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Michael Santini Broker/Owner
(732) 469-2333

Golden Key Realty

1934 Washington Valley Road
Martinsville, NJ 08836
Phone: 732 469-2333

14 Plainfield Avenue
Piscataway, NJ 08854
732) 885-1188 Office
(732) 885-1230 Fax

Email: See Agents under More

Our Past...
At Golden Key Realty, we take great pride in being a family-operated business. Since 1972, our founder, Joseph Santini, pioneered the old-fashioned values of hard work and honesty as the cornerstone of our company. Today, his sons, Michael and David Santini, take great pride in continuing in their father’s footsteps. By adhering to the “Golden Rule”, our family of fine agents continues to strive to the utmost in personal service and commitment to our clients.


Our Present...
By combining our first-hand knowledge of our community, our deep understanding of the current real estate market and trends with state-of–the-art technology and unparalleled service we are ready, willing and able to meet all your real estate needs.


Your Future...
is our number one concern. Whether you are buying, selling, building, investing or renting we are prepared to listen to your needs, promote your interests and get the job done. We value our clients and know that working well together is the key to success.

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$825,000 For Sale

120 North Ave
Dunellen Boro, NJ 08812

12 units |

lot: 7405 sq ft
Commercial: Apartment Complex - MLS# 3552075
Property Photo
1/5

Description

12 studio apartments each apartment has it's own full bath. Great income producing property. Building is well maintained and has low tenant turnover. Located in the downtown business district. Close to the train station and near shopping areas. approx cap rate of 8%-9% , low turnover. must be sold with 124 north ave. 126 north avenue also available. Income and expenses provided upon request.

Features

  • Approximate Lot Size: 50X150
  • Building Sq Ft: 3500
  • Construction: Brick/Block
  • Construction Date/Year Built Des: Approximate
  • Cooling: Window A/C(s)
  • County/Area: Middlesex County
  • Directions: route 22 to washington ave to left on north ave. #120 across from the rock ice skating rink.
  • Equipment Available: Smoke Detector
  • Exterior Description: Brick/Block, Vinyl Siding
  • For Sale Or Lease: For Sale
  • Fuel Type: Gas-Natural
  • Gross Operating Income: 119420
  • Heating: 1 Unit, Baseboard - Hotwater
  • Listing Status: Active
  • Location: Business District, Freestanding
  • Lot Identifier: 21
  • Lot Size: 0.1700
  • Max Ceiling Height: 7
  • Net Operating Income: 75456
  • Num Apts: 12
  • Num Units w/Full Bath: 12
  • Number of Lavatories: 12
  • Number of Stories: 2
  • Parking/Driveway Description: Parking Lot-Shared, Crushed Stone, Blacktop, Off-Street Parking
  • Permitted Use: Rooming house
  • Primary Property Type: Apartment Complex
  • Prior Use: rooming house
  • Property Type: Commercial
  • Roof Description: Asphalt Shingle
  • Sale Includes: Building & Land
  • Sewer: Public Sewer
  • Sub Type: Apartment Complex
  • Subdivision: Bus District Near Train
  • Subdivision/Neighborhood: Bus District Near Train
  • Tax Amount: $19,745
  • Total Operating Expense: 43964
  • Units: 12
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Year Built: 1970
  • Zip Code: 08812
  • Zoning: business

Courtesy of:

  • More info
  • Teresa Avin
    Broker Associate
    REALTOR-ASSOCIATE®
    Notary Public

    Golden Key Realty
    1934 Washington Valley Rd
    Martinsville, NJ 08836
    Office: 732-469-2333
    Fax: (732) 469-2645
    Email: teresaavin@gmail.com
  • More info

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