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820-822 River Rd
Edgewater, NJ 07020
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Corner Lot
- Restaurant
- Signage
- Storage Space
ABOUT 820-822 RIVER RD , EDGEWATER, NJ 07020
Property is .50 Acre, close to 140ft of frontage on a corner lot. Both Tenants have 4yr left on their leases with NO options. The property has a clean Phase 1 completed within last 18mo. Restaurant tenant: $7,417mo Mercedes tenant: $7,931mo 3% Annual increases through 2022 Gross: $184,164 Net: $154,920 3% Annual Increases ASK: $3,100,000 There is tremendous amount of development in this immediate area; Edgewater NJ is experiencing a huge growth in population with increased commuter options, new facilities, grocery stores, entertainment, etc. Please reach out for additional info: nathan@grouptwentysix.com
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,007,300 | |
| Land Assessment | $1,374,300 | Total Assessment | $2,381,600 |
PROPERTY TAXES
