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481 Springfield Ave, Berkeley Heights Twp., NJ 07922

$999,000
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List Price
$999,000
Price Change
▼ $596,000 1794344606
MLS#
4058826
Dom
27
Year Built
9999
Status
ACTIVE
County
Union
City
Berkeley Heights Twp.
Acres
0.50
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(973) 809-0800

Property Description

UNBELIEVABLE: THE SIGNIFICANT PRICE IMPROVEMENT REFLECTS THE PROPERTY'S STRICTLY AS-IS SALE CONDITION. KNOWN ENVIRONMENTAL CONTAMINATION EXISTS ON THE PROPERTY, AND ENVIRONMENTAL REMEDIATION WILL BE REQUIRED. BUYERS ARE ENCOURAGED TO CONDUCT THEIR OWN DUE DILIGENCE AND EVALUATE ALL ASSOCIATED COSTS, REQUIREMENTS, AND REDEVELOPMENT POTENTIAL. THIS UNIQUE PORTFOLIO OFFERING INCLUDES A TWO-FAMILY RESIDENCE AND A DETACHED THREE-CAR GARAGE WITH AN APARTMENT, SITUATED ON APPROXIMATELY 0.34 ACRES, TOGETHER WITH A 2,400 SF RETAIL BUILDING OCCUPIED BY TWO TENANTS ON AN ADDITIONAL 0.16 ACRES. IN TOTAL, THE PORTFOLIO ENCOMPASSES APPROXIMATELY 0.50 ACRES IN BERKELEY HEIGHTS' HIGHLY DESIRABLE DOWNTOWN DEVELOPMENT (DD) ZONE, PRESENTING AN EXCEPTIONAL OPPORTUNITY FOR INVESTORS, DEVELOPERS, AND THOSE SEEKING LONG-TERM GROWTH POTENTIAL.

(973) 809-0800
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Additional Information

Taxes
$26,815
Cooling
See Remarks
Exterior
Brick, CedarSid, CompSide, Concrete
Heating
See Remarks
Roof
Composition Shingle, Flat
Sewer
Public Sewer
Water
Public Water
Basement
Yes
Lot Description
Level Lot
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Listing Courtesy Of BHHS FOX & ROACH, Contact: 908-938-6405

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