Investment Properties

Check out the Commercial properties we have available in the Essex County area.

Buildings/Business

  In the house with Stephen Ross, owner and Developer of Hudson Yards in New York City, a 25 Billion Dollar Development.

1100 Rivington St., Roselle, NJ - COMING TO MARKET SOON -$439,900

Legal 4-Family in solid community. Parking for 2 cars in driveway available. All apartments are 2-Bedroom/1 Bathroom. 3 of the 4 apartments will have upgrades. Anticipated rent roll will be $5,000 per month. Owner pays Heat & Hot water. New hot water tank recently installed. Taxes are $13,004 annually.

63 19th Ave., Newark, NJ - $409,900 - SOLD

Newer 2 Family-Home with all Brick front & on one side of house located in hot redevelopment area. 3 bedroom/2 baths on each floor and renovated Basement w/ Bath & Shower for growing family. 1-car Garage parking. Tenants on month to month leasing, and family of the owner. Current Rent roll exceeds $3,100 with Room for improvement!

358-362 15th Ave., Newark, NJ, 07103 - $420,000- UNDER CONTRACT

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Marlin Bay - $100 Million- (UNDER CONTRACT)

  Project is located in the Bahamas, and consist of 1,463 Acres and approvals for a Hotel, Casino, Marina, Golf course as well as Strip Mall.

514 Central Ave., Jersey City, NJ- $409,000 -(UNDER CONTRACT)

Existing Phillipino restaurant. Restaurant would like to stay as a tenant with 3-year Lease and 3-year renewabale. Rent to begin at $2,000 per month triple Net.

Property includes 3-bedroom apartment above. Located in busy business District of Jersey City.

 

632-634 Martin Luther King Blvd., Newark, NJ, 07102 - $1.9M-(UNDER CONTRACT)

 

Newly Renovated 18-Unit Building For Sale!

Recently renovated 18-unit building for sale at 632-634 Martin Luther King Blvd, Newark, NJ down the street from St. Benedict's High School. 14 Residential tenants predominately on Sec. 8. Also 4 Commercial tenants.

 

Rent Roll per year: $250,000 plus!

Blog filled with Articles & all the tips you Need to Know!

Real Estate Investing: What You Need to Know

Dec 27, 2016
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Questions?

Powerhouse Realty

1549 Springfield Ave.,

Maplewood, NJ 07040

 

Phone: 908 391-1136

Fax: 973 763-5099

E-mail: Rspears10@aol.com

 

Or use our contact form.

Tip of the Week

Show Off Your Home!

Quick fixes before selling always pay off, but don’t over improve. Instead, do repairs that will pay off and get you what the home is truly worth. Best advice is to paint all the walls a neutral color, lighter colors open up the space. De- Clutter prior to listing your home… fix leaky faucets and keep the home clean at all times. For higher end homes consider staging (with a professional) to show the houses best light. Finally, depersonalize the home as much as possible. Although it’s emotionally difficult, eliminate family pics and certain art pieces that reflect you. A buyer wants to imagine themselves in the property so a blank canvas is best.

 

Learn more about how to sell your property.

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