Sold

371 Gorge Road

Cliffside Park NJ, 07010

$1,850,000


Sold

10 Beds

Multi-family

Bought with Mirjana Lambasa with Royal Signature Realty, LLC and Listed by Mirjana Lambasa with Royal Signature Realty, LLC 2018054173

*AAA location* A dramatic, *income-producing 6 FAMILY UNIT* on prestigious Gorge Rd in Cliffside Park. Convenient access to transportation options such as buses, ferries, and light rail; commuting to Manhattan is a breeze. Tenants will appreciate the short travel time to Midtown and Downtown NYC, allowing them to enjoy all the benefits of city living while residing in the tranquil setting of Cliffside Park. *** INVESTOR'S DREAM!!!Meticulously cared for years, hardwood flooring inlays, roof just 10 years old , new energy efficient boiler * 6 Car Parking, and much more. This rare gem has same ownership for the last 40 years. The building is fully occupied and generates a net annual income of (5.8%) per year with potential rent of (6.7%). This beautiful boutique building is an investment opportunity not to be missed on the most desired street of River Road.

24033076

MLS ID

October 12, 2024

Listed

November 30, 2024

Updated

Map

371 Gorge Road
Cliffside Park NJ, 07010

Interior Features

Bedrooms

10


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Architectual Style

5+Family

Other Property Details

Taxes

$18,586


Tax Frequency

Annually


Garage

No


View

No


County

BERGEN


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/29/2024

Price change

$1,850,000

-2%

11/29/2024

Sold

$1,850,000

10/29/2024

Pending

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than TK Real Estate Group Inc are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  11/30/2024 

Source:  New Jersey Multiple Listing Service, Inc.

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