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443 Jackson Ave 5,431 SF 100% Leased Retail Building Elizabeth, NJ 07201 $1,354,336 CAD ($249.37 CAD/SF) 7.97% Cap Rate
Investment Highlights
- Corner Property
- Income Producing
- Busy Intersection
Executive Summary
An incredible opportunity to own a Mixed-use income-generating property! This corner property offers two residential apartments and two stores. The first apartment is a four-bedroom with an eat-in kitchen and living room. The second apartment is a five-bedroom with an eat-in kitchen, two bathrooms, and plenty of living space. The driveway and detached garage can generate additional income by being rented out for storage and parking. Rent from both stores totals 3100, the rent for two apartments, for each 2400 per unit plus an opportunity to rent out the garage for 750, bringing it to 8650 monthly Close to all Major highways /Mass transit, commuter-friendly!
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- Operating and Financials
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,431 SF
Building Class
C
Year Built/Renovated
1961/2003
Price
$1,354,336 CAD
Price Per SF
$249.37 CAD
Cap Rate
7.97%
NOI
$107,941 CAD
Percent Leased
100%
Building Height
3 Stories
Building FAR
0.06
Lot Size
2.07 AC
Zoning
4A - Mixed-Use
Parking
2 Spaces (0.37 Spaces per 1,000 SF Leased)
Frontage
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-00012-0000-00344 | Improvements Assessment | $858,471 CAD |
| Land Assessment | $303,549 CAD | Total Assessment | $1,162,020 CAD |
Property Taxes
Parcel Number
04-00012-0000-00344
Land Assessment
$303,549 CAD
Improvements Assessment
$858,471 CAD
Total Assessment
$1,162,020 CAD
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443 Jackson Ave
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