25 Russell Ave
3 Unit Apartment Building Offered at $2,451,230 CAD in Edgewater, NJ 07020
EXECUTIVE SUMMARY
Welcome to 25 Russell Ave – A Historic Brownstone w Modern Upgrades & Prime Investment Potential! Built in 1895, this fully gut renovated three-family brownstone blends historic charm w modern luxury. It offers a unique chance to own a piece of the town’s history with contemporary upgrades. Each unit features brand-new electrical, plumbing, HVAC, hardwood floors, stylish kitchens & bathrooms w sleek LED lighting. The first-floor unit has 2 bedrooms & 1 bathroom and access to the backyard, while the second & third floors each offer 3 bedrooms & 1 bathroom. With approximately 1,100 sq. ft. per unit, separate utilities & four deeded parking spaces, this property is ideal for investors or owner-occupiers. Ultra-low taxes of just $11,422 per year enhances its appeal! Additional income potential includes leasing space for a cell antenna or converting units into condos (semi approved). Don’t miss this rare opportunity—schedule your private showing today! Reach out to George Marogi (201) 694-9054
PROPERTY FACTS
| Price | $2,451,230 CAD |
| Price Per Unit | $817,077 CAD |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 3,120 SF |
| No. Stories | 3 |
| Year Built | 1895 |
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Walk Score®
Very Walkable (78)
