Secaucus, NJ 07094 · Investment · For Sale · MLS 260015936
172-176 Meadow Lane
$1,150,000
Investment
Use
3
Units
12+
Parking spaces
0
Days Listed
About this property
Fully Occupied Legal 3-Family | 10,000 SF Lot | Approx. 12-Car Tandem Parking Rare Secaucus investment opportunity featuring a fully occupied legal three-family on an oversized **50' x 200' lot** with approximately **12 tandem off-street parking spaces**. Current **gross annual income of $54,720** with an estimated **NOI of $41,929**, based on current rents and documented expenses. Tenants pay heat, hot water, electricity, and internet, keeping owner operating expenses low. Unit mix consists of one spacious **3-bedroom/1-bath** residence and two **1-bedroom/1-bath** apartments, all with in-unit laundry. Excellent opportunity for investors, contractors, tradespeople, or fleet owners seeking rental income combined with substantial on-site parking. Asking Price: $1,150,000. Rear portion of lot is designated protected wetlands. Buyer to perform due diligence regarding future development or site improvements. Fully occupied. Immediate income. Exceptional parking. Rare oversized Secaucus lot.**
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationSecaucus, NJ 07094
MLS #260015936
Space
Units3
Stories2
Site & exposure
Parking spaces12+
Investment
Annual taxes$9,385
Est. gross income$54,720
Est. operating expense$41,928
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 Secaucus 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 172-176 Meadow Lane?
The asking price is $1,150,000.
What is 172-176 Meadow Lane 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 Secaucus zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 172-176 Meadow Lane?
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.
