204 Church Street, Boonton Town NJ, 07005

Active

204 Church Street

Boonton Town NJ, 07005

$6,795,000

Active

Multi-family

Listed by Tony Nabhan with Keller Williams City Views Realty 2015928900

WELCOME TO THE PILGRIM! This 22-unit multifamily property in the rapidly growing town of Boonton, NJ offers an incredible VALUE-ADD investment opportunity. Each apartment offers oversized square footage that sets this building apart from others. 9 units have been totally updated and there's more growth opportunity to update and increase below market rents. The building is very well-maintained and ownership has invested over 1M of updates through the years. Bonus cell tower on the roof producing $29,800 in annual income. Located in a booming area near shops, restaurants, and major transit, this property offers stable cash flow with significant upside in a highly desirable market

24033455

MLSⓇ ID

October 16, 2024

Listed

December 17, 2024

Updated

Map

204 Church Street
Boonton Town NJ, 07005

Interior Features

Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Architectual Style: 5+Family

Other Property Details

Taxes: $1,000,000
Tax Frequency: Annually
Garage: No
View: No
County: MORRIS
Water Source: Public
Pool: No

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 Sotheby's Prominent Properties 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.

All information deemed reliable but not guaranteed. Last date updated: 12/17/2024

Source: New Jersey Multiple Listing Service, Inc.