North Bergen, NJ 07047 · Investment · For Sale · MLS 260002044
7409 Broadway
$849,000
Investment
Use
2
Units
169
Days Listed
About this property
Prime Mixed-Use Opportunity on Broadway! Well-located mixed-use property in a high-traffic Broadway corridor, just a few blocks from Braddock North Hudson County Park. The building consists of one retail unit and one residential unit, both fully occupied and currently on month-to-month leases with below-market rents, offering immediate upside potential. The retail space is home to a well-established Colombian restaurant, featuring a bathroom, full commercial kitchen, walk-in refrigerator, and a large high-ceiling basement ideal for storage, plus an additional bathroom. The residential unit offers three spacious bedrooms, including a primary bedroom with en-suite bath, and two full bathrooms in total. Both tenants are open to executing long-term leases at market rents with the new owner, making this an ideal asset for investors or owner-users seeking stable income with value-add potential in a prime location.
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationNorth Bergen, NJ 07047
MLS #260002044
Space
Units2
Stories2
Investment
Annual taxes$8,500
Est. gross income$64,000
Est. operating expense$17,000
Mixed useYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the North Bergen zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 7409 Broadway?
The asking price is $849,000.
What is 7409 Broadway zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the North Bergen zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 7409 Broadway?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
