Commercial space For Sale in Secaucus, NJ
 

MLS# : 24001953

Street : 274 Centre Avenue
Price : $675,000
Town : Secaucus, NJ 07094
Annual Taxes : $5,843

PROPERTY DETAILS

Use : Retail
Type : Other
Utilities : Sep Elec, Sep Water
Heat/Cool : Gas, Win/AC
Waterfront : None

PROPERTY DESCRIPTION

Check out this fabulous mixed use property located on a busy main road in Secaucus NJ! 274 Centre Ave has 25x100 lot with two stories & features two storefront units on the ground floor as well as one residential apartment upstairs, & plenty of parking spots. The upstairs tenant is occupying a spacious 2 bedroom unit & pays their own utilities. Landlord currently pays the heat which is supplied to the entire building but it can be later separated by the buyer if needed. The storefronts are currently designated as a salon & a barber shop that has month to month leases. Property boasts strong local, regional traffic and visibility should you consider owner occupying it. This corner lot property has ample parking on site as well as plenty of street parking on the surrounding streets. This building has a gross income of $48,600, which was well below market rates. With the commercial units able to be delivered vacant, this invites the perfect opportunity for an owner/occupant investor.

Amenities

This listing is a courtesy of Liberty Realty, LLC
(201) 222-2900 office, listing agent Tarek Hassieb

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Secaucus, NJ Real Estate Market

Spread over 6.54 square miles, Secaucus has a population of over 16,000 and is present within the New Jersey Meadowlands. This town from Hudson County in New Jersey state derives its name from the Algonquian words for ‘black’ and ‘snake’, which makes its literal translation as ‘place of snakes’. It has this name due to the presence of Snake Hill in the southern part of the town, near the New Jersey Turnpike.

While most of the parts of Secaucus have light manufacturing and retail outlets, this town also has a large number of small-sized and large-sized single-family houses. The town is partially surrounded by the Hackensack Meadowlands, which have a lot of marshlands with common sightings of birds and other wildlife.

Secaucus shares its borders with municipalities like North Bergen, Kearny and Jersey City from Hudson County, and Rutherford, Carlstadt, East Rutherford and Lyndhurst from Bergen County. Some of the prominent lanes and places of Secaucus include Harmon Cove, County Avenue, Laurel Hill, Little Snake Hill, Harmon Meadow, Secaucus Junction, North End, Riverbend, Snake Hill and Secaucus Plaza Central Business District. Among these places of interest, North End is one of the oldest residential areas of Secaucus, with it having houses of a majority of the upper-class population forming a part of New Jersey real estate.
Population:  19,092
Total Housing Units:  5,798
Single Family Homes:  4,180
Apartments:  1,618
General Tax Rate (2021):  3.770%
Effective Tax Rate (2021):  2.037%
Compare To Other Towns

Secaucus Market Indicators

PRICE INDEX

Average Price* (12mo):  $679,860
Homes Sold* (12mo):  37
PRICE INDEX
SINGLE FAMILY HOME SALES

Secaucus, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $1
Apatments Sold* (12mo):  0
PRICE INDEX
APARTMENT SALES

Secaucus, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2021):  3.770%
Effective Tax Rate (2021):  2.037%
GENRAL TAX RATE - Secaucus, NJ



The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 04/29/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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