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1108 McBride Ave 4 Unit Apartment Building $1,599,000 ($399,750/Unit) 6.70% Cap Rate Woodland Park, NJ 07424
EXECUTIVE SUMMARY
Great multi-family investment opportunity along McBride Ave.
PROPERTY FACTS
| Price | $1,599,000 | Apartment Style | Low-Rise |
| Price Per Unit | $399,750 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 6.70% | Building Size | 9,800 SF |
| No. Units | 4 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2025 |
| Zoning | R-B - Residential | ||
| Price | $1,599,000 |
| Price Per Unit | $399,750 |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.05 AC |
| Building Size | 9,800 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2025 |
| Zoning | R-B - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 16-00090-0000-00007 | Improvements Assessment | $112,000 |
| Land Assessment | $232,000 | Total Assessment | $344,000 |
PROPERTY TAXES
Parcel Number
16-00090-0000-00007
Land Assessment
$232,000
Improvements Assessment
$112,000
Total Assessment
$344,000
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1108 McBride Ave
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