Excellent opportunity to own a cash-flowing 4-family rental property with strong upside potential to convert to a 6-family (buyer to verify zoning and approvals). Ideally located near shopping, dining, and public transportation, this property checks all the boxes for investors seeking stable income today and growth tomorrow.Each unit offers functional layouts with separate living spaces, making it attractive to long-term tenants. The building is well-suited for continued rental operation while exploring value-add opportunities through unit upgrades, rent optimization, or potential expansion.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| For Sale ~ Price Changed MultiFamily | $779,000 -2.5% | COCCIA REAL ESTATE GROUP LLC., East Hanover, NJ | ||
| Listed For Sale MultiFamily | $799,000 | COCCIA REAL ESTATE GROUP LLC., East Hanover, NJ |
| Year | Annual Amount | Description |
|---|---|---|
| 2025 | $22,011 |
Elementary School Number 4 | 0.1 miles away | PK - 06 | |
Elementary School Number 10 | 0.9 miles away | KG - 06 | |
Elementary School Number 8 | 1.3 miles away | KG - 06 |