Active
114 Eagle Rock Ave
Roseland Boro NJ, 07068
$2,350,000
Active
Commercial
Built in 2023
Presenting an enticing investment prospect at 114 Eagle Rock Ave, Roseland an exclusive opportunity for developers and investors. This furnished modern farmhouse rental property, nestled on 1.63 acres (0.25 acre zone) with a vacant lot bordering Essex Fells, comes with a guaranteed lease boasting 18 months remaining at $12,000/month. Secure over $200K in future rental income while creating your development possibilities or building additional rental opportunities. The property's blend of modern amenities, smart technologies, architectural design and scenic views enhances its appeal for developers and investors seeking a unique opportunity for development or additional rental options. The inclusion of a 1.06 acre vacant flag lot expands possibilities, allowing for creative development strategies. The property's features, such as 5.5 spa-like baths, Thermador chef's kitchen, spacious bedrooms, and serene surroundings, adds to its allure. The potential to build on the rear lot while generating income from the front home or exploring various development options makes this a versatile investment prospect.
3884216
MLSⓇ ID
May 9, 2024
Updated
Map
114 Eagle Rock Ave
Roseland Boro NJ, 07068
Interior Features
Total Stories
2
Interior Features
Wood
Floor Description
Wood
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
1.63 Acres
Lot Features
Wooded
Other Property Details
Taxes
$18,635
Tax Frequency
Annually
Garage
No
Parking Total
8
View
No
County
Essex
Water Source
Public
Pool
No
Zoning
Residential
Courtesy of PROMINENT PROPERTIES SIR with INGRID HART, THOMAS C BATCHA
Listing Contact: 2013208990
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