Skip To Content

225 Franklin Ave

Midland Park Boro, NJ 07432
  • $2,500,000
  • STATUS: Active Under Contract
  • ON SITE: 69 Days
  • MLS #: 3854130
Under Contract
$2,500,000
  • 0
    BEDS
  • 0.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,300
    SQFT
  • $581
    $/SQFT
Type:
Commercial
Built:
2000
County:

School Ratings & Info

Description

Located in a thriving and vibrant area this property is ideal for any investor or developer looking to grow their portfolio. A total of three buildings, two facing Godwin Ave and the third building facing Franklin Ave. A total of 10 units, 6 commercial/retail and 4 residential apartments. On Franklin Ave the property offers approximately 25 parking spots and a garage with a loading area. Strategically located near major transportation, shopping centers, parks, schools on a dynamic environment that continues to grow and evolve.

Monthly Payment Calculator



Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-20T23:46:19.437.
www.movetonewjersey.com/homes/141432551
Print Image

225 Franklin Ave Midland Park Boro, NJ 07432

  • Price: $2,500,000
  • Status: Active Under Contract
  • On Site: 69 Days
  • MLS #: 3854130
0
Beds
0
Baths
0
½ Baths
0.63
Acres
4,300
SQFT
$581
$/SQFT
2000
Built
County:
Bergen
Area:
Midland Park Boro
Property Description
Located in a thriving and vibrant area this property is ideal for any investor or developer looking to grow their portfolio. A total of three buildings, two facing Godwin Ave and the third building facing Franklin Ave. A total of 10 units, 6 commercial/retail and 4 residential apartments. On Franklin Ave the property offers approximately 25 parking spots and a garage with a loading area. Strategically located near major transportation, shopping centers, parks, schools on a dynamic environment that continues to grow and evolve.
Exterior Features

Approximate Lot Size 163X149 IRR Construction Brick/Block Exterior Description Vinyl Siding Location FreestandingSee Remarks Lot Description Irregular Lot Number Of Bays 0 Number Of Docks 1 Parking Driveway Description Assigned Roof Description Asphalt ShingleFlat

Interior Features

Basement Yes Basement Description Unfinished Cooling Multi-Zone Cooling Equipment Available AppliancesFire Alarm Heating Forced Hot AirMulti-ZoneRadiators - Hot Water Max Ceiling Height 8 Max Door Height 8 Number Of Lavatories 13 Office Sq Ft 2000

Property Features

DEPStatus See Remarks Expenses Include InsuranceMaintenance - ExteriorProperty ManagementSnow RemovalTrashWater/Sewer For Sale Or Lease For Sale Fuel Type Gas-Natural Gross Operating Income 207108 Net Operating Income 123375 Primary Property Type Mixeduse Property Type Mixed Use Sale Includes Building Only Sewer Public Sewer Suite Number 225 Tax Amount 41678 Tax Rate Amount 3.252 Tax Rate Year 2022 Tax Year 2022 Total Operating Expense 83733 Utilities Gas-Natural Utilities Paid By Tenant Water Public Water Zoning Mixed Use

Listing information © 2023 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams Village Square: 201-445-4300.


Garden State MLS logo © 2023 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Gio | RE/MAX Central are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-09-20T23:46:19.437.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3854130-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3854130-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3854130-2.jpg
Logo
Team Gio | RE/MAX Central
520 Rt 9 North
Manalapan NJ, 08527