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490 US Highway 46 3 Unit Apartment Building $650,000 ($216,667/Unit) Kenvil, NJ 07847
Investment Highlights
- Large parking lot - room for 13 cars
- Potential for ncome producing rental apartment above + studio apt for living on premises or additional rental space
- Frontage on major highway
Executive Summary
Commercial space available for the first time in over 50 years! Most recently used as a Kitchen Showroom; half bath in retail space. Many options with B-2 zoning. 2 bedroom apartment with kitchen and full bath+ 2 add'l rooms & walk up attic, as well as a studio/efficiency with a full bath and kitchenette on main level - could be repurposed as break room, additional office space or used for rental income (working with town to get proper documentation). Basement storage. Great, high visibility corner, flat property. All city utilities - public water and sewer and natural gas hot water baseboard heat. Well maintained with fresh paint and new carpeting on second level. Large, flat paved parking lot with room for 13 cars.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Controlled Access
- Smoke Detector
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Property Taxes
| Parcel Number | 36-02612-0000-00023 | Improvements Assessment | $221,600 |
| Land Assessment | $177,100 | Total Assessment | $398,700 |
Property Taxes
Parcel Number
36-02612-0000-00023
Land Assessment
$177,100
Improvements Assessment
$221,600
Total Assessment
$398,700
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490 US Highway 46
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