$250,000

Estimated payment $1,678/month

Total Views 20,483
-- Bed
4 Baths
1,744 Sq Ft
$143 Price per Sq Ft

Highlights

  • Corner Lot
  • High Ceiling
  • Forced Air Heating and Cooling System

About This Home

Prime Corner Lot Brick Commercial Building with Endless Possibilities. Unlock the potential of this well-positioned, all-brick commercial property located on a prominent corner lot. With excellent street visibility and accessibility, this versatile space offers a unique opportunity for investors, developers, or entrepreneurs seeking a multi-use location.Currently zoned R3, this property allows for the potential to build an extension or explore various redevelopment options (buyers to verify with city zoning). The existing structure is ideal for a wide range of uses, including a laundromat, restaurant, hair or beauty salon, daycare center, or community-based services.The building offers solid construction, a flexible layout, and ample room to tailor the interior to suit specific operational needs. Whether you?re looking to launch a new business or expand an existing one, this property delivers unmatched flexibility in a high-traffic, high-visibility location.Don?t miss out on this rare opportunity to own a corner commercial asset in a growing area. The possibilities truly are endless.

Listing Agent

TYASIA PARKS

KELLER WILLIAMS MID-TOWN DIRECT Brokerage Phone: 9739547628 Listed on: 05/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,278

Year Built

  • Built in 1930

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 4 Bathrooms
  • High Ceiling
  • Unfinished Basement
  • Walk-Out Basement

Schools

  • Madison Elementary School
  • Central Middle School
  • Weequahic High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Community Details

  • 1,744 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 1614-02647-0000-00035-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,278

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1930
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Madison ave to 15th Street
  • I D: 5361528
  • Attribution Contact: 9739547628
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Ceilings, Tile Floors
  • Total Number of Half Bathrooms: 4
  • Basement: Yes
  • Basement Description: Unfinished, Walkout

Exterior Features

  • Exterior Description: Brick
  • Roof Description: Flat

Garage/Parking

  • Garage Description: On-Street Parking
  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: WEEQUAHIC
  • Middle Jr High School: CENTRAL

Lot Info

  • Lot Size: 17.6X86.10
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.03
  • Zoning: r3

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4278
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-02647-0000-00035-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

MLS Schools

  • Grade School: MADISON

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,168 $112,500 $8,400 $104,100
2024 $4,168 $112,500 $8,400 $104,100
2022 -- $111,800 $7,700 $104,100
2021 $0 $111,800 $7,700 $104,100
2020 $0 $111,800 $7,700 $104,100
2019 $0 $111,800 $7,700 $104,100
2018 $0 $111,800 $7,700 $104,100
2017 $0 $111,800 $7,700 $104,100
2016 $0 $111,800 $7,700 $104,100
2015 -- $111,800 $7,700 $104,100
2014 -- $111,800 $7,700 $104,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 For Sale $250,000 -- $143 / Sq Ft
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $90,000 Accura Title
Quit Claim Deed -- --
Bargain Sale Deed $150,000 Manchseter Title Agency
Bargain Sale Deed $10,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Source: Public Records

Source: Garden State MLS

MLS Number: 3966256

Garden State MLS

APN: 14-02647-0000-00035