56 Unionville Ave
Sussex, NJ 07461
10 UNIT - OPPORTUNITY ZONE PROPERTY * · Multifamily Property For Sale · 10 Units
INVESTMENT HIGHLIGHTS
- OPPORTUNITY ZONE
- 100% OCCUPIED
- No Rent Control
- SEPARETELY METERED UTILITIES
- MUNICIPAL WATER / SEWER
- Long Term Tenants
PROPERTY FACTS
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 9,660 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.44/1,000 SF |
UNIT AMENITIES
- Balcony
- Dishwasher
- Eat-in Kitchen
- Family Room
SITE AMENITIES
- Laundry Facilities
ABOUT 56 UNIONVILLE AVE , SUSSEX, NJ 07461
OPPORTUNITY ZONE PROPERTY ! TREMENDOUS TAX ADVANTAGES. 100% OCCUPIED. Fully rented 10-Unit Garden-Style apartment building with 10 rental garages. Solid brick masonry construction with recent improvements including renovated decks and newer water heaters. All utilities separately metered to the tenants. Municipal Water & Sewer Ample parking, 600-Amp service to the building with 100-amp individually metered service per apartment, which provides all tenant infrastructure; hot water, heat, and cooking. OPPORTUNITY ZONE INFORMATION - FOLLOW LINKS ON LISTING AND READ ATTACHMENT.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+2 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 21-00504-0000-00023 | Improvements Assessment | $667,100 |
| Land Assessment | $54,800 | Total Assessment | $721,900 |
ZONING
| Zoning Code | R-2 |
