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182 Summit Ave JC Journal Square, NJ 07304
$2,499,000
  • For Sale
  • 6 Full Baths
  • 1 Half Bath
  • Multi Family
  • ML# 240007275

Property Details

Overview

**Income-Producing Multi-Family Opportunity with Development Potential** Located on bustling Summit Avenue, this versatile property offers an incredible investment opportunity. Currently configured as an income-producing multi-family with split utilities, the property features bounce units ideal for owner-occupants or the potential to tear down and develop into condos. **Prime Location** Situated near transportation hubs, restaurants, parks, and all the amenities Summit Avenue has to offer, this property is in the heart of the action. **Parking and Garage** The property boasts ample parking with 5 spots in the front and a convenient 2-car detached garage in the back, providing added convenience and value. **Under Market Rent** Currently collecting under market rent, there is potential to increase income immediately. **Development Potential** With its flexible layout and development-friendly location, this property presents a rare chance to capitalize on the booming real estate market in the area.

Key Facts

  • Style: Multi-Level
  • Lot Size: 32.85X176.92
  • Taxes: $14,660
  • Type Sale: For Sale
  • Block: 15302
  • Lot: 14

Additional Features

  • Garage: Yes
  • Parking Spaces: Yes
  • Parking Facilities: 2 Cars, 3+ Cars, Garage

Rooms & Floor Plans

  • Dining Room: 4
  • Full Bath: 6
  • Half Bath: 1
  • Kitchen: 4
  • Living Room: 4

Interior & Utilities

  • A/C: A/C Window

Financial

  • Taxes: $14,660
  1. Presented by

    Liberty Realty
    • Liberty Realty
    • Broker Associate
    • 201-222-2900
    • 201-610-1010

Tell Me More About This Property

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Listing Information provided courtesy of COLDWELL BANKER REALTY. Call at 201-212-5026