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Ram Bala

ram.bala@kw.com +1(703) 403-5338

$ 1,300,000

Est. payment -/mo

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Active

1226 TILTON RD Northfield, NJ 08225

3,024 SqFt

UPDATED:

10/30/2024 05:56 AM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,024 sqft

Price per Sqft $429

MLS Listing ID NJAC2012978

Originating Board BRIGHT

Year Built 2010

Annual Tax Amount $29,171

Tax Year 2023

Lot Dimensions 100.00 x 0.00

Property Description

Introducing the lucrative investment opportunity at 1226 TILTON RD, NORTHFIELD! This impressive property boasts a promising 2022 PRO FORMA income of $144,000, making it an ideal addition to your real estate portfolio. Generating an attractive gross income of $144,000, this property is highly appealing to savvy investors looking for substantial returns. Additionally, the net income of $88,898 showcases its potential for long-term profitability. Operating costs are efficiently managed with expenses totaling $55,102. These include expenses like taxes of $29,171, insurance at $6,477, maintenance at $11,850, landscaping costs of $7,204, and affordable sewer expenses of only $400. The prime location of 1226 TILTON RD, NORTHFIELD adds further value to this investment opportunity. Prominently situated in a desirable area, this property benefits from high visibility and easy accessibility. Whether you're an experienced investor or a first-time buyer, this commercial real estate gem offers tremendous potential for future growth and success. Don't miss out on the chance to own 1226 TILTON RD, NORTHFIELD - an income-generating asset that will exceed your expectations. Take advantage of this remarkable offering today!

Location

State NJ

County Atlantic

Area Northfield City (20118)

Zoning C-B

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Ceramic Tile

Heat Source Natural Gas

Exterior

Garage Spaces 15.0

Waterfront N

Water Access N

Roof Type Flat

Accessibility Level Entry - Main

Parking Type Parking Lot

Total Parking Spaces 15

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Northfield City Schools

Others

Tax ID 18-00108-00032

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Listed by Richard Baehrle • BHHS Fox & Roach-Northfield

Ram Bala

Agent | License ID: 0225064126

+1(703) 403-5338

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Ram Bala

Ram Bala

1226 TILTON RD Northfield, NJ 08225

Key Details

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1226 TILTON RD