132 TERRACE AVE, Jc Heights, NJ 07307
132 TERRACE AVE, Jc Heights, NJ 07307
132 TERRACE AVE, Jc Heights, NJ 07307
132 TERRACE AVE, Jc Heights, NJ 07307
132 TERRACE AVE, Jc Heights, NJ 07307
132 TERRACE AVE, Jc Heights, NJ 07307
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$ 799,000
Est. payment | /mo

7 Beds

4 Baths


Save
$ 799,000
Est. payment | /mo
Save

7 Beds

4 Baths

Open House

Sat Oct 03, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260019934

Style Colonial

Bedrooms 7

Full Baths 3

Half Baths 2

HOA Fees $3/mo

Annual Tax Amount $11,777

Tax Year 2025

Property Sub-Type 2 Family

Property Description

Turnkey triplex with value add opportunities. Live in one unit and rent the other to subsidize the expenses, or lease everything as a pure investment cash cow. The building has two updated 3-bed, 2-bath units over a finished 1-bed, 1-bath in law suite, so it appeals to a wide range of tenants. Outside, you'll find a sunny private yard with a gazebo and a terrace made perfect for morning coffee. This property has a strong rental history as of this past summer. With each floor occupied, the total rent collected was 6,600 per month. With lower taxes and less owner expenses, that cap rate was approximately 8%. With light cosmetic upgrades even that could be improved upon.

Location

State NJ

County Hudson

Area Jc Heights

Rooms

Basement None

Interior

Heating A/C Window, Baseboard, Electric, Gas

Cooling A/C Window, Baseboard, Electric, Gas

Exterior

Exterior Feature Brick

Parking Features Other-See Remarks

Listed by COLDWELL BANKER REALTY

Nearby Locations

Simon Vassalo
Simon Vassalo

Co-Founder License ID: 1865935

+1(973) 536-8554 | simon.vassalo@cbmoves.com

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132 TERRACE AVE