NJ > North Caldwell Boro
North Caldwell Boro, NJ 07006,715 Main St
North Caldwell Boro, NJ 07006,715 Main St
North Caldwell Boro, NJ 07006,715 Main St
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$1,150,000
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3,616 SqFt
Active

715 Main St North Caldwell Boro, NJ 07006

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Isaac De Castro

Isaac De Castro

+1(646) 626-7901

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,616 sqft

Price per Sqft $318

MLS Listing ID 4002524

Year Built 1910

Annual Tax Amount $13,209

Tax Year 2024

Property Description

715 Main St, North Caldwell, NJ presents a rare, high-upside development opportunity in one of Essex County's most sought-after suburban markets. Situated on a 50' 100' lot with 5 on-site parking spaces, this property is approved for conversion into a 5-unit residential building, with two newly framed two-bedroom units created from the former commercial space in addition to the three existing apartments. The buyer will complete the project and secure final permits, opening the door to exceptional investment versatility: finish as a turnkey rental asset in a market where comparable housing rents average around $4,200/month, or pursue a profitable condo conversion supported by North Caldwell's strong demand, limited supply, and premium home values. Based on current rental trends, achievable ranges include 1BR: $1,800"$2,400, 2BR: $3,000"$3,500, and 3BR: $2,800"$3,800, creating a compelling income profile once stabilized. With its strategic location, top-rated school district, strong local demographics, and minimal multifamily inventory, this property is an exceptional opportunity for investors, builders, developers, and flippers seeking a project with multiple exit strategies and meaningful upside in a premier New Jersey community. Inquire within for this one-of-a-kind opportunity.

Location

State NJ

County Essex

Zoning R-2

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling 4+ Units

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature CedarSid

Utilities Available Gas-Natural

Roof Type See Remarks

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by PROMINENT PROPERTIES SIR

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Isaac De Castro

Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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