Multifamily Property with Two
For Sale
$749,000
163 W Main St, Rockaway, NJ 07866
Two residential structures are complemented by a three-car garage and off-street parking.
Property SizeContact for details
Days on Market48
Property Features for 163 W Main St
General Information
Standard status
Active
Property subtype
Multi Family
Property Condition
Severity
Repairs Needed
Evidence
in need of updating
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$12,266
Building Details
Year Built
1934
Buildings
3
Units
2
Listing Agency:
Townsquare Realtors
Listed By:
SUSAN ZABRANSKY
(973) 983-8001
Source:
Elliman
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 24 at 4:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Townsquare Realtors
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Investment Insights
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This multifamily property includes two separate residential homes on one parcel. The front dwelling contains 4 bedrooms and 2 full baths and requires updating; it also has a new roof and newer furnace. The rear home provides 2 bedrooms, a living room, kitchen, and washer/dryer, and is currently tenant occupied.
Additional improvements include a 3-car garage currently used by a landscaper and ample off-street parking. The property is located at 163 W Main St in Rockaway, New Jersey, and was built in 1934. It is being sold in its present condition. Prospective purchasers should independently confirm zoning, permitted uses, occupancy requirements, rental requirements, agreements, and any necessary approvals with the Borough of Rockaway.
Additional improvements include a 3-car garage currently used by a landscaper and ample off-street parking. The property is located at 163 W Main St in Rockaway, New Jersey, and was built in 1934. It is being sold in its present condition. Prospective purchasers should independently confirm zoning, permitted uses, occupancy requirements, rental requirements, agreements, and any necessary approvals with the Borough of Rockaway.
Key Highlights
- Two residential homes on one property
- Front home has 4 bedrooms, 2 full baths, a new roof, and newer furnace
- Rear home includes 2 bedrooms, living room, kitchen, and washer/dryer
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
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Business Placement
Demographics for 07866, NJ
22,965
Population
8,863
Households
2.6
Avg Household Size
44
Median Age
50%
College-Educated
97%
High-School Grad
23.0 sq mi
ZIP Area
998
Density / Sq Mi
$123,828
Median Household Income
$70,340
Median Earnings
$1,604
Median Rent
$434,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two residential structures are complemented by a three-car garage and off-street parking.
Where is this multifamily property located?
The property is located at 163 W Main St Rockaway, NJ.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two residential homes on one property; Front home has 4 bedrooms, 2 full baths, a new roof, and newer furnace; Rear home includes 2 bedrooms, living room, kitchen, and washer/dryer
