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9 W North St 3,782 SF Industrial Building Highlands, NJ 07732 $649,000 ($171.60/SF)
Investment Highlights
- Located in the middle of Highlands business district
- Ferry to New York City and close to the ocean
- In the Highlands Redevelopment Zone offering zoning and financing incentives
Executive Summary
Self-storage/contractor garages and a 1-bedroom apartment in highly desirable Highlands New Jersey. Building is 3700 SF (+/-) one story with backyard area and parking in front. Value add possibility to increase rents and have a strong cash flowing building. This building is located in the middle of Highlands new redevelopment zone. Opportunity to add on or level building and replace with a mix of residential and commercial spaces.
Property Facts
| Price | $649,000 | Lot Size | 0.47 AC |
| Price Per SF | $171.60 | Rentable Building Area | 3,782 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1923 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Zoning | B-2 - Highlands Redevelopment zone provides regulations for the reuse of buildings and the appropriate redevelopment of properties in the Redevelopment Area | ||
| Price | $649,000 |
| Price Per SF | $171.60 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.47 AC |
| Rentable Building Area | 3,782 SF |
| No. Stories | 1 |
| Year Built | 1923 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | B-2 - Highlands Redevelopment zone provides regulations for the reuse of buildings and the appropriate redevelopment of properties in the Redevelopment Area |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 19-00053-0000-00003 | Improvements Assessment | $116,800 |
| Land Assessment | $277,800 | Total Assessment | $394,600 |
Property Taxes
Parcel Number
19-00053-0000-00003
Land Assessment
$277,800
Improvements Assessment
$116,800
Total Assessment
$394,600
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9 W North St