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134 Ledge-Landing Rd 2,000 sq ft 100% Let Retail Property Landing, NJ 07850 £627,960 (£313.98/sq ft)
EXECUTIVE SUMMARY
Prime Mixed-Use Investment Opportunity in Landing, NJ! This FHA-approved property offers strong rental income, a scenic pond at the property line perfect for fishing and relaxing views, and is located in a high-demand area with excellent access to major highways (80, 46, 10, 206), just a short walk to the train station and under two miles from the elementary school. It features a spacious 2-bedroom apartment renting for $2,350/month, a cozy studio generating $1,595/month, and a versatile three-room commercial unit with a kitchen and full bath two rooms currently rented for $1,950/month. The property also includes a potential income-generating parking lot adding $400+ monthly. Solar panels are approved for the property, providing long-term energy savings, and there's opportunity to install an advertising billboard for additional income. Zoned B1 Commercial, it allows for flexible mixed-use or redevelopment. With consistent cash flow, strong ROI, and the option to live on-site while managing, this is a rare and valuable investment opportunity you don't want to miss!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
2,000 sq ft
Costar Property Class
B
Year Built
1977
Price
£627,960
Price per sq ft
£313.98
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
0.09
Total Plot Size
0.52 ac
Use Class
B-1 - Retail & Mixed use
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 36-10101-0000-00026 | Improvements Assessment | £122,392 |
| Land Assessment | £79,701 | Total Assessment | £202,092 |
PROPERTY TAXES
Parcel Number
36-10101-0000-00026
Land Assessment
£79,701
Improvements Assessment
£122,392
Total Assessment
£202,092
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134 Ledge-Landing Rd
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