237 Haledon Avenue
237 Haledon Avenue
$650,000
—
—
—
—
Sold 1/13/23
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.
- Listed by Jonathan Corbiscello • Keller Williams City Views Realty • (201) 592-8900
- Listed by Shpresa Lita • Keller Williams City Views Realty
Property Details for 237 Haledon Avenue
Style
Res/Com Mixed
Sub styleOther
Location
LISTING UPDATED: 01/15/2023 12:07 PM
Property Details for 237 Haledon Avenue
Status | Sold |
---|---|
MLS # | 22018696 |
Days on Market | 105 |
Taxes | $16,674 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Mixed Use / Res/Com Mixed |
Year Built | - |
Lot Size | - |
County | Passaic County |
Location
Building Information for 237 Haledon Avenue
Stories2Residences2Year Built-Lot Size-
Payment Calculator
$4,937 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 237 Haledon Avenue
Property History for 237 Haledon Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
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 Record2022$17,136 ($1,428 / 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 6 | |||
Private - | PK to 3 |
Rating | School | Distance |
---|---|---|
Haledon Public School PublicPK to 8 | ||
Manchester Reg High School Public9 to 12 | ||
Al- Hikmah Elementary School PrivatePK to 6 | ||
Gilmore Memorial Chris Acd 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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.