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The Pilgrim 204 Church St

22 Unit Apartment Building $6,795,000 ($308,864/Unit) Boonton, NJ 07005

Apartment Buildings New Jersey Boonton 204 Church St, Boonton, NJ 07005

Executive Summary

WELCOME TO THE PILGRIM! This 22-unit multifamily property in the rapidly growing town of Boonton, NJ offers an incredible VALUE-ADD investment opportunity. Each apartment offers oversized square footage that sets this building apart from others. 9 units have been totally updated and there’s more growth opportunity to update and increase below market rents. The building is very well-maintained and ownership has invested over 1M of updates through the years. Bonus cell tower on the roof producing $29,800 in annual income. Located in a booming area near shops, restaurants, and major transit, this property offers stable cash flow with significant upside in a highly desirable market. Text George Marogi for additional information (201) 694-9054

Property Facts

Price $6,795,000 Building Class C
Price Per Unit $308,864 Lot Size 0.20 AC
Sale Type Investment Building Size 42,000 SF
No. Units 22 Average Occupancy 100%
Property Type Multifamily No. Stories 6
Property Subtype Apartment Year Built 1920
Apartment Style Mid Rise
Price $6,795,000
Price Per Unit $308,864
Sale Type Investment
No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.20 AC
Building Size 42,000 SF
Average Occupancy 100%
No. Stories 6
Year Built 1920

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • Laundry Facilities
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Walk Score ®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code R-3A, Boonton
R-3A, Boonton
(201) 592-8900 x101

Contacts

  • Listing ID: 33479518

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 204 Church St, Boonton, NJ 07005

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The Pilgrim | 204 Church St
(201) 592-8900 x 101

The Pilgrim | 204 Church St

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Tony Nabhan

(201) 592-8900

x101

(201) 592-8900 x101

George Marogi

(201) 592-8900

(201) 592-8900

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