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1226 Tilton Road Northfield, NJ 08225
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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
Listed by BHHS FOX and ROACH-Northfield