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Michael Practico

Richardson Commercial Realtors

Office Phone: 609-586-1000


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Published on: Thursday, July 21, 2016 12:28:07 PM
Updated on: Wednesday, January 4, 2017 12:18:01 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-New Jersey-71317

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 0%

Year Build: 0


Building Size: 0 SqFt

Lot Size: 0 Not Specified

No of Stories: 0

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing


Offer to Millionaire Club: No

Listing Summary: This beautiful, historic multifamily home was previously used a law firm. With its numerous offices on three floors, this property is well designed for many different types of businesses, to serve the nearby state buildings or Tri State area and Pennsylvania. Close proximity to major traffic routes, its historic charm and views of the river, make this a relaxing, convenient place to conduct business.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 0

Commission Split (%): 0

Complete Details

Year Build: 0

Building Size: 0 SqFt.

No of Stories: 0

Total Lot Area: 0.00 Not Specified

No of Parking: 0

No of Total Units: 0

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Not Specified

Occupancy: 0%

Full Description

The property is improved with a 3 story 6,020+/- square foot home converted into offices. The building was constructed in 1916+/- with renovations in 2016+/-. The building has a brick exterior, masonry foundation and a gable roof surfaced with composite shingle. Also on the property is a two story 1,900+/- SF carriage house. The building has brick exterior and a gable roof surfaced with composite shingles. The first floor of the office building consists of 2,600+/- SF, currently configured with 9 private offices, an open office, reception area and 4 bathrooms. The flooring is primarily commercial grade. The walls are gypsum board. The second floor of the building consists of 2,120+/- SF currently configured with 4 large offices, a full kitchen, 2 bathrooms, and sun room with a view of the river. The flooring is primarily commercial grade carpet. The walls are gypsum board. The third floor on the building consist of 1,240+/- SF currently configured with 3 large office. The floors are commercial grade carpet with gypsum walls. The building is serviced by a gas fired hot water heating system. Cooling is provided by a forced air system. The electrical service to the building is two phase, 200+/- amp. Each floor is separately metered. There is a basement, which is unfinished.

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