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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
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,229,600 | |
| Land Assessment | $1,831,400 | Total Assessment | $4,061,000 |
Property Taxes
Parcel Numbers
Land Assessment
$1,831,400
Improvements Assessment
$2,229,600
Total Assessment
$4,061,000
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112-114 Norwood Ave
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