This Multifamily Property is no longer advertised on LoopNet.com.

2 John St
Haledon, NJ 07508
 Multifamily Property For Sale · 31 Units

Apartment Buildings New Jersey Haledon 2 John St, Haledon, NJ 07508

INVESTMENT HIGHLIGHTS

  • THE INVESTMENT: 30-Unit, 4-Story, New Construction Apartment Building with A Separate 5,950 Retail Space on the Same Parcel Which is Currently Approve
  • EXCEPTIONAL RENT GROWTH: Haledon, NJ Has Seen Rent Grow 8.5% Over the Last 2 Years with Internal Upside at 23%.
  • ATTRACTIVE UNIT MIX: 93% 2 Bedroom Style Apartments with a Breakdown of 1 One-Bedroom, 1 One-Bedroom Den, 18 Two-Bedroom, and 10 Two-Bedroom Loft Apar
  • ASSUMABLE DEBT: The Property has Attractive Assumable Debt with a 3.28% Interest Rate Until 2033 and One Year of IO Left (12/30/2024).
  • UTILITY BREAKDOWN: Tenants are Responsible for their own Separately Metered Electric, Water, and Gas.

PROPERTY FACTS

No. Units 31
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class B
Lot Size 1.00 AC
Building Size 47,195 SF
Average Occupancy 100%
No. Stories 3
Year Built 2018
Parking Ratio 1.16/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Oven
  • Stainless Steel Appliances
  • Island Kitchen

SITE AMENITIES

  • Fenced Lot
  • Elevator

LINKS

PROPERTY TAXES

Parcel Number 03-00120-0000-00022 Improvements Assessment $2,350,000
Land Assessment $750,000 Total Assessment $3,100,000
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  • Listing ID: 30896797

  • Date on Market: 2/7/2024

  • Last Updated:

  • Address: 2 John St, Haledon, NJ 07508

More public record information on 2 John St, Haledon, NJ 07508

The Multifamily Property at 2 John St, Haledon, NJ 07508 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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