5+ Mixed Use For Sale in East Rutherford, NJ
MLS# : 24031710
PROPERTY DETAILS
PROPERTY DESCRIPTION
Mixed Use Building in Prime Location! This property is a two-story mixed-use building within the NC: Neighborhood Commercial zone located directly across from the Rutherford train station. Four retail spaces and four 2 bedroom apartments. Full basement w/mechanicals & storage. Small outdoor area in the rear of the property. Strengths of this investment are proximity to train station, the upside potential in rent, and exposure and visibility from Park Avenue and the train. Low taxes. Please note, this sale is for the real estate only and does not include any of the current businesses. Additional details and financials available upon request.
Amenities
This listing is a courtesy of ERA/Justin Realty Co.
(201) 939-7500 office, listing agent Jennifer Darby Metzger
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
About East Rutherford, NJ Real Estate Market
The borough's formation had started in 1889 when a portion of the old Union Township was taken from the Boiling Springs Township, which was then renamed East Rutherford during the Boroughitis phenomenon, which took place in the Bergen County in 1894. With the formation of East Rutherford, the Boiling Springs Township has dissolved altogether.
While East Rutherford has New Jersey real estate of all forms, ranging from usual to luxury homes, the town is home to several sports teams and stadiums for them. The biggest sports arena in East Rutherford is Meadowlands Sports Complex, which includes Meadowlands Arena and MetLife Stadium. East Rutherford is the smallest town in the USA to host a Super Bowl event. East Rutherford is home to five professional sports teams, despite having a population of just 10,000 residents. Apart from major sports complexes, East Rutherford is also home to the American Dream, one of the largest shopping centres and entertainment complexes in New Jersey real estate.
| Population: | 8,913 |
| Total Housing Units: | 4,018 |
| Single Family Homes: | 1,953 |
| General Tax Rate (2023): | 1.623% |
| Effective Tax Rate (2023): | 1.516% |
| Compare To Other Towns |
East Rutherford Market Indicators
PRICE INDEX
| Average Price* (12mo): | $665,932 |
| Homes Sold* (12mo): | 16 |
SINGLE FAMILY HOME SALES
East Rutherford, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 1.623% |
| Effective Tax Rate (2023): | 1.516% |
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 Madison Adams 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.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc.
All information deemed reliable but not guaranteed. Last date updated: 11/19/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
“©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”
General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
