Courtesy: JD FRANCES REALTY & G.R.
973-265-7247
Nestled in the Upper Vailsburg section of Newark, 37 grand avenue boasts 5239 SQ.FT stretching across three level of living space. The first floor apartment offers en-suite bedroom with two walk-in closets, a full bathroom, two bedrooms and an open floor concept. Step into the second level and be greeted with a huge open floor concept, two bedrooms, a bathroom, an en-suite bedroom with two walk-in closets. The third floor boasts an open floor concept, two bedrooms, a bathroom and an en-suite bedroom with two walk-in closets. This 36 FT. towering beauty features a 6741Sq-Ft lot extending to the back of the house in the next town, a built-in two garage, a sprinkler system, separate utilities and laundry hookup in each unit, The construction will start in less than 15 days, Feel free to visit the site at your leisure. This brand new gem will enjoy a five years tax abatement.
Courtesy: COMPASS NEW JERSEY, LLC
973-315-8180
Highest and best Wednesday 11/26 at 9am. Welcome to an exceptional income-producing opportunity at 104 Ridgedale Avenue in Cedar Knolls, NJ. This versatile 4-unit commercial property is designed for the discerning investor seeking reliable returns. Featuring a generous lot size of 12,066 square feet, the property stands as a testament to quality and potential.The structure houses a mix of residential and commercial tenants ensuring a steady revenue stream, currently collecting just over $9,600 monthly and over 115,000 annually. On the second floor, a long-term tenant occupies a spacious 2-bedroom apartment for 1800/mo complemented by another 2-bedroom apartment recently renovated in 2023 at 2300 a month. This building has a large 15+ car parking lot, a newer roof, central air conditioning, separate utilities, and a prime location, enhancing tenant comfort and property value. The landlord pays a portion of heat and electric costs for the common areas.The ground floor boosts this property's commercial appeal with a rented hair salon (1800/mo) and a dentist office (3750/mo) each secured with a 5-year lease This unique blend of residential and commercial space, along with its modern amenities, presents an exceptional investment in a strategic location. Explore the possibilities and secure a property that promises both stability and growth.
Cedar Knolls is located in New Jersey. Cedar Knolls, New Jersey has a population of 4,286. Cedar Knolls is more family-centric than the surrounding county with 38.7% of the households containing married families with children. The county average for households married with children is 37.96%.
The median household income in Cedar Knolls, New Jersey is $134,054. The median household income for the surrounding county is $123,727 compared to the national median of $69,021. The median age of people living in Cedar Knolls is 42.6 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 50.4 inches per year, with 29.2 inches of snow per year.
