371 Gorge Rd Cliffside Park, NJ 07010
Estimated payment $12,000/month
Highlights
- Brownstone
- Dining Room
- 4-minute walk to Zalewski Park
- Living Room
- Baseboard Heating
About This Home
AAA location on prestigious Gorge Rd in Cliffside Park, a dramatic, income-producing, 6-family. This is an investment opportunity not to be missed on the most desired street of River Road. Convenient access to transportation options such as buses, ferries, and light rail; commuting to Manhattan is a breeze. Tenants will appreciate the short travel time to Midtown and Downtown NYC, allowing them to enjoy all the benefits of city living while residing in the tranquil setting of Cliffside Park. *** INVESTOR'S DREAM!!! *** Meticulously cared for years, hardwood flooring inlays, roof is only 10 years old , new energy efficient boiler, * 6 Car Parking *, and much more. This building has had the same ownership for the last 40 years. The building is fully occupied and generates a net annual income of $140.940(5.8%) per year with potential rent of (6.7%). Beautiful boutique building for sale - investment opportunity, this rare gem is not to be missed on the most desired street off River Road.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,401
Home Design
- Brownstone
Interior Spaces
- Multi-Level Property
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 10 Bedrooms | 2 Main Level Bedrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Heating System Uses Gas
Community Details
- Insurance Expense $5,721
- Water Sewer Expense $2,133
Listing and Financial Details
- Legal Lot and Block 00019 / 00902
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/27/2024 11/27/24 | Sold | $1,850,000 | -1.6% | -- |
10/28/2024 10/28/24 | Pending | -- | -- | -- |
10/12/2024 10/12/24 | For Sale | $1,880,000 | -- | -- |
Source: Hudson County MLS
MLS Number: 240019987

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