New Jersey Homes and Estates
Listed by New Jersey Homes and Estates
$1,655,000
86 Center Street
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,779
Units 6
Cap Rate 7.85%
NOI $130,000
Occupancy 90%
Price per SqFt $346
Broker Co-Op Yes
Buildings 1
Stories 3
Investment Type Owner/User
Ownership Private
Multifamily | 6 Units | $275,833/unit
Marketing description
Great opportunity to own a solid as-is 6-family building in a desirable Clifton location. The property features six spacious 3-bedroom, 1-bath units, all with strong rental appeal and excellent long-term upside. Conveniently located near major highways, transportation, shopping, and schools, this is an ideal value-add investment for buyers looking to enhance and maximize future returns.
Investment highlights
-90% occupancy
-Renovated units
-Value-add
Listing Contacts
New Jersey Homes and Estates
Listed by New Jersey Homes and Estates
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$130,000.00
$10,833.33/mo
Valuation Metrics
0
DSCR
7.85%
Cap Rate
7.85%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Is there information that looks off?
