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198 Market St Elmwood Park, NJ $ 875,000
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$ 875,000 Get more info
198 Market St
$ 875,000
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198 Market St

Elmwood Park, NJ, 07407
$ 875,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,240

198 Market St, Elmwood Park, NJ 07407 - Image 1

Commercial Property for sale in Elmwood Park, NJ

for $875,000 with 3 half baths. This building was built in 1940 on a lot size of 0.18.

Prime investment opportunity! This three-unit strip mall is located in the heart of Elmwood Park's bustling downtown district. Situated on a 51x150 lot, the property offers excellent visibility on a high-traffic road, making it ideal for retail businesses looking to attract foot and vehicle traffic.With 10+ parking spaces conveniently located at the rear of the building, this property provides easy access for customers. Its strong rental history makes it a stable investment, with current tenants benefiting from the mall's high visibility and proximity to major highways, offering seamless access to Route 80, Route 46, and the Garden State Parkway.This versatile commercial property is perfect for investors or business owners looking for a well-maintained, high-traffic retail location in a growing area. Don't miss out on this rare opportunity to own a piece of Elmwood Park's thriving commercial landscape!

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Commercial Active

Price

$ 875,000

Half Bath

3

Property Type

Commercial

Taxes

$ 13,464

Style

Strip/Shopping Center

Lot Size

0.18

Year Built

1940

Town/City

Elmwood Park

County/Region

Bergen

MLS | Web ID

3930156
Features
General
Sewer Public Sewer
Construction Brick/Block
Heating 3 Units
Cooling See Remarks
Utilities Gas-Natural
Possession 0-30
Roof Composition Shingle Flat
Zoning commercial
Garage Spaces 12
Year Built 1940
Township Elmwood Park Boro
Property Type Strip/Shopping Center Strip/Shopping Center
Tax Year 2023
FULL Fee Simple
Location Business District
County Bergen
Status Active
Directions Market St between Mulberry and Chestnut
NumberOfUnitsTotal 3
Tax Annual Amount 13464
Drive Common Parking Lot-Exclusive Parking Lot-Shared
Leasable Area 800
Standard Status Active
Tax Assessed Value 450000
Town # 1111
Tax Lot 3
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Exterior
Water Source Public Water
Exterior Description Brick/Block
Building Area Total 3800
Lot Dimensions 51X150
Lot Size Acres 0.18
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Interior
Fuel Type Gas-Natural
Total Stories 2
Half Baths 3
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* Excluded Features
List By
MICHAEL N TODARO

Listing Agent

Serhant New Jersey Llc

Broker

Affordability Calculator

$6,362
Per Month
82%
18%
0%
Monthly Principal & Interest
$5,240
Monthly Property Taxes
$1,122
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/18/2024$875,000 Listed Price

Map

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198 Market St, Elmwood Park, NJ, 07407 is a Commercial Property for sale at $875,000 with a lot size of 0.18. 198 Market St was built in 1940. The property's zip code is 07407 which is in Elmwood Park, NJ

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