For Sale 1501 TILTON RD, Northfield, NJ, 08225

Located at 322 Northfield Ave in the heart of Northfield, this newly and fully renovated duplex offers a prime investment and/or living opportunity. Completely renovated and updated just four years ago, the property boasts 4 bedroom 2 bathroom house (Unit A) and a former carriage House (Unit B) each of which includes a new roof, siding, windows, plumbing, HVAC systems, electric panels, and modern kitchens and bathrooms. Both units feature vinyl flooring throughout and are tenant-occupied with separate meters for electricity, gas, and water. The House is leased at $2,700 per month until April 2025, with the tenant expressing interest in staying for one more year. The former Carriage house (Unit B), is currently occupied and is in the fourth year of a five-year lease which now pays $2,700 monthly, with monthly rent set to increase to $2,800 in the final lease year starting May 1, 2025 to April 30, 2026. The Property is situated on an oversized lot which is very well-maintained and requires little upkeep, making it a perfect turnkey investment. A Property survey and seller disclosure are available in the associated documents. This is a very unique once in a lifetime property so don’t miss out on this fantastic opportunity to own this beautiful property with stable and increasing rental income in a highly desirable neighborhood. PROFESSIONAL PHOTOS COMING SOON!

Introducing the lucrative investment opportunity at 1226 TILTON RD, NORTHFIELD! This impressive property boasts a promising 2022 PRO FORMA income of $144,000, making it an ideal addition to your real estate portfolio. Generating an attractive gross income of $144,000, this property is highly appealing to savvy investors looking for substantial returns. Additionally, the net income of $88,898 showcases its potential for long-term profitability. Operating costs are efficiently managed with expenses totaling $55,102. These include expenses like taxes of $29,171, insurance at $6,477, maintenance at $11,850, landscaping costs of $7,204, and affordable sewer expenses of only $400. The prime location of 1226 TILTON RD, NORTHFIELD adds further value to this investment opportunity. Prominently situated in a desirable area, this property benefits from high visibility and easy accessibility. Whether you\'re an experienced investor or a first-time buyer, this commercial real estate gem offers tremendous potential for future growth and success. Don\'t miss out on the chance to own 1226 TILTON RD, NORTHFIELD - an income-generating asset that will exceed your expectations. Take advantage of this remarkable offering today!

Currently Vietnamese\'s restaurant retirement sales. Cash flow income eat in and carry out busy location. low rent $1844 per month. Included water and sewer. Tenant only pay electric and gas. Business is current open with 7 tables and 28 chairs. Kitchen stoves, grill, deep fry, refrigerators. Just take over and keep going make cash flows. Money maker. Anxious to sell. More information please contact listing agent.