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466 Rt 206, Andover Township, NJ 07860
$895,000
466 Rt 206, Andover Township, NJ 07860View this property at 466 Rt 206, Andover Township, NJ 07860
466 Rt 206Andover TownshipNJ07860
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Property Description
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.
Full Property Details
Full Property Details for 466 Rt 206
General
- Price: $895,000
- Taxes: $14,940 (2023)
- Status: Active
- Type: Retail
- MLS ID: 3898907
- Updated: 4/30/2024
- Added to Site: 21 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease/Rent Term: Modified
- Lease Includes: See Remarks, Taxes, Trash Removal
- Lease Terms: See Remarks
Rooms
Bathrooms
- Total Bathrooms: 2
- Restrooms: 3
Additional Information
- Equipment: Restrooms - Private, Storage Area(s)
Parking
- Parking: Additional Parking, Driveway-Shared, Parking Lot-Shared
Location
- County: Sussex
- Driving Directions: Route 206 Andover
- Location Details: Business District, Highway Location
Heating & Cooling
- Cooling Type: Wall A/C Unit(s)
- Heating Type: Baseboard - Hotwater, Radiators - Hot Water
- Heating Fuel: OilAbIn, OilAbOut
Utilities
- Sewer: Septic
- Water: Public Water, Well
- Utility Description: Electric, See Remarks, Cable TV, Fiber Optic, Garbage Included
Structural Information
- Construction: Formed Concrete, Wood
- Exterior Const.: Composition Siding, Concrete, Wood
- Basement: Yes
- Basement Desc.: Bilco-Style Door
- Roof: Asphalt Shingles
- Ceiling Height: 14
- Stories in Building: 2
- Square Feet: 3,839
- Aprox. Leasable: 3,839 Sq. Ft.
- Office: 450 Sq. Ft.
- Year Built: 1950
- Remodeled/Updated: 2020
Unit Information
- 1 Bedroom Units: 1
- 2 Bedroom Units: 2
- Units w/Full Bath: 2
Lot Features
- Lot Size (Acres): 4.42
- Lot Size: 4.42 ACS
- Permitted Use: Mixed Use
- Zoning: R0.5
Financial Considerations
- Price Per Sq. Ft.: $233
- Expenses: Insurance, Maintenance - Exterior, Snow Removal, Taxes
- Assessment Amount: $367,900
- Land Assmt: $217,100
- Tax Amount: $14,940
- Tax Year: 2023
- Owner Pays: Snow Removal
- Tenant Pays: Electric, Heat, Maintenance-Lawn, Oil
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Leases, Site Plan, Survey Available
- APN: 2802-00154-0000-00048-0000-
- Block: 154
- Lot Number: 48
Listed by Fairclough Realtors
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Schools
Schools serving 466 Rt 206
School District:Andover Regional Schools
Rating | Name | Grades | Distance |
---|---|---|---|
707 Limecrest Rd, Newton, NJ 07860 | 5-8 | 3.4 mi | |
219 Newton Sparta Rd, Newton, NJ 07860 | PK-4 | 3.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 466 Rt 206
Date
Details
Price
Change
Source
4/30/2024
Listed
$895,000
132.47%
MLS
1/05/2005
Sold
$385,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 466 Rt 206
Year
Property Taxes
Change
Tax Assessment
Change
2022
$14,319
1%
$367,900
—
2021
$14,113
3%
$367,900
—
2020
$13,748
2%
$367,900
—
2019
$13,428
2%
$367,900
—
2018
$13,219
2%
$367,900
—
2017
$12,935
3%
$367,900
—
2016
$12,520
1%
$367,900
6%
2015
$12,349
6%
$346,700
—
2013
$11,680
—
$346,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 466 Rt 206
466 Rt 206, Andover Township, NJ 07860 (MLS# 3898907) is a Retail property. 466 Rt 206 is currently listed for $895,000 and was received on April 30, 2024. Want to learn more about 466 Rt 206? Do you have questions about finding other Retail real estate for sale in Andover Township? You can browse all Andover Township real estate or contact a Coldwell Banker agent to request more information.