Property Description:
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589 Palmer Ave Hazlet Township, NJ 07734
Huge Discount off of Retail Value on this property. Tax Value alone is : $766,923
Purchase/Rent
Wholesale Price: $482,500
Renovation Cost: $25,000 – If the new owner decides to change the use of the commercial space. Otherwise residential part is in excellent condition and needs no repairs.
After Repair Value: $766,923
Cap Rate: 5.78%
Property Information
Building Type: SINGLE FAMILY RENTAL RESIDENCE + COMMERCIAL RENTAL
Bedrooms: 4
Bathrooms: 3
Square footage: 7,308
Real Estate Tax: $18,554
Occupancy: Occupied – Current Renter for Commercial Space would like to continue to rent. The residential part will need to be rented.
Parking: Yes
Pool: Yes
Construction Details
Facade and Exterior: Vinyl
Roof: Shingles
Electric: Breakers
Heating: Gas
Plumbing: Copper
Laundry: Yes
City Water and Sewage
Zoning: Mixed Use.