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190-194 Saddle River Rd 4 Unit Apartment Building $1,450,000 ($362,500/Unit) Saddle Brook, NJ 07663
Executive Summary
Don’t miss out on this fantastic opportunity! This well-maintained 4-unit property is perfect for an end-user or an investor looking for great returns. Fully rented and updated over the past few years, it offers excellent income potential. The building also features a one-car garage, a bonus room and two storage units which can be converted to a studio or 1 bedroom apartment with the appropriate zoning board approval. With its convenient location near major highways and NYC transportation, plus over half an acre of land, the possibilities are endless!
Property Facts Under Contract
| Price | $1,450,000 | Building Class | C |
| Price Per Unit | $362,500 | Lot Size | 0.59 AC |
| Sale Type | Investment | Building Size | 6,842 SF |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1972 |
| Property Subtype | Apartment | Parking Ratio | 0.73/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-B - Residential Business | ||
| Price | $1,450,000 |
| Price Per Unit | $362,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 6,842 SF |
| No. Stories | 3 |
| Year Built | 1972 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | R-B - Residential Business |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 761 |
| 2+2 | 2 | - | 1,083 |
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Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 57-00907-0000-00025 | Improvements Assessment | $496,600 |
| Land Assessment | $207,000 | Total Assessment | $703,600 |
Property Taxes
Parcel Number
57-00907-0000-00025
Land Assessment
$207,000
Improvements Assessment
$496,600
Total Assessment
$703,600
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Contact the Sale Advisor
190-194 Saddle River Rd