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112-114 Norwood Ave 9,555 SF Vacant Retail Building Deal, NJ 07723 $9,950,000 ($1,041.34/SF)
INVESTMENT HIGHLIGHTS
- In close proximity to signalized intersection.
EXECUTIVE SUMMARY
This sale includes a 9555 square foot building, a liquor license, 4 apartments a two bedroom renting for $2,000 a month a two bedroom renting for $1700 a month, a 1 bedroom renting for $1450 a month and a 1 bedroom renting for $1,000 a month. The sale includes the building and busienss next store Sylvia's which is paying $3,000 a month.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,555 SF
Year Built
1953
Price
$9,950,000
Price Per SF
$1,041.34
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
1.42
Lot Size
0.16 AC
Zoning
C
Frontage
45’ on NORWOOD AVE
PROPERTY TAXES
| Parcel Number | 11-00025-0000-00004 | Improvements Assessment | $367,800 |
| Land Assessment | $714,400 | Total Assessment | $1,082,200 |
PROPERTY TAXES
Parcel Number
11-00025-0000-00004
Land Assessment
$714,400
Improvements Assessment
$367,800
Total Assessment
$1,082,200
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112-114 Norwood Ave
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