$749,000 7309 Br0adway Ave North Bergen, NJ

MLS: 160017034   Type: Investment   County: Hudson   City: North Bergen   Zip: 07047     Stories: 1   Taxes: $13,217

Mortgage $3,516 /mo

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retained to arrange the sale of this investment / commercial building on two lots 7309-7315 Broadway Ave, North Bergen, NJ 07047. Here's your opportunity, a blank canvas for anyone with a vision, and desire to develop or bring back a performing arts studio much needed in this community. The subject property is ideal for any investor, developer or other interested parties looking to capitalize on an opportunity in one of New Jersey's premier investment cities, North Bergen. This property consists of two lots with total 50 ft frontage and 85 ft deep. It’s currently vacant and was once a predominate dance studio with a business store. Once known as J & L Dance Center and not your typical dance studio, but instead presented the triple threat of dancing, singing and acting lessons for many students from hudson and bergen county. Currently this property is being offered in the market “as is ” with the potential to create a successful business, or as a development opportunity to build two commercial units with several floors of residential condos above. The buyer will be responsible to perform all due diligence to conclude any reasonable desires and conform with all regulatory officials. North Bergen has become a primary residential enclave for residents seeking convenient housing with direct access to employment and entertainment hubs. Located along an attractive corridor, near the gold coast area, this property borders the luxury waterfront developments. Presently, the area is sought after as an economical alternative to the more expensive areas nearby. North Bergen was recently named one of the top 10 cities by movoto.com. North Bergen is one of the most diverse cities in NJ — both culturally, and geographically and one of the most densely populated cities in NJ. The property is located on Broadway Ave with direct access to transportation to Hoboken / NYC and is two blocks away from boulevard east and four blocks to James J. Braddock Park with a land area of 167 acres, and is one of the largest / most beautiful of Hudson County’s parks. This area is growing with boutique shops, restaurants and businesses. As projected development continues, North Bergen is expected to experience a surge in pricing and residency. Interested purchasers are highly encourage to act immediately with this opportunity and its endless possibilities. Considering what is available in the market, and the surrounding developments, this is priced to sell and a fabulous investment opportunity.

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Price History

11/18/2016 Listed $749,000

Class CI INVESTMENT - SALE ONLY

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Direct Link:

http://searchpropertiesbysouthern.com/property/102-160017034-7309-Br0adway-Ave-North-Bergen-NJ-07047

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Property vs Zip Code Avg (07047)

Price 749K Avg 1.04M

Taxes $13,217 Avg $12,068

Visits 127 Avg 49

Days on Site 277 Avg 242

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Listing Provided Courtesy Of: GARABEDIAN REALTY GROUP, LLC - 201-435-8001




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Location & Address

Pure Properties
200 Hudson St. Suite 1000
Jersey City, NJ
973-845-4260