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1246 McBride Ave - 3 Res units,Corner Lot,Central Business Dist 3 Unit Apartment Building Offered at $1,474,880 CAD Woodland Park, NJ 07424
Investment Highlights
- Corner of two main roads
- neighbor to TD Bank, PNC Bank, Amazon Warehouse
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$102,622
|
$32.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$102,622
|
$32.07
|
| Taxes |
$16,113
|
$5.04
|
| Operating Expenses |
$8,210
|
$2.57
|
| Total Expenses |
$24,323
|
$7.60
|
| Net Operating Income |
$78,300
|
$24.47
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $102,622 |
| Annual Per SF | $32.07 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $102,622 |
| Annual Per SF | $32.07 |
| Taxes (CAD) | |
|---|---|
| Annual | $16,113 |
| Annual Per SF | $5.04 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $8,210 |
| Annual Per SF | $2.57 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $24,323 |
| Annual Per SF | $7.60 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $78,300 |
| Annual Per SF | $24.47 |
Property Facts
| Price | $1,474,880 CAD | Building Size | 3,200 SF |
| Price Per Unit | $491,627 CAD | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 3 |
| No. Units | 3 | Year Built/Renovated | 1950/2017 |
| Property Type | Multifamily | Parking Ratio | 2.19/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | Central Business District | ||
| Price | $1,474,880 CAD |
| Price Per Unit | $491,627 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Lot Size | 0.13 AC |
| Building Size | 3,200 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1950/2017 |
| Parking Ratio | 2.19/1,000 SF |
| Zoning | Central Business District |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | 1,100 |
| 1+1 | 1 | - | 1,000 |
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Property Taxes
| Parcel Number | 16-00117-0000-00001 | Total Assessment | $490,321 CAD (2025) |
| Land Assessment | $133,550 CAD (2025) | Annual Taxes | $16,113 CAD ($5.04 CAD/SF) |
| Improvements Assessment | $356,771 CAD (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
16-00117-0000-00001
Land Assessment
$133,550 CAD (2025)
Improvements Assessment
$356,771 CAD (2025)
Total Assessment
$490,321 CAD (2025)
Annual Taxes
$16,113 CAD ($5.04 CAD/SF)
Tax Year
2023
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1246 McBride Ave - 3 Res units,Corner Lot,Central Business Dist
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