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1226 Tilton Road,  Northfield NJ, 08225

(Active)
$1,300,000
|
3,024 sqft
|
MLS# NJAC2010862
Last Updated: 5/14/2024 7:29 PM
Description for 1226 Tilton Road Northfield, NJ 08225
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!
Price
$1,300,000
ATLANTIC
3,024 (approx)
NJAC2010862
Active
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!
Listing Information
Property Type: Office, Business Opportunities, Other
3,024 (approx) 2010 Stucco
Public
Public Sewer
1 Total
Neighborhood
Room Information
Interior Features
Ceramic Tile
Central Air
Gas Heat, Forced Air
Exterior / Lot Features
15 Parking Spaces,
Stucco
100.00 x 0.00
Driving Directions
TILTON RD, NEAR MCDONALDS
Financial Considerations
18-00108-00032
$29,171
Listing Price History

Northfield Real Estate

Northfield is located in New Jersey. Northfield, New Jersey 08225 has a population of 8,474.

The median household income for the surrounding county is $64,989 compared to the national median of $66,222. The median age of people living in Northfield 08225 is 42 years.

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Courtesy: BHHS Fox & Roach-Northfield
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/14/2024 7:29 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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