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$770,000
Est. payment /mo
2,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $320
MLS Listing ID 4038717
Year Built 1956
Annual Tax Amount $12,701
Tax Year 2025
Lot Size 4,791 Sqft
Property Description
UNBELIEVABLE REDEVELOPMENT/INVESTMENT OPPORTUNITY! PRIME .16-ACRE PROPERTY LOCATED IN THE DOWNTOWN DEVELOPMENT (DD) ZONE OF BERKELEY HEIGHTS. THE PROPERTY FEATURES A 2,400 SF RETAIL BUILDING WITH TWO TENANTS OFFERING IMMEDIATE INCOME POTENTIAL WHILE PLANNING FOR FUTURE REDEVELOPMENT. THIS PARCEL MAY ALSO BE COMBINED WITH THE ADJACENT PROPERTY AT 481 SPRINGFIELD AVENUE (MLS # 4038714), CREATING A COMBINED SITE OF APPROXIMATELY .50-ACRE FOR EXPANDED DEVELOPMENT POSSIBILITIES.
Location
State NJ
County Union
Zoning DD
Interior
Heating Gas-Natural
Cooling 1 Unit
Equipment Appliances, Fire Alarm, Kitchen Area, Restrooms - Private, Sign - Building, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks
Utilities Available Electric
Roof Type Flat
Building
Lot Description Level Lot
Story 1
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by BHHS FOX & ROACH
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Lynn Fitzgerald
Team Lead | Realtor® | License ID: 0123770
Team Lead | Realtor® License ID: 0123770