558 S Broad St, Bayway, NJ 07202 - Union County

Great investment property. Could also be a good opportunity for developer to build new appartements or may be possible to subdivide right side and build new 2 family. Commercial 5-unit building sitting on a 71x100 lot with 2 driveways. Let side is driveway with 2 car garage with loft above garage, leased to a contractor along with 2 one-bedroom units on1st. floor for $3,500.00. 2nd floor studio rented for $900.00 and the other 2 two-bedroom units rented for $1,500.00 each. The right side of the property have 8 parking spaces. The basement is finished. one Heating furnace that is 2 years old and heats entire building.

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