24 Little Falls Rd, Fairfield Twp. NJ 07004-1913

Property City
Fairfield Twp.
Property Media
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Property Price
$1,450,000
Year Built
1979
Tax Annual Amount
$15779
TaxYear (*text)
2024
Roof (*text)
Flat
Floors No
Laminate
Lot Size Area
0.66
MLS Status
Active
MLS #
4004675

Prime Commercial Property- Prime commercial real estate property located in the heart of Fairfield.- Features a shopping strip with five distinct units suitable for various businesses.- Offers ample parking, attracting a steady flow of customers.- Strategically located near major routes RT 48 and 80 for high visibility and easy access.- Low rent that has remained unchanged for the past seven years.- Opportunity for the new owner to increase the rent by 10% to 15% with a new triple net lease agreement.- All units are currently occupied, demonstrating sustained demand.- Tenants are responsible for their own utilities, reducing the owner's operational costs.- Presents a lucrative investment opportunity with immediate returns and promising future growth.This prime property is a commercial real estate gem located in the bustling heart of Fairfield. It features a shopping strip with five distinct units, each boasting its own unique potential for various retail or service-based businesses. Lender may require flood insurance.

Yearly Tax Rate
2.136
Year Built (*numeric)
1979
Basement
Yes
Roofing (*text)
Flat
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Central Air, See Remarks
GarageSpaces
23
Heating
Baseboard - Hotwater
Lot Size Dimensions
140X206
Property Location

40.88784, -74.27621

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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762