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$900,000 USD
100 Claremont Ave
Verona, New Jersey 07044
USA
Verona, New Jersey 07044
USA
3 full baths
Commercial for Sale, Multi-Family Home
Sale price per sqm: 0
Remarks:
Stabilized 3-unit property delivering strong current income with built-in upside. All units leased, generating $4,887.50/month in residential rents plus $230/month from a separately rented garage. $61,410 gross annually. Unit mix: two 2-bedroom/1-bath and one 1-bedroom/1-bath. All units separately metered with tenants paying their own utilities, keeping operating expenses low and cash flow predictable. In-basement laundry, plus assigned parking for each unit. Current rents are below market comparable units in Verona support an additional $200/month per unit at lease expiration, providing a clear path to increased returns without renovation. Lease expirations stagger through 2026, offering stabilized income today with natural rent reset opportunities ahead. Verona's rental demand remains strong, driven by top-rated schools, a walkable downtown, and direct NYC transit access. A clean, income-producing asset in a high-demand market. Perfect for the buy-and-hold investor looking to add a performing property to their portfolio.
Open/Brokers House Thursday April 2nd, 2026 11am-1pm
Open/Brokers House Thursday April 2nd, 2026 11am-1pm
Location:
100 Claremont Ave, Verona, New Jersey 07044, USA
Listed By CENTURY 21 The Crossing
The Commercial for Sale, Multi-Family Home located at 100 Claremont Ave, Verona, New Jersey 07044, USA is currently for sale. 100 Claremont Ave, Verona, New Jersey 07044, USA is listed for $900,000 USD. This property has 3 full baths. If the property located at 100 Claremont Ave, Verona, New Jersey 07044, USA isn't what you're looking for, search New Jersey Real Estate to see other Commercial For Sale in Verona.
