443 Jackson Ave
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443 Jackson Ave
5,431 SF 100% Leased Retail Building Elizabeth, NJ 07201 £710,099 (£131/SF) 10.36% Net Initial Yield
Investment Highlights
- Corner Property
- Income Producing
- Busy Intersection
Executive Summary
An incredible opportunity to own a Mixed-use income-generating property! This corner property offers two residential apartments and two stores. The first apartment is a four-bedroom with an eat-in kitchen and living room. The second apartment is a five-bedroom with an eat-in kitchen, two bathrooms, and plenty of living space. The driveway and detached garage can generate additional income by being rented out for storage and parking. Rent from both stores totals 3100, the rent for two apartments, for each 2400 per unit plus an opportunity to rent out the garage for 750, bringing it to 8650 monthly Close to all Major highways /Mass transit, commuter-friendly!
Data Room Click Here to Access
- Operating and Financials
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,431 SF
Building Class
C
Year Built/Renovated
1961/2003
Price
£710,099
Price Per SF
£131
Net Initial Yield
10.36%
NOI
£73,601
Percent Leased
100%
Number of Floors
3
Building FAR
0.06
Land Acres
2.07 AC
Zoning
4A - Mixed-Use
Parking
2 Spaces (0.37 Spaces per 1,000 SF Leased)
Frontage
Walk Score ®
Very Walkable (84)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 04-00012-0000-00344 | Improvements Assessment | £499,128 |
Land Assessment | £176,488 | Total Assessment | £675,617 |
PROPERTY TAXES
Parcel Number
04-00012-0000-00344
Land Assessment
£176,488
Improvements Assessment
£499,128
Total Assessment
£675,617
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443 Jackson Ave
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