420 S Prospect Ave #1240, Bergenfield, NJ 07621-3336
420 S Prospect Ave #1240, Bergenfield, NJ 07621-3336Basic Details
- Date added: Added 1 week ago
- Type: Residential
- Category: For Sale
- Status: Open
Description
-
Description:
This two-family residence at 420 S Prospect Ave #1240 in Bergenfield, NJ, presents a compelling opportunity with its dual living spaces, each currently tenant-occupied. A welcoming front vestibule provides convenient access to both units. The first-floor unit comprises a living room, an updated eat-in kitchen featuring white cabinetry and stainless steel appliances, two bedrooms, and one full bathroom, complemented by a side entrance.
The second-floor unit offers an open living and dining area, an updated kitchen, two bedrooms, and one full bathroom. This unit also includes pull-down attic access, providing additional storage solutions. Both units benefit from updated kitchen features and wood flooring, contributing to their appeal. The property is situated on a substantial lot, approximately 63,123 square feet, with a level terrain.
Shared amenities include a walk-out basement that houses laundry facilities and offers separate storage areas for each unit. Recent updates to the property include newer boiler systems and a water heater, ensuring efficient operation. The residence is equipped with separate gas and electric meters for each unit. Exterior features include a two-car garage, a storage shed, ample driveway parking, a rear parking pad, and a fenced shared yard.
The property's mechanical systems include radiators with steam heating fueled by natural gas, and window air conditioning units for cooling. The building was constructed in 1948 and underwent renovations in 2020. Conveniently located near shopping, dining, transportation hubs, and major roadways, this property is well-positioned for investors or prospective owner-occupants seeking to leverage rental income from one unit while residing in the other.
Property Details
- Price per sqft: $454
- Cooling features & Heating features: 2 Units, Radiators - Steam
- Bedrooms: 4
- Bathrooms: 2
- Appliances: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
- Source: GSMLS
- MLS Number: 4052028
- Area: 1652 sq ft
- Total rooms: 2
- Year built: 1948
Amenities & Features
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Parking
Parking Information
- # Of Parking Spaces: 4
- Parking/Driveway Description: Driveway-Exclusive
Interior
Bathroom Information
- # Of Full Bathrooms: 2
Room Information
- # Of Rooms: 8
- Has Basement
- Basement Description: Unfinished
Interior Features
- Interior Features: Carbon Monoxide Detector
- Water Heater: Gas
Heating & Cooling
- Heating: 2 Units
- Heating Fuel Type: Gas-Natural
- Cooling: Window A/C(s)
Multi Unit Information
- # Of Units: 2
- Net Operating Income: 37100
- Gross Operating Income: 55500
- Total Operating Expenses: 18400
- Expenses Include: Garbage Collection
Unit 1 Information
- # Of Bedrooms: 2
- # Of Bathrooms: 1
- # Of Levels: 1
- # Of Rooms: 4
- Room Description: Bedrooms
- Appliances/Equipment: Dishwasher
- Lease Expiration: Saturday, October 31, 2026
- Owner/Tenant Pays: Owner Pays Water
- Rent: 2375
- Security Deposit: $3,562
- Total Sq. Ft.: 826
Unit 2 Information
- # Of Bedrooms: 2
- # Of Baths: 1
- # Of Levels: 1
- # Of Rooms: 4
- Room Description: Attic
- Appliances/Equipment: Dishwasher
- Lease Expiration: Thursday, December 31, 2026
- Owner/Tenant Pays: Owner Pays Water
- Rent: 2258
- Security Deposit: $3,387
- Total Sq. Ft.: 826
Exterior
Exterior Features
- Exterior Features: Patio
- Siding Description: Brick
- Roof Description: Asphalt Shingle
Building Information
- Construction Date/Year Built Description: Renovated
Property Information
- Unit Style: 2-Two Story
- Renovated Year: 2020
Lot Information
- Lot Description: Level Lot
- Easement: No
- Approximate Lot Size: 63,123
Financial
Tax Information
- Tax Amount: $12,970
- Tax Rate Amount: $3.74
- Tax Year: 2025
- Tax Rate Year: 2026
Assessment Information
- Assessment Building: $178,700
- Assessment Land: $168,300
- Assessment Total: $347,000
Utilities
Utility Information
- Services: Cable TV
- Utilities: Electric
- Sewer: Public Sewer
- Water Source: Public Water
Public facts
- Beds: —
- Baths: —
- Finished Sq. Ft.: —
- Unfinished Sq. Ft.: —
- Total Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Bergen County
- APN: 1103-00292-0000-00004-0000-
Other
Listing Information
- Attribution Contact: 201-934-0600
Nearby Schools
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Schools: Lincoln Elementary School
- Public
- PreK-5
- Assigned
- 0.2 miles
Roy W Brown Middle School- Public
- 6-8
- Assigned
- 0.8 miles
Bergenfield High School- Public
- 9-12
- Assigned
- 0.7 miles
Whittier Elementary School- Public
- K-4
- Assigned
- 0.8 miles
Benjamin Franklin Middle School- Public
- 5-8
- Assigned
- 1.1 miles
Maayanot Yeshiva High School For Girls- Private
- 9-12
- Assigned
- 0.7 miles
Wilbert F Mays Seventh-Day Adventist School- Private
- PreK-8
- Assigned
- 0.8 miles
Yeshivat He'atid- Private
- PreK-8
- Assigned
- 0.8 miles
Torah Academy Of Bergen County- Private
- 9-12
- Assigned
- 0.8 miles
Place
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Place: Smoke N Ashes Cigar Lounge
- Sports Bar
- Hotel Bar
- Music Venue
- Cocktail Bar
Quickly- Bubble Tea Shop
- Café
- Restaurant
Tous Les Jours- Bakery
- Café
Good Shepherd Pre-School- Preschool
- Child Care Service
- Daycare
Montesori Early Learning Center- Preschool
- Child Care Service
Next Generation Pediatric Urgent Care- Urgent Care Center
Teaneck Armory- Arts and Entertainment
Debonair Music Hall- Rock Club
- Restaurant
- Bar
- Mexican Restaurant
Lidl Us- Grocery Store / Supermarket
New Bridge Farmers Market- Farmers' Market
- Fruit and Vegetable Store
- Grocery Store / Supermarket
Agent
ANN MARIE DILONARDO
TERRIE O'CONNOR REALTORS
Location
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