Keller Williams, NJMG - Danielle Coletta
1/42
Listing Courtesy Of: DOUGLAS ELLIMAN OF NJ LLC, 201-721-8610, HOWARD GOLDBERG
Listing Sold By: DOUGLAS ELLIMAN OF NJ LLC
Local Realty Services Provided By: Keller Williams City Views
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$1,350,000
10 DEMPSEY AVE, Edgewater, NJ 07020
4 Beds
3 Baths
$1,350,000

10 DEMPSEY AVE, Edgewater, NJ 07020

Estimation provided by Keller Williams Realty Inc.
4 Beds
3 Baths
Sold
Sold

Property Description

Rare multi-use property in sought after Borough of Edgewater. This exceptional mixed-use property presents a unique opportunity to acquire a well-maintained building with diverse revenue streams. Nestled in the vibrant Borough of Edgewater, New Jersey, this property boasts a Restaurant on the ground floor, generating a steady income flow. The second floor features two recently updated two-bedroom apartments, each offering the potential for further revenue growth or potential conversion into condominiums (Buyer to confirm with the City of Edgewater). Benefit from the convenience of having all utilities paid by tenants, ensuring a hassle-free ownership experience. The property's prime location places it within walking distance of a plethora of amenities, including NYC bus and ferry stops, a diverse selection of restaurants and shops (Whole Foods, Trader Joes, Target, Bed Bath & Beyond, Acme, Starbucks, Outback Steakhouse, Brownstone, Flemings, and more), making it an ideal destination for residents and business patrons alike. Whether you're seeking a lucrative investment opportunity or a desirable place to relocate, this mixed-use property offers the perfect blend of income potential, convenience, and lifestyle appeal. Don't miss out on this exceptional opportunity to own a piece of Edgewater's thriving community.

Property Details

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Overview
Property Type
3 Family
Days on Site
496 Days
Parking
No
Danielle Coletta Properties
Keller Williams, NJMG
1860750

Activity History

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Purchase Price: $1,350,000
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Price & Tax History

Date
Event
Price
11/12/2023
Listed
$1,350,000
(+3.05%)
06/03/2022
Sold
$1,310,000
(+101.54%)
10/01/2014
Sold
$650,000
(+52.94%)
01/08/2001
Sold
$425,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$17,636
(+4.72%)
$1,162,300
Land 337,000 + Additions 825,300
2022
$16,841
(-4.17%)
$1,104,300
Land 337,000 + Additions 767,300
2021
$17,573
(+14.56%)
$1,044,700
Land 337,000 + Additions 707,700
2019
$15,341
(+3.44%)
$780,000
Land 301,500 + Additions 478,500
2018
$14,831
(+1.83%)
$809,100
Land 301,500 + Additions 507,600
2017
$14,564
$809,100
Land 301,500 + Additions 507,600
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Car-Dependent Walkable Very Walkable
Danielle Coletta Properties
Keller Williams, NJMG
1860750

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