Courtesy of George Rosko (201) 939-8900 with Coccia Realty Better Homes & Gardens/Lyndhurst

545 Valley Brook Avenue

Lyndhurst, NJ, 07071

$2,850,000

$2,850,000
Active
Active
 - For Sale
property_type
Multi-family
The August is a fully renovated 8 unit, residential apartment building with an immense unfinished basement for storage rental. 4-2 bedrm units and 4-1 bedrm units. This gorgeous one story, 9,646 sf freestanding complex boasts 12 bedrooms, 11.5 bathrooms, laundry in units and all separate utilities. The parking lot consists of 11 spaces total including 1 handicap, 2 covered and 2 tandem in the driveway. There is additional guest parking for about 4 more vehicles tandem in the alley/driveway adjacent to the building. Other highlights include: front entry foyer with mail center, main lobby, rear foyer with half bath, access to parking and unfinished basement w/storage space rental. Each unit is equipped with forced hot, central air, individual water meters, granite counters, led lighting and hardwood and tile flooring throughout. Pet friendly community. Situated on a 76 x 181 lot. Yields a 6.6% cap rate with a net annual income of $188,300.
MLS® ID:
22021915
Updated:
2/8/23
Christie's International Real Estate
Team Francesco

Exterior/Building Features

Architectural Style
5 Family

Other Property Details

Area Name
Lyndhurst
Taxes
$34625
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
BERGEN
Pool
No

Property History

Date
Event
Price
Value
8/29/22
Price Change
$2,850,000
-3%
7/11/22
Price Change
$2,950,000
-5%

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Christie's International Real Estate 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Source: New Jersey Multiple Listing Service, Inc.

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Data last updated 5:28 PM UTC, 2/8/23

Christie's International Real Estate
Team Francesco
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