114 Eagle Rock Ave Roseland Boro, NJ — $2,350,000

Listing data last changed 3/14/2024
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114 Eagle Rock Ave | Roseland Boro

$2,350,000 | 5 Baths (5 Half) | 0.0 Sq. Ft.

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. GSMLS 3884216

Directions to property: Tannery Lane to Baldwin Ct

MLS Listing ID: 
GSMLS 3884216
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$2,350,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Roseland Boro
Address: 
114 Eagle Rock Ave, Roseland Boro, NJ 07068-1324, U.S.A.
County: 
Essex
Latitude: 
40.8198400
Longitude: 
-74.2888300
Directions: 
Tannery Lane to Baldwin Ct
Public Remarks: 
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.
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
2023
Living Area: 
0.0
Basement: 
Finished, Full
Construction
Construction Materials: 
See Remarks
Roof: 
See Remarks
Exterior: 
Composition Siding
Energy Information: 
See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
5
Total Half-Bathrooms: 
5
Utilities
Information about utilities available on the property.
Heating System: 
2 Units
Heating System Fuel: 
Gas-Natural
Cooling System: 
2 Units, Central Air
Water Source: 
Public Water
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.63
Lot Size (Dimensions): 
1.63 AC
Waterfront: 
0
Lot Features
Driveway: 
Additional Parking, Blacktop, Driveway-Exclusive, Hard Surface
Parking Type: 
Additional Parking, Blacktop, Driveway-Exclusive, Hard Surface
Total Parking Spaces: 
6
Public Record
Parcel Number: 
1618-00046-0000-00006-0000-
Lot Number: 
6
Annual Tax: 
$18,635.00
Property Zoning: 
Residential
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
2/1/2024
Contract Details
Details about the listing contract.
Possession: 
TBD
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
PROMINENT PROPERTIES SIR

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