$2,350,000
Active
144 Days Online
0 Beds5 Baths0 SQFT
Active

114 Eagle Rock Ave Roseland Boro, 07068

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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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyEssex
  • Taxes$18,635
  • HOA/Condo/Coop Fees$0
  • Days on Site144 Days
  • MLS StatusActive
  • MLS ID Number3884216
  • Home Size Source N/A
  • Year Built2023
  • Lot Size1.63 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Additional ParkingBlacktopDriveway- ExclusiveHard Surface
  • Parking Spaces 8
  • Basement FinishedFull
  • Number of Stories 2
  • Acreage 1.63
  • Water Public
  • Property Sub Type Mixed Use
  • Zoning Residential

Interior Features

  • Cooling 2 UnitsCentral Air
  • Heating Heat Source: Gas- NaturalHeating Type: 2 Units
  • Flooring Wood

Exterior Features

  • Roof See Remarks
  • Lot Wooded Lot

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Monthly Payment (Est.)

$12,344
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