Mixed Use Building in Prime Location! This property is a two-story mixed-use building within the NC: Neighborhood Commercial zone located directly across from the Rutherford train station. Four retail spaces and four 2 bedroom apartments. Full basement w/mechanicals & storage. Small outdoor area in the rear of the property. Strengths of this investment are proximity to train station, the upside potential in rent, and exposure and visibility from Park Avenue and the train. Low taxes. Please note, this sale is for the real estate only and does not include any of the current businesses. Additional details and financials available upon request.
The median home value in East Rutherford, NJ is $531,500. This is lower than the county median home value of $607,200. The national median home value is $338,100. The average price of homes sold in East Rutherford, NJ is $531,500. Approximately 32.27% of East Rutherford homes are owned, compared to 61.25% rented, while 6.48% are vacant. East Rutherford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a East Rutherford real estate agent to arrange a tour today!
East Rutherford, New Jersey has a population of 9,918. East Rutherford is less family-centric than the surrounding county with 30.9% of the households containing married families with children. The county average for households married with children is 35.18%.
The median household income in East Rutherford, New Jersey is $86,592. The median household income for the surrounding county is $109,497 compared to the national median of $69,021. The median age of people living in East Rutherford is 37.6 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 47.6 inches per year, with 25.6 inches of snow per year.