Remarks

Generational opportunity in the heart of thriving Boonton. This expansive property features over 150 feet of high visibility frontage on historic Main Street, and is compromised of 5 apartments, 7 storefronts/offices and 2 garages. From it's distinctive "flatiron" shape to the coveted location on the flat stretch of Main and adjacent to the Plane Street public parking lot, this property is a statement investment providing a wonderful balance of stability and upside for either an end user or passive owner. A strong occupancy history, long term professional management, numerous reinvestment possibilities and an exceptional location round out the features of this impressive opportunity. Offering includes addresses 816-904.

Details

MLS#: 3944086
Price: $1,200,000

Sq Ft: 11322
Year Built: 1940

County: Morris
Lot Size: 166X34
Tax Fee: 25350