Tremendous visibility on a main thoroughfare with commuter traffic. Utilities are active supporting a 7.2% CAP rate with two current tenants. A preferred location for contractors and businesses. Property is perfectly suited for contractor parking, equipment storage, as a hub for NJ and NY services or distribution. The current tenants pay the costs of existing water, gas and electric service; both are month to month and willing to sign long term agreements. The property is suitable for many uses; continue with the existing or re-purpose.
Sold for $315,000 on 12/04/23
$315,000
1541 Greenwood Lake Tpke, Hewitt, NJ 07421
0beds
0baths
--sqft
SingleFamily
Built in ----
3.58 Acres Lot
$344,900 Zestimate®
$--/sqft
$2,859 Estimated rent
Owner options
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$344,900
2% more+$6,898
With Zillow Showcase(estimated)$351,798