1226 Tilton Road Active

Northfield,NJ 08225

$ 1300000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 580837

Style Commercial

Annual Tax Amount $28,736

Tax Year 2022

Lot Size 0.510 Acres

Property 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!

Location

State NJ

County Atlantic

Community Northfield

Area Northfield City

Location Details Business District,Highway,Mainland,See Remarks

Rooms

Basement Slab

Interior

Interior Features Handicap Features

Heating Forced Air

Exterior

Exterior Feature Sign

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public

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