420 S Prospect Ave #1240, Bergenfield, NJ 07621-3336
420 S Prospect Ave #1240, Bergenfield, NJ 07621-3336Basic Details
- Date added: Added 3 weeks 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 distinct opportunity with two tenant-occupied units. A front vestibule provides access to both living spaces. The first-floor unit includes a living room, an updated eat-in kitchen equipped with white cabinetry and stainless steel appliances, two bedrooms, and one full bathroom. This unit also benefits from a convenient side entrance.
The second-floor unit features an open living and dining area, an updated kitchen, two bedrooms, and one full bathroom. Additionally, this unit offers pull-down attic access for enhanced storage solutions. Both units are designed with functionality in mind, providing comfortable living arrangements. The property was built in 1948 and has undergone renovations, with a renovated year noted as 2020.
A walk-out basement serves as a shared laundry area and provides separate storage spaces for residents. Notable updates include newer boiler systems and a water heater, ensuring efficient operation. The property is equipped with separate gas and electric meters, simplifying utility management. Exterior features include a two-car garage, a storage shed, ample driveway parking, a rear parking pad, and a fenced shared yard, contributing to the property's overall utility and appeal.
The total living area across both units is 1652 square feet, with each unit offering approximately 826 square feet. The property is situated on a substantial lot of 63,123 square feet. Heating is provided by radiators with steam, and cooling is managed by window air conditioning units. The property is conveniently located near shopping, dining, transportation options, and major roadways, making it an attractive prospect for investors or prospective owner-occupants seeking rental income potential.
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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