$5,250,000
$5,250,000
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29 Baths
SOLD DATE : 08/15/2024
Key Details
Sold Price $5,250,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230020137
Sold Date 08/15/24
Full Baths 29
Annual Tax Amount $74,837
Lot Dimensions 75' x 100'
Property Description
Rare opportunity to own a five story 29-unit brick residential elevator building ideally situated in the heart of idyllic Weehawken, NJ on a beautiful tree-lined street in highly sought-after neighborhood located just one block from Boulevard East promenade and a short commute into midtown Manhattan. Comprised of 18 one- and 11 two-bed/one bath units, some with Manhattan skyline views, residents enjoy easy access to major highways and public transportation including NJ Transit express buses, NY Waterway Ferry, Light Rail, Lincoln Tunnel and I-95 as well as an abundance of local shops, cafes, restaurants, lovely parks, playgrounds and Weehawken Reservoir, and just minutes to bustling Hoboken, Trader Joe’s and Whole Foods. The property is fully occupied and all tenants have leases and pay separately metered electric and cooking gas. Residents can also take advantage of one of the best school districts in Hudson County. Prime investment opportunity offering an ideal addition to an investment portfolio or 1031 exchange.
Location
State NJ
County Hudson
Area Weehawken
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Bought with WEICHERT REALTORS
28 Valley Road Suite 1, Montclair, Jersey, 07042, United States