45 Woodedge AveEdison, NJ 08817

Property Details for 45 Woodedge Ave

Year built

1969

Lot size

0.28 AC

Property size (Sq ft)

4,064 SF

Zone code

RB

Property type

Other commercial real estate

APN

05 00161- 20-00021- 31

APU

500161200002131

Description

Exceptional investment opportunity awaits with this seven-unit apartment building located at 45 Woodedge Avenue in Edison, New Jersey. This 1969-built, two-story property sits on a 0.276-square-foot lot and presents a unique chance for a savvy investor. The complex boasts a total of ten bedrooms and seven bathrooms, spread across its seven individual units. While the exact unit breakdown isn't specified, the property's custom build suggests a potentially diverse range of layouts catering to various tenant needs. The building's age presents an opportunity for potential value enhancement through renovations or upgrades, allowing for increased rental income and return on investment. The property's location in Edison, Middlesex County, New Jersey, within zip code 08817, offers convenient access to local amenities, transportation routes, and a strong rental market. This is a rare opportunity to acquire a well-situated multifamily property with significant potential for growth. The asking price is $1,250,000. While the cap rate is currently listed as 0.00%, further due diligence is recommended to determine the accurate potential return on investment. Serious inquiries are encouraged to schedule a viewing and explore this promising investment prospect.

Location Insight

City

Edison

County

Middlesex

State

New Jersey

Latitude

40.5118

Longitude

-74.3897

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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