8 Main St Chatham Boro, NJ $ 1,300,000
8 Main St
$ 1,300,000
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8 Main St

Chatham Boro, NJ, 07928
$ 1,300,000
Bedrooms-- Baths9.0

Monthly Estimate*

$ 7,373

8 Main St, Chatham Boro, NJ 07928 - Image 1
8 Main St, Chatham Boro, NJ 07928 - Image 2
8 Main St, Chatham Boro, NJ 07928 - Image 3
8 Main St, Chatham Boro, NJ 07928 - Image 4
8 Main St, Chatham Boro, NJ 07928 - Image 5

Commercial Property for sale in Chatham Boro, NJ

for $1,300,000 with 9 full baths. The lot size is 128X166.

PRIME LOCATION at the high visibility entrance to eastern Morris County. Former location of real estate office. This property is uniquely situated off Rt. 24, at the border of Essex and Union Counties near the Short Hills Mall, and a short drive to Newark Airport. Located in the B-5 office district, the subject is currently a mixed use consisting of 9 units: 5 residential apartments in one building that is separated by breezeway to a building containing 4 commercial rental units. All current tenants are on month to month leases, and vacant units have not been re-rented in order to give a new buyer total flexibility to re purpose the site or reconfigure buildings/units. Rental information shows prior rents for units that have been vacated. The commercial building also has a finished lower level that is accessible through space formerly occupied by owner's real estate company. Per an appraisal, the combined size of the two buildings is approximately 5584 sq. ft. (2064 commercial- 3520 residential). There is paved, onsite parking for approximately 15 cars. Property being sold "as-is" to settle estate.

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Commercial Active

Price

$ 1,300,000

Full Bath

9

Property Type

Commercial

Taxes

$ 27,042

Style

Mixed Use

Lot Size

128X166

Town/City

Chatham Boro

County/Region

Morris

MLS | Web ID

3763064

Features
Interior
Appliances Smoke Detector
Basement Basement Partial Basement Partially Finished Walk-Out
Cooling System Central Air Multiple Units Window Unit(s)
Flooring Carpet(s) Laminate Flooring Tile Flooring
Heating System 3 Units Electric Auxilliary Heat Forced Air Hot Water Baseboard Heat
Room Features Kitchen
Sewer Public Sewer
Water Source Public Water
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Exterior
Construction Brick & Block
Driveway Blacktop
Lot Description Open Lot
Parking Exclusive Off Street Parking
Roof Asphalt Shingles
Siding Concrete Siding Vinyl
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Miscellaneous
Commercial Private Restroom Sale Includes Building & Land
Location Business District
Utilities Electric Natural Gas
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Rental
Lease Terms Month to Month
Owner/Landlord Pays Utilities
Tenant Pays Cable No Utilities
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* Excluded Features
List By
Coldwell Banker Realty

Broker

Affordability Calculator

$9,627
Per Month
77%
23%
0%
Monthly Principal & Interest
$7,373
Monthly Property Taxes
$2,254
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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8 Main St, Chatham Boro, NJ, 07928 is a Commercial Property for sale at $1,300,000 with a lot size of 128X166. 8 Main St has 9.0 baths. The property's zip code is 07928 which is in Chatham Boro, NJ