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The Loffredo Estate 3 Multifamily Properties Offered at $3,350,000 in Rutherford, NJ
INVESTMENT HIGHLIGHTS
- The subject sale is a three-building, 11-unit multifamily property on a site totaling 0.6 acres within the R-1 One Family Residential zoning district.
- Five garages and seven or more parking spaces.
- Three conjoined yet separately deeded lots.
- The property is comprised of three individual tax lots, each improved with one building.
EXECUTIVE SUMMARY
Presenting a rare investment opportunity in the heart of Rutherford, NJ: The Loffredo Estate.
This distinctive property consists of three conjoined yet separately deeded lots, totaling 0.656 acres. The estate features three buildings with 11 multifamily units, five garages, and seven parking spaces, offering a unique opportunity for investors. One unit, consisting of three bedrooms and a semi-finished basement, is suitable for an owner-operator. Situated near public transportation, with easy access to the Rutherford train station, this prime location ensures convenience for commuters.
Additionally, its close proximity to the vibrant downtown district provides access to shopping, dining, and entertainment. The Loffredo Estate is an exceptional addition to any investment portfolio with its sought-after location and strong future rental potential.
The properties will not be sold separately at this time. For more information and details, please visit www.theloffredoestate.com.
This distinctive property consists of three conjoined yet separately deeded lots, totaling 0.656 acres. The estate features three buildings with 11 multifamily units, five garages, and seven parking spaces, offering a unique opportunity for investors. One unit, consisting of three bedrooms and a semi-finished basement, is suitable for an owner-operator. Situated near public transportation, with easy access to the Rutherford train station, this prime location ensures convenience for commuters.
Additionally, its close proximity to the vibrant downtown district provides access to shopping, dining, and entertainment. The Loffredo Estate is an exceptional addition to any investment portfolio with its sought-after location and strong future rental potential.
The properties will not be sold separately at this time. For more information and details, please visit www.theloffredoestate.com.
PROPERTY FACTS
| Price | $3,350,000 | Number of Properties | 3 |
| Price / SF | $299.11 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 11,200 SF |
| Status | Under Contract | Total Land Area | 1.09 AC |
| Price | $3,350,000 |
| Price / SF | $299.11 / SF |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 11,200 SF |
| Total Land Area | 1.09 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 93 Mountain Way, Rutherford, NJ 07070 | Multifamily | 4,695 SF | 1958 | - |
| 114 Orient Way, Rutherford, NJ 07070 | Multifamily | 4,325 SF | 1930 | - |
| 97 Mountain Way, Rutherford, NJ 07070 | Multifamily | 2,180 SF | 1958 | - |
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The Loffredo Estate
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