324 Union St, Carlstadt, NJ 07072

This well-maintained multifamily property at 324 Union St in Carlstadt, NJ, presents a significant investment opportunity with strong rental potential. The residence, built in 1922, offers flexible living arrangements and is situated on a 5,001 square foot lot. The property is designed to accommodate multiple occupants with distinct living spaces and independent utility services, including separate electric and natural gas for each unit, along with three separate heaters and hot water heaters.

Unit 1 features two bedrooms, an office space, an eat-in kitchen, a living room, one full bathroom, and one half bathroom. This unit also includes a laundry area and a finished basement that contains a recreation room and an additional half bathroom. For climate control, Unit 1 is equipped with central air conditioning and a forced-heat system, ensuring comfort throughout the year. The total finished square footage for the property is 1,920 square feet.

Unit 2 comprises two bedrooms, an eat-in kitchen, and a living room, complemented by a full bathroom. This unit also benefits from a front porch, providing an outdoor space. Heating for Unit 2 is provided by steam radiators. The property includes an attic, offering valuable additional storage capacity for residents.

Ample off-street parking is available, with space for up to eight vehicles. The property's infrastructure is designed for efficiency and independent management, with each unit having its own furnace and hot water heater. This setup is ideal for investors seeking income generation or owner-occupants looking to offset mortgage costs with rental income in a desirable Carlstadt location.

The property is located in Bergen County and has an annual tax amount of $10,557. The residential income property is classified as Multi Family, with a total of 4 bathrooms across its units. The combination of separate utilities, distinct living spaces, and substantial parking makes this a practical and appealing property for its intended use.