466 Rt 206 Andover Twp, NJ ^$ 895,000

466 Rt 206

^$ 895,000

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466 Rt 206

Andover Twp, NJ, 07860

^$ 895,000

Studio Baths0.3 Sq 3,839

Monthly Estimate*

^$ 5,948

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Studio

Commercial Property for sale in Andover Twp, NJ

for $895,000 with 3 half baths. This 3,839 square foot building was built in 1950 on a lot size of 4.42.

Four Buildings on one 4.42 Acre parcel with very visible highway frontage on Rt 206.Currently One 2 Unit Multi-Family, Two Commercial Income Producing Properties and a storage shed.The additional land could be utilized to build 2nd residential structure and/or an additionalstorage shed to add a 6th and possibly 7th building to this well situated 4.42 acre parcel.Near a corner traffic light, this is one of the most well traveled corridors in Sussex County and with the train station opening in Andover that will connect to NYC only a few miles away, the value of this opportunity will only increase in time.

Commercial Active

Price

^$ 895,000

Bedrooms

Studio

Half Bath

Property Type

Commercial

Taxes

^$ 14,940

Style

MixedUse

Lot Size

4.42

Year Built

1950

Town/City

Andover Twp

County/Region

Sussex

MLS | Web ID

3898907

Features

General

Sewer Septic

Construction Formed Concrete Wood

Heating Baseboard - Hotwater Radiators - Hot Water

Cooling Wall A/C Unit(s)

Utilities Electric See Remarks

Possession at closing

Roof Asphalt Shingle

Zoning R0.5

Year Built 1950

Tenant Pays Electric Heat Maintenance-Lawn Oil

Township Andover Twp.

Property Type Mixed Use Office/Apartments Strip/Shopping Center MixedUse

Tax Year 2023

Percent Ownership Fee Simple

Location Business District Highway Location

Lease Information See Remarks

County Sussex

Status Active

Directions Route 206 Andover

Total Units 4

Street Name Rt 206

Tax Annual Amount 14940

Drive Additional Parking Driveway-Shared Parking Lot-Shared

Leasable Area 450

Days on Market 0

Lease Type Modified

Standard Status Active

Tax Assessed Value 367900

Town # 2802

Tax Lot 48

Farm Assessment No

Interior

Basement Bilco-Style Door

Fuel Type OilAbIn OilAbOut

Total Stories 2

Half Baths 3

Exterior

Water Source Public Water Well

Exterior Description Composition Siding Concrete Wood

Building Area Total 3839

Lot Dimensions 4.42 ACS

Lot Size Acres 4.42

* Excluded Features

List By

MARC WEITZ

Listing Agent

Fairclough Realtors

Broker

marcaweitz@gmail.com

Affordability Calculator

$7,193

Per Month

Monthly Principal & Interest: $5,948
Monthly Property Taxes: $1,245
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Andover Twp, NJ

Average List Price ^$562,972

Percent of Sale Price 37%

About Andover Twp, NJ

6,181 Population

5% Since 2002

^$106,708 Median Income

47.48 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
4/30/2024	$895,000		Listed Price

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466 Rt 206, Andover Twp, NJ, 07860 is a Commercial Property for sale at $895,000 with 3,839 sqft and a lot size of 4.42. 466 Rt 206 is a studio with 0.3 baths and was built in 1950. The property's zip code is 07860 which is in Andover Twp, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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466 Rt 206

Commercial Property for sale in Andover Twp, NJ

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