Unique income producing 3 family plus 2 retail unit investment property in the heart of Lyndhurst! Steps away from train station for easy commuting! Fully leased building features 2 storefronts plus 3 apartments (Two 3 bedroom units (or 2 bedroom plus dining room) and a 1 bedroom unit), all fully occupied with favorable rents with 5.5% increases built in. Large piece of property with lots of parking in rear. Yearly income: $91,548 and Yearly Expenses: $23,026. "Bones" have been well maintained and units have in between tenants. Newer roof, furnaces, and water heater. Tenants pay own electric and gas, landlord pays heat and water. Potential to expand up or out in rear, buyer should do own due diligence with Lyndhurst Twp. Buyer responsible for obtaining C/O.
Active
Price cut: $100.1K (4/29)
$999,900
232 Stuyvesant Ave UNIT N/A, Lyndhurst Twp., NJ 07071
--beds
5baths
--sqft
Est.:
Apartment
Built in 1920
-- sqft lot
$972,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 133 days
- on Zillow |
- 259 |
- 7 |
Zillow last checked: 18 hours ago
Listing updated: April 29, 2025 at 06:48am
Listed by:
Frank Lamorte 973-575-1200,
Lattimer Realty
Source: GSMLS,MLS#: 3942516

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 5
Heating
- 1 Unit, Radiators - Steam, Natural Gas
Cooling
- Wall Unit(s), Window Unit(s)
Features
- Flooring: Tile, Vinyl-Linoleum, Wood
- Doors: Max Door Height: 0
- Basement: Yes,Full,Unfinished
Interior area
- Total structure area: 3,545
Property
Parking
- Parking features: 2 Car Width, Driveway-Exclusive, Gravel, Off-Street Parking
- Garage spaces: 10
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 4,356 Square Feet
- Dimensions: 25 x 172
- Features: Level, Business District, Freestanding, Residential Area
Details
- Parcel number: 1132000660000000200000
- Zoning description: B
- Other equipment: Appliances
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick/Block, Wood, Vinyl Siding
- Roof: See Remarks
Condition
- Year built: 1920
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected, Cable Available
Community & HOA
Location
- Region: Lyndhurst
Financial & listing details
- Tax assessed value: $437,600
- Annual tax amount: $13,881
- Date on market: 1/22/2025
- Inclusions: Building Only
- Ownership type: Fee Simple
- Tenant pays: Cable TV, Electricity, Gas
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