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Riju Kaistha

[email protected] +1(609) 240-5479

$ 1,450,000

Est. payment -/mo

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24 Little Falls Rd Fairfield Twp., NJ 07004

4,584 SqFt

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,584 sqft

Price per Sqft $316

MLS Listing ID 4004675

Year Built 1979

Annual Tax Amount $15,779

Tax Year 2024

Lot Size 0.660 Acres

Property Description

Prime Commercial Property- Prime commercial real estate property located in the heart of Fairfield.- Features a shopping strip with five distinct units suitable for various businesses.- Offers ample parking, attracting a steady flow of customers.- Strategically located near major routes RT 48 and 80 for high visibility and easy access.- Low rent that has remained unchanged for the past seven years.- Opportunity for the new owner to increase the rent by 10% to 15% with a new triple net lease agreement.- All units are currently occupied, demonstrating sustained demand.- Tenants are responsible for their own utilities, reducing the owner's operational costs.- Presents a lucrative investment opportunity with immediate returns and promising future growth.This prime property is a commercial real estate gem located in the bustling heart of Fairfield. It features a shopping strip with five distinct units, each boasting its own unique potential for various retail or service-based businesses. Lender may require flood insurance.

Location

State NJ

County Essex

Zoning Commercial

Rooms

Basement Partial

Interior

Heating Gas-Natural

Cooling Central Air, See Remarks

Flooring Laminate

Equipment Fire Alarm, Restrooms - Private, Sign - Building, Sign - Freestanding, Smoke Detector

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block, Concrete

Utilities Available All Underground

Roof Type Flat

Building

Lot Description Level Lot

Story 1

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by RE/MAX SELECT

SCHOOLSPROPERTIES

Elementary Schools 20

9

Gould Elementary School

Public | 4 - 6
8

Washington Elementary School

Public | KG - 5
8

Little Falls Township Public School #3

Public | 3 - 4
8

Randall Carter Elementary School

Public | KG - 5
7

Lincoln Park Elementary School

Public | PK - 4
7

James Fallon Elementary School

Public | KG - 5
6

Adlai E. Stevenson School

Public | PK - 3
6

Winston Churchill School

Public | 4 - 6
6

Ryerson Elementary School

Public | KG - 5
6

North End Elementary School

Public | PK - 4
0

Banyan School

Private | 4 - 8
0

Chapel Hill Academy

Private | 1 - 12
0

New Beginnings

Private | PK - 12
0

Glenview Academy

Private | 2 - 9
0

Early Learning Center

Private | PK - TKG
0

Grandview Elementary School

Public | PK - 3
0

Tiny Tiki's Learning Center

Private | PK - TKG
0

Monarch Montessori School

Private | PK - KG
0

Kiddie Academy of Totowa

Private | PK - KG
0

Pioneer Academy

Private | 5 - 12

Middle Schools 5

5

Grover Cleveland Middle School

Public | 6 - 8
5

West Essex Middle School

Public | 7 - 8
0

Essex Valley School

Private | 8 - 12
0

Essex Campus Academy

Public | 7 - 12
0

Lakeview Learning Center

Private | 8 - 12

High Schools 4

9

West Essex High School

Public | 9 - 12
7

Wayne Valley High School

Public | 9 - 12
5

West Caldwell Tech

Public | 9 - 12
0

The Gramon School

Private | 9 - 12

School and business data provided by Attom Data.

Riju Kaistha

REALTOR® Sales Associate, ABR®

+1(609) 240-5479

Riju Kaistha

24 Little Falls Rd Fairfield Twp., NJ 07004

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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24 Little Falls Rd