This property at 2461 Rossett Street in Fort Lee, New Jersey, presents a rare opportunity to acquire side-by-side all-brick duplexes situated on a substantial 65x175 foot lot. Each unit offers three bedrooms and three and a half bathrooms, making this an ideal scenario for investors seeking immediate rental income or for an owner-occupant arrangement. The location is within a sought-after residential area in the northern part of Fort Lee, adjacent to Englewood Cliffs. The duplexes were extensively renovated in 2020, featuring a modern open-concept design and high-end finishes throughout both residences. The total finished square footage across both units is 5,351. The property includes a two-car attached garage, providing convenient parking for residents.
Both units have been recently and comprehensively renovated, showcasing a contemporary open-concept layout and premium finishes. Interior features include hardwood and tile flooring, a beautifully updated eat-in kitchen, and spacious living areas. Each duplex also benefits from a finished basement with a separate entrance, a dedicated washer and dryer, and a skylight, enhancing the functionality and appeal of each living space. The property boasts an incredibly expansive backyard, offering significant outdoor potential.
From an investment standpoint, this property is structured to generate immediate rental income. Unit B has been recently leased at a monthly rate of $5,200. Unit A currently has one year remaining on its lease term, ensuring a stable and predictable cash flow from the outset. The property is zoned for residential income and is classified as a multi-family dwelling.
The strategic location of 2461 Rossett Street offers outstanding convenience. It is situated just one block from a distinguished elementary school, recognized as a two-time National Blue Ribbon School, most recently in 2024. Proximity to a shopping mall, major highways, and a bus stop for New York City further enhances its desirability for residents. The property is built on a lot size of approximately 0.25 acres and was constructed in 1997. The total number of parking spaces is two, with two garage spaces available.
Cosmo Realty, Inc.
201-522-7000
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