For Sale
Asking Price - $2,850,000
Days on Market - 179
545 Valley Brook Avenue
Lyndhurst, NJ 07071
Asking Price
$2,850,000
Days on Market
179
Bedrooms
12
Full Baths
11
Partial Baths
1
Age
73
Heating
Gas
Cooling
Central Air
Fireplace
None
Basement
Unfinished
Garage
Park Space
Taxes
$34,625
Additional Details Below
EveryHome Realtor
Views : 22
Description
8 UNIT APARTMENT BUILDING! The August is a fully renovated 8 unit, residential apartment building with $20,000 a month gross income. Includes an immense unfinished basement storage rental. This gorgeous one story, 9,646 sf freestanding complex boasts 12 bedrooms, 11.5 bathrooms, laundry in units and all separate utilities. The parking lot consists of 11 spaces total including 1 handicap, 2 covered and 2 tandem in the driveway. There is additional guest parking for about 4 more vehicles tandem in the alley/driveway adjacent to the building. Other highlights include: front entry foyer with mail center, main lobby, rear foyer with half bath, access to parking and unfinished basement w/storage space rental. Each unit is equipped with forced hot, central air, individual water meters, granite counters, led lighting and hardwood and tile flooring throughout. Pet friendly community. Situated on a 76 x 181 lot. Yields a 6.6% cap rate with a net annual income of $188,300
Location
Listing Details for 545 Valley Brook Avenue
Summary
Architectural Type
• 4 Family
Garage(s)
• Carport, Park Space, Tandem
Lifestyle
• Close/School, Close/Shopg, Close/Trans, Close/Wrshp, One Floor Living
Utilities
Additional Utilities
• Seperate Electric, Seperate Gas, Seperate Heat, Seperate Water
MLS Number : 22030183
Listing Courtesy: George Rosko (g.rosko@att.net) of Coccia Realty Better Homes & Gardens/Lyndhurst
Notes
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than EveryHome Realty Inc. are marked with the Internet Data Exchange logo and information about them inclues the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All infromation deemed reliable but not guaranteed. Last date updated: Feb/06/2023. Source: new Jersey Multiple Listing Service, Inc.
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Real estate listings held by brokerage firms other than EveryHome are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
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