232 Stuyvesant Avenue

Lyndhurst, NJ 07071

$995,000
Price
7
Beds
3
Baths
2
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Unique income producing 3 family plus 2 retail unit investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Fully leased building features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91,524 and Yearly Expenses: $23,026. "Bones" have been well maintained and...Unique income producing 3 family plus 2 retail unit investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Fully leased building features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91,524 and Yearly Expenses: $23,026. "Bones" have been well maintained and units have in between tenants. Newer roof, furnaces, and water heater. Tenants pay own electric and gas, landlord pays heat and water. Potential to expand up or out in rear, buyer should do own due diligence with Lyndhurst Twp. Buyer responsible for obtaining C/O and any inspections needed for closing.
  1. Listed by FRANK LAMORTE • LATTIMER REALTY

Property Details for 232 Stuyvesant Avenue

Directions
Stuyvesant between Court & Tontine
Days On Market
36

Location

Listing Courtesy of LATTIMER REALTY, FRANK LAMORTE
Add your commute
LISTING UPDATED: 04/09/2024 11:42 PM

Property Details for 232 Stuyvesant Avenue

StatusActive
MLS #3889733
Days on Market55
Taxes$17,936 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1920
Lot Size0.10 AC / 4,356 SF
CountyBergen County

Location

Listing Courtesy of LATTIMER REALTY, FRANK LAMORTE
Add your commute

Building Information for 232 Stuyvesant Avenue

Stories-Residences3Year Built1920Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$6,925 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$1,495

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 232 Stuyvesant Avenue

Summary
Location and General Information
  • Active Days on Market: 33
  • County #: Bergen
  • Town Name: Lyndhurst Twp.
  • Block Identifier: 66
  • Listing Type: Exclusive Right to Sell
  • Color of Building: BEIGE
  • Town #: 1132.0
  • Street # Display: 232.0
  • # Parking Spaces: 6
  • County Or Parish: Bergen
  • Street Name: Stuyvesant Ave
  • Zip Code: 07071-1731
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $17,936
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 882700.0
  • Tax ID For Property: 1132-00066-0000-00020-0000-
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2023
  • Tax Year: 2023
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 2 Car Width, Driveway-Exclusive, Gravel, Off-Street Parking, On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 20
  • Approximate Lot Size: 25X172
  • Total Acres: 0.1
  • Construction Date/Year Built: 1920
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 647600.0
  • Assessment Land: 235100.0
  • Attorney Review in Progress: *
Utilities
  • Cooling: Wall A/C Unit(s)
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 1 Unit, Radiators - Hot Water
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Flat
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Range/Oven - Gas
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 2.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 1 Rent: 1930.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 1930.0
  • Unit 1 Sq Ft: 900.0
Unit 2 Information
  • Unit 2 Appl/Equip: Range/Oven - Gas
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 2 Rent: 2083.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 2083.0
  • Unit 2 Sq Ft: 900.0
Unit 3 Information
  • Unit 3 Appl/Equip: Range/Oven - Gas
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 1
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Heat, Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
  • Unit 3 Rent: 1608.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 3 Rooms: 3.0
  • Unit 3 Security Deposit: 1608.0
  • Unit 3 Sq Ft: 800.0
Unit 4 Information
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 0
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 1.0
  • Unit 4 Room Description: See Remarks
  • Unit 4 Rooms: 3.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $23,026.00
  • Net Operating Income: $68,498.00
  • Gross Operating Income: $91,524.00

Property History for 232 Stuyvesant Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 232 Stuyvesant Avenue

Taxable ValueLand$235,100Additions$647,600Total$882,700
Tax Record2022$13,881 ($1,157 / month)
Home Facts
Total Finished SqFt3,545 SqFtAbove Grade Finished SqFt3,545 SqFtStories2Lot Size4,299 SqFtStyleMiscellaneous CommercialYear Built1920CountyBERGENAPN32 00066-0000-00020

Schools near 232 Stuyvesant Avenue

This home is within Lyndhurst School District.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 4 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
Jefferson Elementary School
Public3 to 5

Lincoln Elementary School
Public4 to 8

Lyndhurst High School
Public9 to 12

Franklin Elementary School
PublicK to 2

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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232 Stuyvesant Avenue is a multi-family home for sale in Lyndhurst, NJ 07071. This property was listed for sale on March 5, 2024 by LATTIMER REALTY, it's currently listed at $995,000. This listing's school district is Lyndhurst School District. Nearby schools include Jefferson Elementary School, Lincoln Elementary School and Lyndhurst High School. 232 Stuyvesant Avenue is a 7-bed, 4-bath, multi-family home built in 1920.

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 LATTIMER REALTY, FRANK LAMORTE

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/29/2024 08:31 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.