Click for the listing page for 325-327 John Street →
Welcome to 325-327 John Street, a prime investment opportunity nestled in the heart of Union Township, NJ. This income-producing, five-unit brick apartment building offers a total of 3,876 square feet of living space on a 4,709-square-foot lot. Built in 1976, the property features a mix of 2-bedroom and 3-bedroom units, each designed for comfort and functionality.
Strategically located just minutes from major transportation routes and amenities, this property is ideal for investors seeking a solid return in a thriving community. Union Township is known for its vibrant neighborhoods, excellent schools, and convenient access to shopping and dining options. For more information on the area, visit our New Jersey Neighborhood page.
Key Interior Elements of 325-327 John Street:
Each unit within 325-327 John Street is thoughtfully designed to maximize space and comfort, catering to the needs of modern tenants.
Unit Layouts:
- Four units feature 2 bedrooms, a combined living and dining area, and a full bathroom.
- The fifth unit offers 3 bedrooms, a studio space, living and dining areas, and a full bathroom.
- Each unit is equipped with baseboard heating and window A/C units, ensuring year-round comfort.
- Tenants are responsible for their own heat, hot water, cooking gas, and electric, minimizing owner expenses.
- Modern kitchens with ample cabinet space and contemporary appliances enhance tenant satisfaction.
Key Exterior Elements of 325-327 John Street
The exterior of 325-327 John Street is designed to offer both functionality and curb appeal, contributing to tenant retention and property value.
Parking Facilities:
The property includes a dedicated parking lot with six assigned off-street parking spaces, providing convenience for tenants and guests alike.
Building Structure:
Constructed with durable brick and block materials, the three-story building features a flat roof and level lot, ensuring low maintenance and long-term durability.
Utilities and Maintenance:
With public water and sewer connections, as well as separate utilities for each unit, the property is designed for efficient management and reduced operational costs.
These exterior features not only enhance the property’s appeal but also contribute to its strong investment potential.
Location and Neighborhood (Union Township, NJ 07202)
Union Township is a vibrant community offering a blend of suburban charm and urban convenience. The property’s location provides easy access to key amenities and transportation hubs.
Transportation:
Just 3 minutes from Elizabeth NJ Transit, 1 minute from Route 1&9, and 7 minutes from Newark Airport, commuting is a breeze for residents.
Shopping & Dining:
The Mills at Jersey Gardens, a premier shopping destination, is only a 10-minute drive away, offering a wide range of retail and dining options.
Education:
Nearby educational institutions include Union County College and Kean University, providing opportunities for higher education and community engagement.
For more information on the community and its offerings, visit the official Union Township website.
Why This Property is the Investment For You
325-327 John Street stands out as a lucrative investment opportunity due to its strong financial performance and strategic location.
Financial Highlights:
- Gross rental income of $117,600 per year, with minimal expenses of $34,900, resulting in a net operating income of $82,700.
- Cap rate of 6.4%, offering a solid return on investment.
Tenant-Paid Utilities:
With tenants responsible for their own heat, hot water, cooking gas, and electric, the property ensures lower operating costs and higher profitability.
Low Maintenance:
The brick construction and flat roof design contribute to reduced maintenance requirements, preserving the property’s value over time.
For additional insights on real estate investment strategies, consider reading this informative article from Investopedia.
How to View 325-327 John Street, Union Township, NJ 07202
- Contact: Salvatore Taormina of Robert DeFalco Realty at (718) 938-0662
- Agency: Robert DeFalco Realty
- View the listing page for the commercial property located at 325-327 John Street, Union Township, NJ 07202.
Don’t miss this exceptional opportunity to invest in a high-performing property in a sought-after location. Secure your future with 325-327 John Street today!