$1,880,000
PENDING $20K PRICE DROP

371 Gorge Rd Cliffside Park, NJ 07010

Estimated payment $12,000/month

Total Views 1,811
10 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Mirjana Lambasa

ROYAL SIGNATURE REALTY LLC License #9587874 Listed on: 10/10/2024

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,401

Lot Details

0

Listing Details

  • Class: 3-4 FAMILY
  • Type: 4 Family
  • Building Style: Brownstone, Multi-Level
  • Lead Paint Form: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: None
  • Total Bathrooms: 6
  • Total Full Baths: 6
  • Total Bedrooms: 10
  • Total Dining Rooms: 6
  • Total Kitchens: 4
  • Total Living Rooms: 6
  • First Floor Bedrooms: 2
  • Floor 1 Dining Rooms: 2
  • First Full Floor Bathrooms: 2
  • Floor 1 Living Rooms: 2
  • Floor 1 Rent: 3,740
  • Second Floor Bedrooms: 4
  • Floor 2 Dining Room: 2
  • Floor 2 Full Bathrooms: 2
  • Floor2 Kitchens: 2
  • Floor 2 Living Rooms: 2
  • Floor 2 Rent: 4,200
  • Third Floor Bedrooms: 4
  • Floor 3 Dining Rooms: 2
  • Floor 3 Full Bathrooms: 2
  • Floor3 Kitchens: 2
  • Floor 3 Living Rooms: 2
  • Floor 3 Rent: 3,805
  • Fl1 Rooms: 6
  • Fl2 Rooms: 10
  • Fl3 Rooms: 10

Exterior Features

  • Exterior Finish: Block

Garage/Parking

  • Parking Available: Other-See Remarks

Utilities

  • Heat Expense: 3746
  • Heating/Cooling: A/C Wall, Baseboard, Gas, Gas on Gas

Fee Information

  • Insurance Expense: 5721
  • Other Expense: 2642
  • Water Sewer Expenses: 2133

Lot Info

  • Geo Address Line: 371 Gorge Rd
  • Geo Primary City: Cliffside Park
  • Geo Quality: 0.95
  • Geo Update Timestamp: 10/10/2024
  • Geo Zoom Level: 16
  • Lot: 00019

Tax Info

  • Year: 2024
  • Taxes: 19401

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: Hudson County MLS

MLS Number: 240019987

Hudson County MLS