on 1st floor $ 3200., 2nd floor $3900.

Monthly Payment Calculator



Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-07T16:47:12.46.
www.gardenstatehomesearcher.com/homes/132972233
Print Image

106 Prospect St South Orange Village Twp., NJ 07079

  • Price: $1,500,000
  • Status: Active Under Contract
  • On Site: 27 Days
  • Updated: 64 min ago
  • MLS #: 3806628
0
Beds
0
Baths
0
½ Baths
0.27
Acres
3,825
SQFT
$392
$/SQFT
2018
Built
County:
Essex
Area:
South Orange Village Twp.
Property Description
Mixed-use - with recently renovated apartments, prime location with high visibility. This property is uniquely situated minutes from South Orange business area among other residential homes. 1 office: long term Dentist, 1 bedroom apartment on the 1st level and updated 3 bedroom apartment on the second. Note all have private entrances. Assigned parking for apartments and office with 19 additional spots available, Great income producing property with possibility of subdivision. Updated rents on 3 leases-1at floor $1800, Dentist on 1st floor $ 3200., 2nd floor $3900.
Exterior Features

Approximate Lot Size .274 AC Construction Brick/BlockWood Exterior Description Brick/BlockConcrete Location Business DistrictResidential Area Lot Description Irregular LotPossible Subdivision Number Of Bays 0 Number Of Docks 0 Parking Driveway Description AssignedBlacktopOn-Street ParkingParking Lot-Shared Roof Description FlatRubberized

Interior Features

Basement Yes Basement Description Bilco-Style DoorStorageUnfinished Cooling Ductless Split Ac Equipment Available AppliancesFire AlarmStorage Area(S) Floors LaminateWood Heating Baseboard - HotwaterForced Hot Air Max Ceiling Height 0 Max Door Height 0 Number Of Doors 0 Number Of Lavatories 4 Office Sq Ft 1900

Property Features

Available See Remarks Expenses Include Snow RemovalTrashWater/Sewer For Sale Or Lease For Sale Free Rent No Fuel Type ElectricGas-Natural Gross Operating Income 109000 Net Operating Income 85850 Owner Pays SewerSnow RemovalTrash RemovalWater Permitted Use Mixed Use Primary Property Type Mixeduse Prior Use Mixed Use Property Type Mixed UseOffice/Apartments Sale Includes Building & Land Sewer Public Sewer Suite Number 106 Tax Amount 12195 Tax Rate Amount 3.385 Tax Rate Year 2021 Tax Year 2021 Tenant Pays ElectricGasHeatHot Water Total Operating Expense 23230 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Renovated Zoning R-C1

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Coldwell Banker Realty: [IDXCONTACTINFORMATION].


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-10-07T16:47:12.46.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3806628-2.jpg
Logo
The Dekanski Home Selling Team :: RE/MAX 1st Advantage
170 Inman Avenue
Colonia NJ, 07067