28 Glen RdRutherford, NJ 07070

Property Details for 28 Glen Rd

Year built

1928

Construction

CONCRETE BLOCKS

Lot size

0.09 AC

Property size (Sq ft)

5,760 SF

Property type

Commercial real estate

APN

56 00147-0000-00020

APU

5600147000000020

Description

This exceptional commercial property, located at 28 Glen Rd, Rutherford, NJ, presents a significant investment opportunity. The building boasts a substantial 5,760 square feet of space, thoughtfully divided across three levels. The main floor and second floor each offer approximately 2,500 square feet of open, adaptable space, ideal for a variety of commercial ventures. A similarly sized basement (approximately 2,500 sq ft) provides additional storage or expansion potential. The building's robust steel beam construction ensures durability and longevity. The current configuration is well-suited for uses such as a gym or art studio, but its flexible layout allows for numerous other possibilities. The property features separate utilities for each floor, enhancing efficiency and control. Recent upgrades include updated electrical panels and a new gas steam heat furnace with radiators on the first floor. The second floor benefits from approximately 10-year-old gas baseboard heating. Two bathrooms are conveniently located on each floor. The exterior showcases a classic brick front with stucco siding, which was updated approximately 15 years ago, along with the windows. A new wireless fire alarm system ensures safety and peace of mind. Ceiling heights throughout the building are approximately 10 feet. Currently, the first floor is generating rental income of $2,500 per month on a month-to-month lease. The property's prime location, just one block from the Rutherford train station, offers unparalleled convenience and accessibility. The seller will not be providing financing. This is a cash sale only. The lot size is 0.09 acres.

• Alternative Use

  Use

  Valuation

  Residential

  $1,090,017

  Hospitality

  $998,450

  Educational

  $830,699

  Medical

  $859,268

  Retail

  $1,292,198

Location Insight

City

Rutherford

County

Bergen

State

New Jersey

Latitude

40.8271

Longitude

-74.1021

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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