390 Fairview Ave - Apartments FOR SALE


Fairview, NJ 07022
$1,900,000 USD
201-742-6118
390 Fairview Ave, Fairview, NJ for Sale
$1,900,000 USD
Apartments - FOR SALE
1/12
null | 5.85% Cap Rate

390 Fairview Ave
Fairview, NJ 07022


HIGHLIGHTS

  • All Brick Building With (1) Retail Unit And (5) Residential Apartments 
  • Favorable Rent Control – 10% Annual Increase on Existing Tenant*, Vacancy Decontrol
  • Residential Unit Mix Consists of (3) 2 Bed/1 Bath Units and (2) 3 Bed/1 Bath Units 

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$444 USD /SF

# OF UNITS

6

PRICE/UNIT

$316,667

CAP RATE

5.85%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value-Add Bergen County Mixed-Use

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

RC

APN/PARCEL ID

18-00229-0000-00001

ASK ABOUT THIS PROPERTY

Alan CafieroMarcus & MillichapMore Info
201-742-6118

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Alan CafieroMarcus & MillichapMore Info
201-742-6118

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