This well-maintained two-family residence at 88 Echo Place in Elmwood Park, New Jersey, presents a significant investment opportunity. Situated on an expansive lot, this property offers a total of five bedrooms and two full bathrooms across its two units. The home includes a partially finished basement, providing additional living and storage space, and is complemented by an attached two-car garage with ample on-site parking. Its location is highly desirable for commuters, offering convenient access to major roadways, including the Garden State Parkway and Route 46, as well as bus lines to New York City.
The first unit features a foyer entrance leading into a bright living room with hardwood flooring. This unit includes an eat-in kitchen, one full bathroom, and three well-proportioned bedrooms. The second unit, located on the upper level, also offers a sunlit living room and an eat-in kitchen. It is equipped with one full bathroom and two sizable bedrooms, providing comfortable living quarters. Both units benefit from separate utilities and private entrances, enhancing convenience and privacy for residents.
The partially finished basement adds considerable value, featuring a large multi-purpose recreation room with a dry bar, ideal for entertaining. This level also contains a dedicated storage room, laundry facilities, and access to utilities. Throughout the home, comfort is ensured with central air conditioning and lighted ceiling fans. The exterior of the property includes a peaceful backyard with a deck and a covered patio, all enclosed by a fence for privacy and security. The oversized two-car garage, combined with a double-wide driveway, provides substantial parking for residents and guests.
Built in 1952, this residential income property spans 2,092 total square feet on a lot measuring 7,383 square feet. The property is located in Bergen County, with annual taxes recorded at $11,511. Essential utilities such as natural gas and electricity are connected, with natural gas also available. This multi-family dwelling is strategically positioned near shopping and dining establishments, making it an attractive option for those seeking both income potential and a prime location within the Elmwood Park market.
RE/MAX 1st Advantage
732-827-5344
RE/MAX 1st Advantage
732-827-5344
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