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$ 1,500,000
Est. payment /mo
Active
201 Boonton Ave Boonton Town, NJ 07005
12 Beds
7 Baths
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4019985
Style 3-Three Story, See Remarks
Bedrooms 12
Full Baths 7
Year Built 1859
Annual Tax Amount $22,290
Tax Year 2025
Lot Size 5,227 Sqft
Property Description
THIS IS A RARE CHANCE TO PURCHASE A WELL KEPT MIXED USE BUILDING THAT HAS BEEN IN THE SAME HANDS FOR NEARLY 3 DECADES! The property offers a balanced mix of income streams with five residential apartments, a ground level storefront and a dedicated office space. The building has been consistently maintained and cared for over the years, which shows in both its condition and long term tenant stability. The residential units are fully occupied, and the the store fronts have strong visibility and steady foot traffic. Buildings with this kind of track record rarely come to market. It's a solid choice for investors looking for stability, long term performance and the upside that comes with a prime location. Includes addresses 201-203.
Location
State NJ
County Morris
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling None
Heat Source Gas-Natural
Exterior
Exterior Feature Brick, Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story, See Remarks
Others
Senior Community No
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NEARBY SCHOOL & BUSINESS
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