Mixed Use For Sale - 100% Leased

7609 Broadway North Bergen, NJ 07047

7609 Broadway, North Bergen, NJ, 07047
7609 Broadway, North Bergen, NJ, 07047 7609 Broadway, North Bergen, NJ, 07047 7609 Broadway, North Bergen, NJ, 07047 7609 Broadway, North Bergen, NJ, 07047
FOR SALE
Property Type:
Street Retail
Amount:
$750,000
Last Verified:
Feb 16, 2022

Highlights

  • Great Investment Property
  • Mixed Use: Retail/Residential
  • Brick Construction
  • Low Taxes: $11,103
  • Busy part of town
  • Easy commute

Description

Investment Opportunity in heart of North Bergen. Retail plus two apartments above. Fully leased with escalations. Rent controlled apartments. One renovated with market rent, the other creates added-value when renovated in future. Good income, long term tenants.

Centrally located between the GW Bridge and the Lincoln Tunnel, minutes to the NJ Turnpike, Routes 1, 9, and 3. Maximum exposure on Broadway in business and retail district.


Year Built: 1920
Building Size: 2982sq ft
Lot Size: 0.04 acres

Map of 7609 Broadway, North Bergen, NJ, 07047

Presented by:
Keller Williams Valley Realty

Request additional information
Gina M. Palumbo


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.