22 Prospect Street

Midland Park, NJ 07432

$1,299,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rare find! Multi-use mixed property in sought after Ridgewood Village in prime, convenient, & desirable location with high exposure and great street visibility. Building is fully leased. B1 - Zone permitted use on 1st floor. Dove Spa currently leases the updated storefront with access to an unfinished full basement for storage. Residential apartments on 2nd & 3rd Floor totaling 4 units consisting of two studios and two 1-bedroom apartments. Well maintained and fully leased. Plenty of street parking...Rare find! Multi-use mixed property in sought after Ridgewood Village in prime, convenient, & desirable location with high exposure and great street visibility. Building is fully leased. B1 - Zone permitted use on 1st floor. Dove Spa currently leases the updated storefront with access to an unfinished full basement for storage. Residential apartments on 2nd & 3rd Floor totaling 4 units consisting of two studios and two 1-bedroom apartments. Well maintained and fully leased. Plenty of street parking and located adjacent to the new municipal parking lot. All steps away from the bustling downtown, close to restaurants, train, & retail shops. A perfect blend of commercial and residential space, to allow for today's ultimate lifestyle. Call today!
  1. Listed by Diane Haroutunian • Christie's International Real Estate Group-Ridgewood • (201) 962-9552

Property Details for 22 Prospect Street

Style
Res/Com Mixed
Sub style
Othr/Apt

Location

Listing Courtesy of Christie's International Real Estate Group-Ridgewood, Diane Haroutunian
Add your commute
LISTING UPDATED: 05/22/2024 06:49 PM

Property Details for 22 Prospect Street

StatusActive - Atty Revu
MLS #24015326
Days on Market17
Taxes$19,737 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeMixed Use / Res/Com Mixed
Year Built-
Lot Size-
CountyBergen County

Location

Listing Courtesy of Christie's International Real Estate Group-Ridgewood, Diane Haroutunian
Add your commute

Building Information for 22 Prospect Street

Stories-Residences4Year Built-Lot Size-

Payment Calculator

$8,734 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,089

Property Taxes

$1,645

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 22 Prospect Street

Summary
Location and General Information
  • Area: 0251
  • Area name: Ridgewood
  • Directions: Ridgewood Ave to Prospect
  • Asv total: 709000
  • Street Name: Prospect
  • County Name: BERGEN
  • Status: ACTIVE
  • Street Number Numeric: 22
  • Zip Code: 07450
Taxes and HOA Information
  • Tax: $19,737
Parking
  • Parking Spaces: 0
Property
Lot Information
  • Lot: 00009
  • Year Built: 1900-1939
  • Propertype ro: Gas, Munincipal Water
  • Land sqft: 1655.0
  • Block: 03809
Property and Assessments
  • Land assessment: $164,600
  • Building Assessment: $544,400
  • Photo: Y
  • Photo Number: 2
  • CourtAppYN: Yes
Interior and Exterior Features
Interior Features
  • Number of Units: 4
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Flat
  • Number of Elevator: 0
Multi Family
Multi-Family Information
  • No of studios: 2
  • No of Common units: 1
  • No1 Bedroom units: 2
Income & Expenses Information
  • Gross Income: $110,000.00
  • Net Income: $75,000.00
  • Gross expenses: $32,000.00
Agent
Sale and Listing Information
  • Search Class: MIX
  • List Price: $1,299,000.00
  • Listing Date: 05-16-2024
  • Status Date: 05-22-2024
  • Auction: *
Showing Information
  • Internet Remarks: Rare find! Multi-use mixed property in sought after Ridgewood Village in prime, convenient, & desirable location with high exposure and great street visibility. Building is fully leased. B1 - Zone permitted use on 1st floor. Dove Spa currently leases the updated storefront with access to an unfinished full basement for storage. Residential apartments on 2nd & 3rd Floor totaling 4 units consisting of two studios and two 1-bedroom apartments. Well maintained and fully leased. Plenty of street parking and located adjacent to the new municipal parking lot. All steps away from the bustling downtown, close to restaurants, train, & retail shops. A perfect blend of commercial and residential space, to allow for today's ultimate lifestyle. Call today!
Rental
Rental Information
  • Owner pays: Heat, O/See Rmrks, Water

Property History for 22 Prospect Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 22 Prospect Street

Taxable ValueLand$164,600Additions$544,400Total$709,000
Tax Record2022$19,377 ($1,615 / month)
Home Facts
Stories3Lot Size1,655 SqFtStyleMiscellaneous CommercialYear Built1908ZoningB1CountyBERGENAPN51 03809-0000-00009

Schools near 22 Prospect Street

This home is within Midland Park Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 6
Public - 7 to 12
Private - PK to 3
Rating
School
Distance
Godwin Elementary School
PublicPK to 2

Highland Avenue Elementary School
Public3 to 6

Midland Park High School
Public7 to 12

Eastern Christian Elementary School
PrivatePK to 3

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.

Similar Homes

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22 Prospect Street is a mixed use property for sale in Midland Park, NJ 07432. This property was listed for sale on May 16, 2024 by Christie's International Real Estate Group-Ridgewood, it's currently listed at $1,299,000. It has been on the market for a total of 17 days and was last sold on January 31, 2020. This listing's school district is Midland Park Public School District. Nearby schools include Godwin Elementary School, Highland Avenue Elementary School and Midland Park High School. 22 Prospect Street is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Christie's International Real Estate Group-Ridgewood, Diane Haroutunian

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