2 Railroad Avenue
2 Railroad Avenue
$1,160,000
35
8
2
—
—
—
Sold 4/30/21
Description
Great Investment property & location in Wanaque that features a 3 story brick building consisting of two 4 BRM apartments on the 1st floor. The 2nd & 3rd floors feature 12 bedrooms & 13 bedrooms with 4 common baths, 2 located on the second floor & 2 on the third floor. The bonus is a single family home with 2 bedrooms, Kitchen, living room, bath & basement. This building has its own parking lot. The GOI is $253,320 & the NOI before the Vacancy Factor is $154,909, After the Vacancy Factor of 4+ rooms...Great Investment property & location in Wanaque that features a 3 story brick building consisting of two 4 BRM apartments on the 1st floor. The 2nd & 3rd floors feature 12 bedrooms & 13 bedrooms with 4 common baths, 2 located on the second floor & 2 on the third floor. The bonus is a single family home with 2 bedrooms, Kitchen, living room, bath & basement. This building has its own parking lot. The GOI is $253,320 & the NOI before the Vacancy Factor is $154,909, After the Vacancy Factor of 4+ rooms either being empty or for non payment of rent the NOI is $124,900. The owner has also made many improvements since 2017 including a newer roof on the building. All information and financial numbers supplied in these remarks are reliable but not guaranteed.
- Listed by TIMOTHY L. WALLER • COLDWELL BANKER REALTY
Property Details for 2 Railroad Avenue
Directions
Ringwood Ave to Railroad
Days On Market93
Section/Subdiv/DevelopmentWanaque
Location
LISTING UPDATED: 05/01/2022 03:03 AM
Property Details for 2 Railroad Avenue
Status | Sold |
---|---|
MLS # | 3675809 |
Days on Market | 93 |
Taxes | $22,093 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family |
Year Built | 1906 |
Lot Size | 0.41 AC / 17,859 SF |
County | Passaic County |
Location
Building Information for 2 Railroad Avenue
Stories-Residences4Year Built1906Building Size-Lot Size0.41 AC / 17,859 SF
Payment Calculator
$8,172 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2 Railroad Avenue
Property History for 2 Railroad Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2 Railroad Avenue
Taxable ValueLand$174,800Additions$502,100Total$676,900
Tax Record2022$28,010 ($2,334 / month)
Home Facts
Stories3Lot Size14,140 SqFtStyleMiscellaneous CommercialCountyPASSAICAPN13 00236- 01-00018
Schools near 2 Railroad Avenue
This home is within Lakeland Regional High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Wanaque Elementary School PublicPK to 8 | ||
Lakeland Reg High School Public9 to 12 | ||
Haskell Elementary School PublicPK to 8 | ||
St Francis Of Assisi School PrivatePK to 8 |
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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