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    2 Railroad Ave

    Wanaque Boro, NJ 07465
    • $1,185,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: 3675809
    UPDATED: 44 min ago
    $1,185,000
    • 35
      BEDS
    • 0.41
      ACRES
    • 8
      BATHS
    • 2
      1/2 BATHS
    • 7,200
      SQFT
    • $165
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1906
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great Investment property & location in Wanaque that features a 3 story brick building consisting of two 4 BRM apartments on the 1st floor. The 2nd & 3rd floors feature 12 bedrooms & 13 bedrooms with 4 common baths, 2 located on the second floor & 2 on the third floor. The bonus is a single family home with 2 bedrooms, Kitchen, living room, bath & basement. This building has its own parking lot. The GOI is $253,320 & the NOI before the Vacancy Factor is $154,909, After the Vacancy Factor of 4+ rooms either being empty or for non payment of rent the NOI is $124,900. The owner has also made many improvements since 2017 including a newer roof on the building. All information and financial numbers supplied in these remarks are reliable but not guaranteed.

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    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Keller Williams Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-12-01T14:47:20.953.
    www.seeinsidethehouse.com/homes/111537126
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    2 Railroad Ave Wanaque Boro, NJ 07465

    • Price: $1,185,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: 3675809
    35
    Beds
    8
    Baths
    2
    ½ Baths
    0.41
    Acres
    7,200
    SQFT
    $165
    $/SQFT
    1906
    Built
    Neighborhood:
    Wanaque
    County:
    Passaic
    Area:
    Wanaque Boro
    Elementary School:
    Haskell
    Middle School:
    Wanaque
    High School:
    Lakeland
    Property Description
    Great Investment property & location in Wanaque that features a 3 story brick building consisting of two 4 BRM apartments on the 1st floor. The 2nd & 3rd floors feature 12 bedrooms & 13 bedrooms with 4 common baths, 2 located on the second floor & 2 on the third floor. The bonus is a single family home with 2 bedrooms, Kitchen, living room, bath & basement. This building has its own parking lot. The GOI is $253,320 & the NOI before the Vacancy Factor is $154,909, After the Vacancy Factor of 4+ rooms either being empty or for non payment of rent the NOI is $124,900. The owner has also made many improvements since 2017 including a newer roof on the building. All information and financial numbers supplied in these remarks are reliable but not guaranteed.
    Exterior Features

    Approximate Lot Size 70X202 Color Of Building Brown Exterior Description Brick Exterior Features Open Porch(Es) Garage Description None Lot Description Level LotOpen Lot Number Of Parking Spaces 24 Parking Driveway Description Additional ParkingNoneParking Lot-Exclusive Roof Description Asphalt Shingle

    Interior Features

    Basement Yes Basement Description Unfinished Cooling None Heating 4 Units Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke Detector Total Number Of Rooms 40 Unit1 Appliances Equipment Carbon Monoxide DetectorDishwasherRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 1.2 Unit1 Bedrooms 4 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving RoomSee Remarks Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 1200 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - ElectricRefrigeratorSmoke Detector Unit2 Baths 2.0 Unit2 Bedrooms 4 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description BedroomsEat-In KitchenLiving Room Unit2 Rooms 6 Unit2 Sq Ft 1200 Unit3 Baths 1.0 Unit3 Bedrooms 2 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsDining RoomKitchenLiving Room Unit3 Rooms 5 Unit3 Sq Ft 1400 Unit4 Appliances Equipment Carbon Monoxide DetectorSmoke Detector Unit4 Baths 4.0 Unit4 Bedrooms 25 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description Bedrooms Unit4 Rooms 25 Unit4 Sq Ft 0

    Property Features

    Assessment Total 551900 Building Assessment 377100 Building Number 2 Easement Unknown Expenses Include UtilitiesElectricInsuranceTaxes Farm Assessment No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 253320 Home Warranty No Land Assessment 174800 Net Operating Income 124900 Services Cable TvGarbage Included Sewer Public Sewer Tax Amount 22093 Tax Rate Amount 4.003 Tax Rate Year 2020 Tax Year 2020 Total Operating Expense 98411 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit1 Rent 1730 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit2 Rent 1740 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 1300 Unit3 Security Deposit 0 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit4 Rent 0 Unit4 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Water Heater Gas Year Built Description Approximate Zoning 4A

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Coldwell Banker Realty.


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Real Estate. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Keller Williams Real Estate are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-12-01T14:47:20.953.
     
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    Keller Williams Real Estate
    6 State Route 173, Suite 202
    Clinton NJ, 08809