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429 Cedar Ln 2,200 SF Retail Building Teaneck, NJ 07666 $459,900 ($209.05/SF)
Investment Highlights
- Heart of Cedar Lane Business District
- Great Potntial
- Ample Parking
Executive Summary
Great Location, the heart of Cedar Lane. High traffic area with sidewalk at side of the building leading to Town Municipal Parking lot. Lower level has ground level walk out. Great Potential for Owner-Occupied business or Existing Tenant may extend their lease with very good rent. Existing business is a Dry Cleaner, with monthly rent of $4500 + utils. Phase 1 Inspection is done. Building priced for New Owner to take on responsibility of the next phase. SOLD "AS IS".
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,200 SF
Building Class
B
Year Built
1930
Price
$459,900
Price Per SF
$209.05
Tenancy
Single
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.05 AC
Zoning
MX-1
Frontage
Exceptionally walkable
90/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 60-00819-0000-00006 | Improvements Assessment | $244,700 |
| Land Assessment | $460,600 | Total Assessment | $705,300 |
Property Taxes
Parcel Number
60-00819-0000-00006
Land Assessment
$460,600
Improvements Assessment
$244,700
Total Assessment
$705,300
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429 Cedar Ln