FSBO
FSBO - For Sale
$1,395,000
For Sale by Owner
Listed 1 month ago
7BR Multi-Family for Sale in Fairview, NJ
56 Hamilton Ave Apt 4, Apt 4, Fairview, NJ 07022
7 Beds
4 Bath
Key Facts
Property TypeMulti-Family
Property Description
4 FAMILY WITH A 7.6% CAP RATE, THIS PROPERTY WAS REMODELED FROM GUT TO STUD ABOUT 6 YEARS AGO, NEW ELECTRICITY, NEW PLUMBING, NEWER ROOF, NEW SHEETROCK, PROPERTY HAS SEPARATE UTILITIES, TENANTS PAY HEAT & HOT WATER, FIRST FLOOR FEATURES 2 APTS, ONE HAS A TWO BEDROOM UNIT AND THE OTHE APT HAS A 1 UNIT APT. SECOND FLOOR HAS 3 BEDROOMS. 1 FB. 3RD FLOOR HAS 2 BEDROOMS, FULL BATH, DECK WITH PARIAL NYC VIEW, NYC TRANSPORTATION 1 BLOCK AWAY. NEXT TO NORTH HUDSON PARK.EXPENSES= water & sewer $4,800, insurance $6,000. taxes $21,045, total expenses, $31,845. total income $11,500 x 12=$138,000 net income $106,155.00
Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.
Amenities and Features
Air Conditioning
Balcony/Deck
Property Location
Map shows approximate location. Exact address provided to serious inquirers upon contact.
Property Research
View Full Property History on MarketTimeline
Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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