Property
Bernardsville Boro, NJ 07924 18 Claremont Rd
$1,950,000
Pending
Presented By: BHHS FOX & ROACH
Full/Half Baths • 0 / 8- SQFT • 6,606
Full/Half Baths • 0 / 8
SQFT • 6,606Home Details
UNBELIEVABLE: 6 UNIT INVESTMENT OPPORTUNITY, THREE APARTMENTS OVER 3 RETAIL STORES LOCATED IN HEART OF DOWNTOWN BERNARDSVILLE, (RECENTLY, SEPTEMBER 2024, PAST 5 YEAR STATE INSPECTION) OWNER FINANCING FOR A QUALIFIED APPLICANT, NOI $145,727
Presented By: BHHS FOX & ROACH
Interior Features for 18 Claremont Rd
Bathrooms
Half Baths8
Other Interior Features
Price Per Sq Ft295.00
Available Sq Ft6606
BasementFinished-Partially
FlooringCarpeting, Concrete, Vinyl-Linoleum
Fuel TypeGas-Natural
Total Stories2
General for 18 Claremont Rd
Building #12
Cap Rate7.51
ConstructionBrick/Block, See Remarks
CoolingSee Remarks
CountySomerset
DirectionsMINE BROOK ROAD TO 12 - 18 CLAREMONT ROAD
Documents AvailableSee Remarks
DriveOff-Street Parking, Parking Lot-Exclusive, See Remarks
EasementUnknown
Equipment AvailableSee Remarks, Sign - Building
Farm AssessmentNo
Gross Income192600
HeatingSee Remarks
Leasable Area
LocationBusiness District, Freestanding, See Remarks
Net Operating Income145727
Num Apts3
Number Of Units Total6
Operating Expense46873
OwnershipFee Simple
Permitted UseDOWNTOWN SUBDISTRICT
PossessionBY AGREEMENT
Prior UseRETAIL/RESIDENTIAL
Property TypeMixed Use, See Remarks, Store With Apartment
Property TypeStore With Apartment
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Subdivision NameDOWNTOWN
Tax Annual Amount19295
Tax Assessed Value987000
Tax Lot6
Tax Year2024
Town #2703
TownshipBernardsville Boro
UtilitiesElectric, Gas-Natural, See Remarks
Utilities Paid ByTenant
Year Built9999
ZoningD-CO
Exterior for 18 Claremont Rd
Building Area Total6606
Exterior DescriptionSee Remarks
Lot Dimensions0.15AC
Lot FeaturesLevel Lot
Lot Size Acres0.15
Max Ceiling Height9
Max Door Height7
Number of Bays0
Number of Docks0
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate