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2 Grove St
South Hackensack, NJ 07606
Nick & G's Family Restaurant · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,400 SF
Building Class
C
Year Built/Renovated
1984/2010
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.25 AC
Zoning
C
Parking
23 Spaces (6.76 Spaces per 1,000 SF Leased)
Frontage
115’ on Grove St

ABOUT 2 GROVE ST , SOUTH HACKENSACK, NJ 07606

INVESTMENT OPPORTUNITY! Two income producing buildings on one property. Free standing restaurant on corner lot with high visibility and leased until 2021. Restaurant is approx.1,500 sf, seats approx. 60 and in 2018 new air conditioning/heating unit installed on roof w/ roof ducts wrapped and weatherproofed. Fully rented two family house has 2018 improvements which include, 2 new MEIK, interior painted, exterior painted, new lighting, 2 new hot water heaters, new steam furnace on 2nd fl and newer furnace on 1st fl, new sump pump, new front storm door and new flower bed in front. One BR apartment on first floor and two BR with attic access on second floor. Newer roof and windows installed in two-family house and both leased until 2020. Landlord pays water in two family. NOI $51,500, 6%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
59-00003-0000-00019
Land Assessment
$332,000
Improvements Assessment
$584,300
Total Assessment
$916,300
  • Listing ID: 15303870

  • Date on Market: 2/28/2019

  • Last Updated:

  • Address: 2 Grove St, South Hackensack, NJ 07606

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