Ridgefield Park, NJ 07660,62 Cedar ST
Ridgefield Park, NJ 07660,62 Cedar ST
Ridgefield Park, NJ 07660,62 Cedar ST
19
Listed by Junio M. Fermin HP Properties
Bought with Junio M. Fermin HP Properties
$299,000
$299,000
Est.Price: ?

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62 Cedar ST Ridgefield Park, NJ 07660

Est. payment /mo
SOLD DATE : 08/22/2022

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Key Details

Sold Price $299,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 21044029

Sold Date 08/22/22

Style Retail

Property Sub-Type Retail

Property Description

THIS OFFERING IS REPRESENTING THE OPPORTUNITY TO ACQUIRE A LICENSE DAYCARE (NURSERY), CENTRALLY LOCATED IN THE DENSELY POPULATED SECTION OF BERGEN COUNTY, MINUTES TO NYC TRANSPORTATION AND NJ MAIN HIGHWAYS.THE DAYCARE CONSISTS OF 3 ROOMS PLUS 2 BATHS. THE SELLERS WILL OFFER THE NEW BUYERS FIVE PLUS 5 YEARS NET LEASE AT $5,000 PER MONTH; WITH AN ANNUAL RENT INCREASE OF 3%. PLUS AN ADDITONAL 5 YEARS LEASE EXTENTION OPTION. THE STATE LICENSE DAYCARE IS LOCATED IN RIDGEFIELD PARK, THERES CURRENTLY 35 KIDS WITH THE OPPORTUNITY TO EXPEND. THERE'S A PLAYGROUND IN SITE. 99% OF THE KIDS TUITIONS ARE PAID BY THE PARENTS AND THE REST ARE SUBSIDIZED BY THE STATE. FOR FINANCIAL SEE ATTACHMENTS....OWNED BY A 501C3 NON PROFIT ORGANIZATION

Location

State NJ

County Bergen

Interior

Heating Gas

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agent

Stanley Francois

Agent/Team Leader & CEO | License ID: 1750744

+1(201) 467-9294

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