508 2nd St, Carlstadt, NJ 07072

This versatile two-family residence, located at 508 2nd St in Carlstadt, NJ, offers significant income-producing potential. Situated in the heart of Bergen County, the property provides convenient access to major highways, a variety of dining establishments, shopping centers, and numerous recreational activities. The home is built on a lot measuring 5,301 square feet and was originally constructed in 1900, with a total area of 3,322 square feet. This property presents an exceptional opportunity for investors, those seeking multi-generational living, or individuals desiring a home with built-in income generation capabilities.

The first-floor unit has undergone a complete renovation and is move-in ready. It features updated flooring throughout, a brand-new kitchen equipped with quartz countertops and new appliances, and a completely updated bathroom. The layout is designed for comfortable daily living and entertaining. Outdoor amenities include an impressive covered patio and a spacious backyard, offering ample room for relaxation and gatherings. Additional features for this unit include a private driveway and a two-car garage, with one of the garage spaces being attached. The partially finished basement provides valuable extra space for various uses.

The second-floor unit is currently rented and contributes immediate rental income. This unit comprises three bedrooms and one full bathroom. The property benefits from a public sewer system and has a baseboard heating system. Cooling is provided by multi-unit systems. The structure has a shingle roof and is situated within the Carlstadt (CAT) MLS area.

Further details include a total of 0 bathrooms listed in the public facts, though the description notes a full bath in the second unit. The property's total square footage is listed as 2,322 in the public facts, with 2,322 finished square feet. Annual property taxes were $9,471.00 in 2025. The property is identified by parcel number 05-00051-0000-00007, with tax block 51 and tax lot 7. This offering combines modern updates on one unit with existing rental income, offering a compelling combination of flexibility, location, and financial opportunity.