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Fully Leased Office/Residential 1950 Greenwood Lake Tpke 8,300 SF 100% Leased Office Building Hewitt, NJ 07421 For Sale

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INVESTMENT HIGHLIGHTS

  • User/ Investor Opportunity! 8300 SF mixed use apartments & medical office
  • Medical office: 4 private exam rooms, reception area, 2 in-unit bathrooms, private office, equipment
  • Scenic setting with idyllic lake views
  • Four fully rented apartments
  • 15 Parking spaces

EXECUTIVE SUMMARY

Ideal as an investment opportunity or for owner-occupier! Approx 8,300 SF mixed-use property with 4 apartments and medical office space. Potential opportunity to convert medical office space to additional apartments. Apartments are fully leased. Scenic lake setting with neighborhood feel, and surrounding lake-side retail/ hospitality establishments. Fifteen parking spaces. Neighboring NJ Transit bus stop and access to highways: 287, Route 23, NJ-94.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,300 SF
Building Class
C
Year Built
1955
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,300 SF
Slab To Slab
12’
Building FAR
0.35
Lot Size
0.55 AC
Zoning
R-1,West Milford Twp
Parking
15 Spaces (1.81 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Family Lase Dentistry
  • Health Care and Social Assistance
  • 1,800 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Family Lase Dentistry Health Care and Social Assistance 1,800 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-03611-0000-00014
Land Assessment
$384,509 CAD
Improvements Assessment
$490,643 CAD
Total Assessment
$875,152 CAD
  • Listing ID: 31127082

  • Date on Market: 2024-03-05

  • Last Updated:

  • Address: 1950 Greenwood Lake Tpke, Hewitt, NJ 07421

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