109 Bergen Ave, Bergenfield, NJ 07621

This residential property located at 109 Bergen Ave in Bergenfield, NJ, presents a compelling investment opportunity. Built in 1916, the property offers a total finished square footage of 1,286 on a lot size of 4,874 square feet. The property is zoned as Residential Income and is a Multi-Family dwelling. It features two full bathrooms and is situated in Bergen County.

The property is configured into two distinct units. Unit 1 includes a living room, dining area, a kitchen equipped with stainless steel appliances, one large bedroom, and a full bathroom. This unit also provides exclusive access to a full, partially finished basement that contains a versatile bonus room suitable for various uses, such as a home office or recreation space. An in-unit laundry area is also part of this unit's amenities. Unit 2 comprises an eat-in kitchen, a spacious living room, one large bedroom, and a full bathroom.

Outdoor amenities include a two-car detached garage, a small deck, and a paver patio, offering spaces for relaxation and entertaining. Both units are currently occupied under month-to-month leases. The current rental income is reported to be below market value, indicating potential for increased revenue. The property is being sold in As-Is condition, and the sale is contingent upon the seller's completion of a 1031 exchange.

Conveniently situated, the property offers proximity to local shopping, dining establishments, parks, schools, and public transportation options. The annual property taxes are $10,309. Utilities available include Natural Gas and Electricity, with Natural Gas connected. This property is located in the neighborhoods of Northwest Teaneck and West Englewood.