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Listing Courtesy Of:
DOUGLAS ELLIMAN OF NJ LLC, 201-721-8610, HOWARD GOLDBERG
Listing Sold By:
DOUGLAS ELLIMAN OF NJ LLC
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10 DEMPSEY AVE, Edgewater, NJ 07020
4 Beds
3 Baths
10 DEMPSEY AVE, Edgewater, NJ 07020
Estimation provided by Keller Williams Realty Inc.
4 Beds
3 Baths
Sold
Sold
Property Description
Rare multi-use property in sought after Borough of Edgewater. This exceptional mixed-use property presents a unique opportunity to acquire a well-maintained building with diverse revenue streams. Nestled in the vibrant Borough of Edgewater, New Jersey, this property boasts a Restaurant on the ground floor, generating a steady income flow. The second floor features two recently updated two-bedroom apartments, each offering the potential for further revenue growth or potential conversion into condominiums (Buyer to confirm with the City of Edgewater). Benefit from the convenience of having all utilities paid by tenants, ensuring a hassle-free ownership experience. The property's prime location places it within walking distance of a plethora of amenities, including NYC bus and ferry stops, a diverse selection of restaurants and shops (Whole Foods, Trader Joes, Target, Bed Bath & Beyond, Acme, Starbucks, Outback Steakhouse, Brownstone, Flemings, and more), making it an ideal destination for residents and business patrons alike. Whether you're seeking a lucrative investment opportunity or a desirable place to relocate, this mixed-use property offers the perfect blend of income potential, convenience, and lifestyle appeal. Don't miss out on this exceptional opportunity to own a piece of Edgewater's thriving community.
Property Details
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Overview
Property Type
3 Family
Days on Site
511 Days
Parking
No
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Estimated Monthly Payment
Purchase Price:
$1,350,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
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Transit & Commute
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Car-Dependent
Walkable
Very Walkable
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