Address
418 Rt 23 Franklin Boro, NJ
Price
$ 699,000
Property Attributes
  • MLS#3599821
  • TypeCommercial
  • CountySUSSEX
  • CityFranklin Boro
  • AreaFranklin Boro
  • Zip07416
  • StyleCondo Complex
  • Year Built1988
  • Taxes22244
  • Price$ 699,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms3
  • Sqr Footage4990
Listing Provided Courtesy Of:
REALTY EXECUTIVES EXCEPTIONAL
Property Description

Prime location for Retail or Professional use.-3 Condo Units, # s 1,4 & 5 - 4990 S.F. High Visibility on Rt 23, Franklin Business District w/National & Regional Chains. Appr 18,000 vehicles pass a day THESE 3 UNITS ARE BUSINESS OCCUPIED; HEATING & PLUMBING CO, YOGA STUDIO, TATTOO STUDIO. Also, there are 2 additional Units, # s 2 & 3 for sale that are vacant. See MLS 3582938. This gives the opportunity to purchase the entire Bldg with all 5 Units and have income. Plenty of Parking, 32 Spaces. Total S.F for the entire 5 Unit Bldg is 7429 . "FANTASTIC PRICE FOR ENTIRE BUILDING $999,000 FINANCIALS AVAILABLE. CAP RATE 7.5%. These listings are on CO STAR, LOOPNET, CREXI & MLS.

Price History
11/7/2019 Listed $849,000
7/1/2020 9% - $775,000
8/22/2020 10% - $699,000

General Features

Construction Brick/Block
Cooling 3 Units, Central Air
Drive Blacktop, Parking Lot-Exclusive
Flooring Carpeting, Tile, Vinyl-Linoleum
Garage Spaces 32
Heating 3 Units, Baseboard - Hotwater, Radiant - Hot Water
Prior Use VARIOUS BUSINESS
Roof Fiberglass
Sewer Public Sewer
Tax Annual Amount 22244
Total Units 3
Township Franklin Boro
Utilities All Underground, Electric
Zoning HC-S

Interior Features

Fuel Type GasPropL, OilAbIn

Exterior Features

Building Area Total 7429
Exterior Description Brick/Block
Lot Dimensions .7429
Lot Features Corner
Max Ceiling Height 16
Max Door Height 12
Number Of Bays 1
Number Of Docks 1
Number Of Doors 1
Total Parking 32
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 07416

Price
AVG $240K
$700K
Taxes
AVG $17,134
$22,244
Visits
AVG 111
241
Year Built
AVG 1956
1988
Walkscore
AVG 44
55
Data Provided by Walkscore ® not using MLS data

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