16 North Ave W
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16 North Ave W
4,000 SF 100% Leased Office Building Cranford, NJ 07016 $1,350,000 ($338/SF)
INVESTMENT HIGHLIGHTS
- In The Heart Of The Cranford Business District, Across From The Cranford Train Station, Fully Leased, Community Parking Lot & Ample Street Parking
- Front & Rear Building Access. Tremendous Foot Traffic Street
EXECUTIVE SUMMARY
Tremendous investment opportunity Wonderful historical designated mixed used building in the heart of Cranford, NJ. Across the street from the Cranford Train Station. First floor Retail and Basement Office Space Are Newly Leased By A Bubble Tea Shoppe. Two spaces with apartments above are also fully leased out. Contact Janice with all questions, rent roll info and assistance.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
1912/2024
Price
$1,350,000
Price Per SF
$338
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,333 SF
Building FAR
2.30
Lot Size
0.04 AC
Zoning
4A - Commercial - Commercial
AMENITIES
- Storage Space
- Open-Plan
1 of 1
Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 03-00189-0000-00003 | Improvements Assessment | $145,800 |
| Land Assessment | $43,200 | Total Assessment | $189,000 |
PROPERTY TAXES
Parcel Number
03-00189-0000-00003
Land Assessment
$43,200
Improvements Assessment
$145,800
Total Assessment
$189,000
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16 North Ave W
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