Description
PRIME LOCATION at the high visibility entrance to eastern Morris County. Former location of real estate office. This property is uniquely situated off Rt. 24, at the border of Essex and Union Counties near the Short Hills Mall, and a short drive to Newark Airport. Located in the B-5 office district, the subject is currently a mixed use consisting of 9 units: 5 residential apartments in one building that is separated by breezeway to a building containing 4 commercial rental units. All current tenants are on month to month leases, and vacant units have not been re-rented in order to give a new buyer total flexibility to re purpose the site or reconfigure buildings/units. Rental information shows prior rents for units that have been vacated. The commercial building also has a finished lower level that is accessible through space formerly occupied by owner's real estate company. Per an appraisal, the combined size of the two buildings is approximately 5584 sq. ft. (2064 commercial- 3520 residential). There is paved, onsite parking for approximately 15 cars. Property being sold "as-is" to settle estate.
School Ratings & Info
Description
PRIME LOCATION at the high visibility entrance to eastern Morris County. Former location of real estate office. This property is uniquely situated off Rt. 24, at the border of Essex and Union Counties near the Short Hills Mall, and a short drive to Newark Airport. Located in the B-5 office district, the subject is currently a mixed use consisting of 9 units: 5 residential apartments in one building that is separated by breezeway to a building containing 4 commercial rental units. All current tenants are on month to month leases, and vacant units have not been re-rented in order to give a new buyer total flexibility to re purpose the site or reconfigure buildings/units. Rental information shows prior rents for units that have been vacated. The commercial building also has a finished lower level that is accessible through space formerly occupied by owner's real estate company. Per an appraisal, the combined size of the two buildings is approximately 5584 sq. ft. (2064 commercial- 3520 residential). There is paved, onsite parking for approximately 15 cars. Property being sold "as-is" to settle estate.
© 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Provident Legacy Real Estate Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Provident Legacy Real Estate Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
Data last updated 2022-07-06T21:46:33.793.