237 Main St - Apartments FOR SALE


Hackettstown, NJ 07840
$1,700,000 USD
646-408-8024
237 Main St, Hackettstown, NJ for Sale
$1,700,000 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

237 Main St
Hackettstown, NJ 07840


HIGHLIGHTS

  • Just Built - Tax Abatement for 5 years in Place
  • All Units Separately Metered (Water, Electric, Gas) - Minimal Expenses
  • Fire Monitoring +Sprinkler System Throughout
  • No Snowplowing Needed as Shared Parking Lot is Managed by the Town
  • Perfect for Investors OR Owner User who Wants Additional Income
  • Great Location in Hackettstown on Main St.

OVERVIEW

Beautiful newly built 6 unit apartment/mixed use building in Hackettstown on highly visible Main St. All utilities for all units have separate meters. Currently Being Offered Vacant - 7.7 Cap Rate Pro Forma Perfect for an investor who wants to choose their own tenants OR an owner user who is looking to put their business below and have apartment rentals above for income. Expenses are minimal with all separate utilities, newly built and snow removal handled by the town Four Apartments - 3 Two Bedroom 2 BA and 1 One BR 1 BA apartment plus Two retail/office spaces. Please Contact Marc for more information and Pro Forma rent info.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$213 USD /SF

# OF UNITS

6

PRICE/UNIT

$283,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newly Built Apartments-Mixed Use Hackettstown

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

TCC

APN/PARCEL ID

08-00071-0000-00009

ASK ABOUT THIS PROPERTY

Marc WeitzFairclough RealtorsMore Info
646-408-8024

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Marc WeitzFairclough RealtorsMore Info
646-408-8024

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.