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57 River Rd

1,464 SF 100% Leased Office Building Chatham, NJ 07928 £666,705 (£455/SF) 5% Net Initial Yield

Investment Highlights

  • Location, Potential for future development / Area is transitioning to the Gateway of Chatham / Planned rail road station across the street.

Executive Summary

Area is being redeveloped as a Gateway to Chatham.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,464 SF
Building Class
C
Year Built
1929
Price
£666,705
Price Per SF
£455
Net Initial Yield
5%
NOI
£33,335
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
732 SF
Building FAR
0.21
Land Acres
0.16 AC
Zoning
M3 - Industrial

Amenities

  • 24 Hour Access
  • Storage Space
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-00139-0000-00003
Land Assessment
£246,010
Improvements Assessment
£152,671
Total Assessment
£398,682
  • Listing ID: 33661250

  • Date on Market: 28/10/2024

  • Last Updated:

  • Address: 57 River Rd, Chatham, NJ 07928

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