40 Washington Ave | Nutley, NJ 07110
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- LoopNet Team
40 Washington Ave
Nutley, NJ 07110
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Excellent Investment Opportunity For A 1031 Exchange Buyer
- Current Rents Are Significantly Below Market
- Strong Household Income Area
- Upside Potential: Below Market Rents Can Be Increased To Achieve A Better Return On Investment
- Strong Population Density
PROPERTY FACTS
| No. Units | 6 | Building Size | 5,063 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1900 |
| Building Class | C | Parking Ratio | 0.83/1,000 SF |
| Lot Size | 0.11 AC | ||
| Zoning | N/Av, Nutley | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 5,063 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | N/Av, Nutley |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 16-09601-0000-00005 | Improvements Assessment | $312,600 |
| Land Assessment | $363,300 | Total Assessment | $675,900 |
PROPERTY TAXES
Parcel Number
16-09601-0000-00005
Land Assessment
$363,300
Improvements Assessment
$312,600
Total Assessment
$675,900
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