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114 Eagle Rock Ave , Roseland Boro, NJ 07068-1324

$2,350,000

Detail

  • Property ID: 3883934
  • Price: $2,350,000
  • Bedrooms: 6
  • Bathrooms: 5
  • Half Baths: 1
  • Garage: 2
  • Year Built: 2023
  • Property Type: Single Family
  • Property Status: For Sale

Description

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.

  • Address: 114 Eagle Rock Ave
  • City: Roseland Boro
  • State/county: ESSEX / NJ
  • Zip/Postal Code: 07068-1324
  • Country: United States

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Listing information last updated on 2024-04-22 12:00 PM.