Paul E. Washington

Newark City NJ Commercial for Sale

Masonry-constructed neighborhood retail featuring two demised commercial leaseholds ideal for owner/users. Entire premises previously operated under barber shop use in which pre-existing buildout remain intact. Each space offers one half bath, ceiling fan ventilation and separately metered electric service. Gas service supplied by one meter and pre-existing heating system is forced hot air and space heater respectively. Property sold strictly As-Is w/ deferred maintenance and Buyer is solely responsible for obtaining all municipal cert(s) required for closing purposes. Onus solely on Buyer for confirmation of proposed property use as permitted by City of Newark Planning/Zoning. Building Size is approximate.

Irvington Twp. NJ Residential Income for Sale

Irvington Twp. NJ Residential Income for Sale

Paterson City NJ Residential Income for Sale

East Orange City NJ Residential Income for Sale

City Of Orange Twp. NJ Home for Sale

Newark City NJ Commercial Sale for Sale

Denville Twp. NJ Commercial Sale for Sale

Irvington Twp. NJ Commercial Sale for Sale

Irvington Twp. NJ Commercial Sale for Sale

Irvington Twp. NJ Residential Income for Sale

Irvington Twp. NJ Residential Income for Sale

Paterson City NJ Residential Income for Sale

Paterson City NJ Residential Income for Sale

Paterson City NJ Residential Income for Sale

Irvington Twp. NJ Residential Income for Sale

Irvington Twp. NJ Residential Income for Sale

Irvington Twp. NJ Residential Income for Sale

Irvington Twp. NJ Residential Income for Sale

Irvington Twp. NJ Commercial Sale for Sale

Irvington Twp. NJ Residential Income for Sale

Newark City NJ Commercial Sale for Sale

City Of Orange Twp. NJ Land for Sale

Bloomfield Twp. NJ Home for Sale

Irvington Twp. NJ Residential Income for Sale

Kenilworth Boro NJ Commercial Sale for Sale

Irvington Twp. NJ Commercial for Sale

Thoughtfully renovated low-rise apartment walk-up offering 1-Bed/2-Bed unit mix w/ separately metered electric/gas utilities. Features include living room, EIK, closet space, stackable W/D laundry, engineered wood flooring condo-grade full baths and forced hot air heating system in each unit. Common areas illuminated by motion sensor lighting. New HW tanks, 1st floor heating units and sump pump located in spacious full unfinished basement w/ dual access points. New owner responsible for own trash removal service contract. Anticipated Going-In rate of return benefits include 9.3% Cap Rate and 20.56% Cash-on-Cash. Investment opportunity ideal for 1st time Buy/Hold investors seeking in-place positive cashflow and seasoned principals of small-sized apartment holdings w/ portfolio expansion requirements.

Westfield Town NJ Home for Sale

West Orange Twp. NJ Home for Sale

Scotch Plains Twp. NJ Home for Sale

East Orange City NJ Commercial Sale for Sale

Introducing 671 Park Ave, a 3-story Class C commercial property with overall site utility primed for early childhood learning/daycare use. The facility currently is licensed to operate as childcare 6 - 13 years on the 1st and 2nd floors only; 3rd floor and basement excluded. This free-standing frame/concrete combo structure offers new ownership an opportunity to acquire a turnkey facility inclusive of large open learning areas, private office space, restroom facility and emergency egress on each level, full size semi-finished basement and ample fenced-in playground area in the rear lot. Built in 1914, the site erected on a well-manicured 0.14 AC land parcel features 48' lot frontage with exposure along the county thoroughfare of Park Ave and immediate access to public bus transportation. Building Size excludes basement space. Property entails one on-site parking strip in front lot that accommodates 1-2 vehicles plus on-street parking. Daycare business is not for sale. Ownership open to assisting buyer navigate the application process for obtaining their own licensing.

Kearny Town NJ for Rent

Small business friendly neighborhood storefront offering +/- 689 sf with raised floor platform and sales area with open floor plan, storage space and bonus room for proposed office use. Large casement window offers abundant natural lighting and approx.13' street frontage exposure to traffic light intersection along the highly active Kearny Ave commercial corridor boasting +11,000 VPD. Engineered wood flooring, drop ceiling w/ 7-8 ft height, fluorescent/flush mount lighting represent primary interior features. Access to shared kitchenette area serves as prime amenity and unisex restroom facility available in rear common area. Fire extinguisher, smoke detector, emergency exit lighting and use of video surveillance system round out space safety features. Tenant responsible for pro rata share of utilities; electric, gas, heating and snow removal.

Newark City NJ for Rent

Small business-friendly corner retail storefront featuring +/- 700 sf with 9' window street frontage. Pre-existing L-shaped space includes open plan sales floor, closet storage, private office and one restroom facility. Interior items entail engineered wood flooring, ceiling height (8-9 ft), adundent recess lighting and large casement window. Rear egress ideal for loading and deliveries. Tenant responsible for own electric/gas utilities plus heat/cooling. Convenient location near multiple schools and one block from Bergen St commercial corridor.

Jersey City NJ for Rent

Mom & Pop/Franchise compatible retail storefront featuring versatile open floor plan ideal for businesses seeking single-destination presence and operation expansion. With prominent corner lot visibility within prime Bergen-Lafayette commercial district and approximately 16 ft panoramic street frontage, this space with in-place fit-out for office/storage is perfectly positioned for maximum exposure and utility. The building is equipped with side door egress for loading/deliveries and wet fire sprinkler system ensuring safety compliance for peace of mind. Accessibility to public modes of transportation (Bus & Hudson-Bergen Light Rail - MLK Station) offer convenience for both customers and work staff. Key principal uses include general retail services, professional/medical office, educational and art gallery.

Irvington Twp. NJ Commercial Sale for Sale

Introducing 1400 Springfield Ave Shops, a fully stabilized neighborhood retail center in the Upper Irvington section of Irvington, NJ. This +6,200 SF building comprises 4 commercial leaseholds dba assorted local business types inclusive of food/tax/laundromat services, and is zoned B-4; General Business. Located along the I-78/Garden State Parkway corridor of East Essex County, this property boasts a 100% occupancy rate, presenting in-place cashflow for the discerning Core Plus long-term hold investor. With strategic county thoroughfare geography along Springfield Ave (approx. 42,258 VPD within 0.10 mile radius) adjacent to the suburban Maplewood border and rental income upside from below-market lease rates, this retail strip center asset offers a compelling investment proposition for continued financial growth.

Livingston Twp. NJ Home for Sale

Newark City NJ Commercial Sale for Sale

3-story mixed-use offering 3 units comprised of two 3-BD apartments anchored by one neighborhood retail storefront. Located on upper levels, each elongated-shaped apartment with wood flooring & storm windows features dedicated living room space, eat-in kitchen, one centralized full bath and front/middle bedrooms respectively. The commercial leasehold w/ 9 ft ceiling height currently operating under restaurant use contains an in-place ventilation system affording hot kitchen use and sole access to stand-up unfinished basement as well as fenced-in courtyard w/ gated exterior side egress ideal for loading purposes. Utility infrastructure offers separately metered electric & heat/hot water fueled by gas for all units while the commercial tenant assumes full responsibility of cold water/public sewer expense for the entire building. Convenient Upper Vailsburg geography offers immediate access to NJ Transit public bus transportation/local shopping and high walkability to South Orange-based Seton Hall University. New ownership positioned to benefit from return-on-investment upside thru vacant apartment lease-up at market rate plus 3.0% annual rent escalations from commercial tenant and rent improvement in one unit currently -28% below the immediate area?s median market rent of $2,350 for 3-Bed unit type. Investment opportunity ideal for owner/user thru vacant apartment occupancy or small Core Plus investors open to minor property enhancements and minimal management responsibilities.

Irvington Twp. NJ Commercial Sale for Sale

Introducing 742 Lyons Ave Mixed Use, a 3-story masonry construction offering +7,800 sf inclusive of 7 separately metered income producing units; four 3-Bed/1-Bathapartment dwellings and three retail storefronts anchored by national pizza brand. Current 100% occupancy serves as basis for in-place cash flow and apartment rental income upside ranging -52% below the area's median market rate. Built around 1960, this corner lot asset benefits from high corner lot visibility at a signalized 4-way traffic intersection adjacent to the Garden State Parkway and close proximity to I78/Irvington Park. The property is zoned B-1 "Neighborhood Business" offering versatile potential for businesses. Amenities include on-site driveway parking for 5-6 vehicles and immediate access to public bus transportation. With scalable rental improvement and excellent location, this property presents a compelling opportunity for Core Plus/Value Add investors seeking long-term growth potential in the commercial real estate space.

Hawthorne Boro NJ Commercial Sale for Sale

3-story mixed-use income property asset centrally located in the high barrier-to-entry Borough of Hawthorne, NJ features a balanced unit mix of one 2-Bed/1-Bath apartment & bonus full attic space both anchored by one storefront w/ 16ft street frontage retrofitted for convenience store use. Street-level retail offers an open floor concept entailing shelved display space, elevated countertop, 7-8 ft ceiling height, sizable casement windows, one restroom facility and private rear storage room. Active licensing for NJ Lottery can be transferable to new ownership. Video surveillance system, hardwired smoke/carbon & central fire station box serve as primary security/fire safety features. Full basement & on-site parking. Large apt includes. EIK, sep. LR/DR areas, one full bath & access to enclosed heated back porch. Utilities separately metered. 3rd floor unfinished attic w/ vaulted ceilings, storm windows and open floor concept represents bonus square footage ideal for a proposed bi-level unit with 2nd FL unit subject to municipal approval. Property zoned R-2. Priced to sell strictly in "as-is" condition shifting responsibility for obtaining all municipal permits/certificates required for closing purposes to the prospective buyer. Value-add investment opportunity ideal for private investors seeking either stakeholder position as owner/user or adaptive re-use play to force appreciation at market rental rate cash-flow upon renovation completion & full lease-up stabilization.

Hawthorne Boro NJ Commercial Sale for Sale