114 Eagle Rock Ave Roseland, NJ $ 2,350,000
114 Eagle Rock Ave
$ 2,350,000
New Construction
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114 Eagle Rock Ave

Roseland, NJ, 07068
$ 2,350,000
Baths0.5

Monthly Estimate*

$ 15,619

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Studio

Commercial Property for sale in Roseland, NJ

for $2,350,000 with 5 half baths. This building was built in 2023 on a lot size of 1.63.

Presenting an enticing investment prospect at 114 Eagle Rock Ave, Roseland an exclusive opportunity for developers and investors. This furnished modern farmhouse rental property, nestled on 1.63 acres (0.25 acre zone) with a vacant lot bordering Essex Fells, comes with a guaranteed lease boasting 18 months remaining at $12,000/month. Secure over $200K in future rental income while creating your development possibilities or building additional rental opportunities. The property's blend of modern amenities, smart technologies, architectural design and scenic views enhances its appeal for developers and investors seeking a unique opportunity for development or additional rental options. The inclusion of a 1.06 acre vacant flag lot expands possibilities, allowing for creative development strategies. The property's features, such as 5.5 spa-like baths, Thermador chef's kitchen, spacious bedrooms, and serene surroundings, adds to its allure. The potential to build on the rear lot while generating income from the front home or exploring various development options makes this a versatile investment prospect.

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Commercial Active

Price

$ 2,350,000

Bedrooms

Studio

Half Bath

5

Property Type

Commercial

Taxes

$ 18,635

Style

MixedUse

Lot Size

1.63

Year Built

2023

Town/City

Roseland

County/Region

Essex

MLS | Web ID

3884216

Features
General
Construction See Remarks
Heating 2 Units
Cooling 2 Units Central Air
Utilities See Remarks
Possession TBD
Roof See Remarks
Zoning Residential
Garage Spaces 6
Year Built 2023
Township Roseland Boro
Property Type Mixed Use MixedUse
Tax Year 2023
Percent Ownership Fee Simple
Location Residential Area
Gross Income 144000
County Essex
Status Active
Directions Tannery Lane to Baldwin Ct
Total Units 1
Street Name Eagle Rock Ave
Tax Annual Amount 18635
Drive Additional Parking Blacktop Driveway-Exclusive Hard Surface
Leasable Area 0
Days on Market 43
Standard Status Active
Tax Assessed Value 941600
Town # 1618
Tax Lot 6
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Interior
Basement Finished Full
Flooring Wood
Fuel Type Gas-Natural
Total Stories 2
Half Baths 5
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Exterior
Lot Features Wooded Lot
Water Source Public Water
Total Parking 8
Exterior Description Composition Siding
Building Area Total 0
Lot Dimensions 1.63 AC
Lot Size Acres 1.63
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* Excluded Features
List By
INGRID HART

Listing Agent

Prominent Properties Sir

Broker

Affordability Calculator

$17,172
Per Month
91%
9%
0%
Monthly Principal & Interest
$15,619
Monthly Property Taxes
$1,553
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/9/2024$2,350,000 Listed Price

Map


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114 Eagle Rock Ave, Roseland, NJ, 07068 is a Commercial Property for sale at $2,350,000 with a lot size of 1.63. 114 Eagle Rock Ave is a studio with 0.5 baths and was built in 2023. The property's zip code is 07068 which is in Roseland, NJ