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390 Fairview Ave 5 Unit Apartment Building $2,200,000 ($440,000/Unit) Fairview, NJ 07022



Investment Highlights
- Unit mix is three 2 bedrooms, two 3 bedrooms and a commercial store
- Lot depth is 137 feet
- Some units recently renovated.
Executive Summary
Knock Knock! Calling all investors! Amazing opportunity to add this corner brick mixed use building with parking to your portfolio! Current annual gross income is $160,000 plus with upside for more! Unit mix is three 2 bedrooms, two 3 bedrooms and a commercial store on groumd! Some units recently renovated. Lot depth is 137 feet. This gem is centrally located in Fairview with easy access to NYC and within close proximity to shopping, restaurants ,schools and infamous James Braddock North Hudson Park!
Property Facts
| Price | $2,200,000 | Building Class | C |
| Price Per Unit | $440,000 | Lot Size | 0.08 AC |
| Sale Type | Investment | Building Size | 4,284 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1912 |
| Apartment Style | Low-Rise | Parking Ratio | 0.88/1,000 SF |
| Zoning | RC - Commercial mixed use | ||
| Price | $2,200,000 |
| Price Per Unit | $440,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 4,284 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1912 |
| Parking Ratio | 0.88/1,000 SF |
| Zoning | RC - Commercial mixed use |
Amenities
Unit Amenities
- Balcony
1 1
Walk Score®
Very Walkable (89)
Property Taxes
| Parcel Number | 18-00229-0000-00001 | Improvements Assessment | $748,700 |
| Land Assessment | $225,000 | Total Assessment | $973,700 |
Property Taxes
Parcel Number
18-00229-0000-00001
Land Assessment
$225,000
Improvements Assessment
$748,700
Total Assessment
$973,700
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390 Fairview Ave
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