Keller Williams Realty Empire
1/13
Listing Courtesy Of: ROYAL SIGNATURE REALTY LLC, 201-943-9400, MIRJANA LAMBASA
Listing Sold By: ROYAL SIGNATURE REALTY LLC
Local Realty Services Provided By: Keller Williams City Views
Overview
What It'll Cost
Neighborhood
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$1,880,000
371 GORGE RD, Cliffside Park, NJ 07010
10 Beds
6 Baths
$1,880,000

371 GORGE RD, Cliffside Park, NJ 07010

Estimation provided by Keller Williams Realty Inc.
10 Beds
6 Baths
Under Contract
For Sale
Virtual Tour

Property Description

AAA location on prestigious Gorge Rd in Cliffside Park,  a dramatic, income-producing, 6-family. This is an investment opportunity not to be missed on the most desired street of River Road. Convenient access to transportation options such as buses, ferries, and light rail; commuting to Manhattan is a breeze. Tenants will appreciate the short travel time to Midtown and Downtown NYC, allowing them to enjoy all the benefits of city living while residing in the tranquil setting of Cliffside Park.                     *** INVESTOR'S DREAM!!! *** Meticulously cared for years, hardwood flooring inlays, roof is only 10 years old , new energy efficient  boiler, * 6 Car Parking *, and much more. This building has had the same ownership for the last 40 years. The building is fully occupied and generates a net annual income of $140.940(5.8%) per year with potential rent of (6.7%). Beautiful boutique building for sale - investment opportunity, this rare gem is not to be missed on the  most desired street off River Road.

Property Details

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Overview
Property Type
4 Family
Days on Site
163 Days
Parking
Yes

Activity History

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Purchase Price: $1,880,000
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Price & Tax History

Date
Event
Price
10/10/2024
Price Decrease
$1,880,000
(-1.05%)
10/10/2024
Listed
$1,900,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$19,401
(+4.33%)
$725,000
Land 257,700 + Additions 467,300
2022
$18,596
(+1.91%)
$725,000
Land 257,700 + Additions 467,300
2021
$18,248
(+3.07%)
$725,000
Land 257,700 + Additions 467,300
2019
$17,705
(+0.16%)
$725,000
Land 257,700 + Additions 467,300
2018
$17,676
(+1.92%)
$725,000
Land 257,700 + Additions 467,300
2017
$17,342
$725,000
Land 257,700 + Additions 467,300
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from Palisade Ave
Car-Dependent Walkable Very Walkable
NYC - Brooklyn Bay Ridge

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