201 Boonton Ave, Boonton, NJ 07005

$1,500,000 List Price
Accepted Offer
 
Listing ID 11838506
Property Type Multi-Unit
County Morris
Township Boonton Town
Total Tax $22,290
FEMA Flood Map fema.gov/portal
Year Built 1859
   
Virtual Tour

12 BR | 7 BA | 3-Three Story | Boonton

THIS IS A RARE CHANCE TO PURCHASE A WELL KEPT MIXED USE BUILDING THAT HAS BEEN IN THE SAME HANDS FOR NEARLY 3 DECADES! The property offers a balanced mix of income streams with five residential apartments, a ground level storefront and a dedicated office space. The building has been consistently maintained and cared for over the years, which shows in both its condition and long term tenant stability. The residential units are fully occupied, and the the store fronts have strong visibility and steady foot traffic. Buildings with this kind of track record rarely come to market. It's a solid choice for investors looking for stability, long term performance and the upside that comes with a prime location. Includes addresses 201-203.
Property Details
  • 12 Total Bedrooms
  • 7 Full Baths
  • 0.12 Acres
  • Built in 1859
Community Details
  • Basement Access
Taxes and Fees
  • $22,290 Total Tax
Listed By
Weichert, Realtors - Morris Plains/Corporate Headquarters Sales
Office: 973-984-1400
Mobile: 646-402-2002
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