237 Haledon Ave

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Description

Investment or Owner User. This income producing property consists of two rented apartments upstairs and a vacant turnkey bar with liquor license on the ground floor. The property has parking for both tenants and patrons. The asking price includes the class C liquor license. MTM residential tenants immediate cash flow and present a value add opportunity to increase rents with modest improvements and longer lease terms. For investors, the pro forma rent on the ground floor is $22- 25psf psf NNN. This...Investment or Owner User. This income producing property consists of two rented apartments upstairs and a vacant turnkey bar with liquor license on the ground floor. The property has parking for both tenants and patrons. The asking price includes the class C liquor license. MTM residential tenants immediate cash flow and present a value add opportunity to increase rents with modest improvements and longer lease terms. For investors, the pro forma rent on the ground floor is $22- 25psf psf NNN. This site is located 1 mile from William Paterson University which has over 9,000 registered students. The ground floor bar is turnkey with all beer/ soda lines in place, refrigeration, kitchen, and bar in addition to a basement office and storage area. Terra Cotta roof and brick interior are consistent with a tapas style restaurant/ bar. 7% cap rate in year 2 based on pro forma rents.
  1. Listed by Jonathan Corbiscello • Keller Williams City Views Realty
    P: (973)-420-9029 jcorbiscello@kw.com
  2. Listed by Shpresa Lita
    P: (201)-657-9977 slita@kw.com

Property Details for 237 Haledon Avenue

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Other
LISTING UPDATED: 01/12/2025 04:53 PM

Property Details for 237 Haledon Avenue

StatusSold - Sold
MLS #22018696
Days on Market232
Taxes$16,674 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS Type5+ Mixed Use
Year Built-
Lot Size-
CountyPassaic County

Location

Listing Courtesy of Keller Williams City Views Realty, Jonathan Corbiscello

Sold By Outside Office, Outside Agent

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Payment Calculator

$4,663 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,273

Property Taxes

$1,390

HOA Dues

$0

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Property Information for 237 Haledon Avenue

Summary
Location and General Information
  • Area name: Haledon
  • Street Name: Haledon
  • County Name: PASSAIC
  • Status: Closed
  • Street Number Numeric: 237
  • Zip Code: 07508
Taxes and HOA Information
  • Other Charges: True
  • Tax: $16,674
Property
Lot Information
  • Year Built: 1980's
  • Propertype ro: O/See Rmrks
Property and Assessments
  • Photo Number: 14
Interior and Exterior Features
Interior Features
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Asphalt
Agent
Sale and Listing Information
  • Management Phone: (973) 420-9029
  • Search Class: MIX, 5+ Mixed Use
  • List Price: $689,000.00
  • Listing Date: 05-24-2022
  • Pending Date: 09-06-2022
  • Close Date: 01-13-2023
  • Status Date: 01-12-2023
  • Sale Price: $650,000
Showing Information
  • Internet Remarks: Investment or Owner User. This income producing property consists of two rented apartments upstairs and a vacant turnkey bar with liquor license on the ground floor. The property has parking for both tenants and patrons. The asking price includes the class C liquor license. MTM residential tenants immediate cash flow and present a value add opportunity to increase rents with modest improvements and longer lease terms. For investors, the pro forma rent on the ground floor is $22- 25psf psf NNN. This site is located 1 mile from William Paterson University which has over 9,000 registered students. The ground floor bar is turnkey with all beer/ soda lines in place, refrigeration, kitchen, and bar in addition to a basement office and storage area. Terra Cotta roof and brick interior are consistent with a tapas style restaurant/ bar. 7% cap rate in year 2 based on pro forma rents.
Rental
Rental Information
  • Owner pays: Common Area, Snow, Water

Property History for 237 Haledon Avenue

DateEvent & SourcePriceAppreciation
Apr 27, 2026

Under Contract

GSMLS #4008876

Feb 6, 2026

Listed (Active)

GSMLS #4008876

$820,000
Feb 5, 2026

Temporarily Off Market

GSMLS #3985884

DateEvent & SourcePrice
04/27/2026

Under Contract

GSMLS #4008876

02/06/2026

Listed (Active)

GSMLS #4008876

$820,000
02/05/2026

Temporarily Off Market

GSMLS #3985884

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 237 Haledon Avenue

Taxable ValueLand$50,400Additions$289,600Total$340,000
Tax Record2024$17,952 ($1,496 / month)
Home Facts
Lot Size4,182 SqFtStyleMiscellaneous CommercialCountyPASSAICAPN03 00105-0000-00017

Schools near 237 Haledon Avenue

This home is within Passaic County Manchester Regional High School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 8
Private - PK to 6
Rating
School
Distance
Haledon Public School
PublicPK to 8

Manchester Regional High School
Public9 to 12

St. Mary School
PrivatePK to 8

Al- Hikmah Elementary School
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams City Views Realty, Jonathan Corbiscello

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