Presenting 6813 Park Avenue, a rare and compelling investment opportunity in the heart of Guttenberg, NJ. This cash-flowing 3-unit mixed-use property features a 4,088 SF low-rise building with desirable Comm zoning, offering both stability and upside potential. Renovated in 2010, the property blends historic character with modern functionality, making it an ideal long-term hold.
Currently at 100% occupancy, the asset is anchored by a ground-floor retail tenant and complemented by two residential units above, generating a strong 6.16% cap rate and over $61,500 in annual NOI. With separate tenant utilities, manageable operating expenses, and a favorable tenant mix, this property is positioned to deliver consistent returns for years to come.
Located in Guttenberg’s vibrant Hudson River Waterfront submarket, just minutes from New York City, the property benefits from excellent transit access, strong local demographics (with over 88,000 residents within a one-mile radius), and steady traffic counts of 9,143 cars daily. Surrounded by retail, dining, and cultural amenities, 6813 Park Ave offers investors both dependable cash flow and meaningful appreciation potential in one of Northern New Jersey’s most dynamic markets.
Don’t miss this chance to secure a proven, income-producing asset in a location poised for continued growth.