8 Cumbermeade Rd, Fort Lee, NJ 07024

This all-brick legal two-family residence at 8 Cumbermeade Road in Fort Lee, NJ, presents a significant income-generating opportunity for investors. The property is configured with two spacious apartments, each offering three bedrooms and two bathrooms. Both units feature large eat-in kitchens and separate dining rooms, providing ample living and entertaining space. The first-floor apartment includes an above-grade legal unit with its own entrance, offering flexibility for extended family, guests, a home office, or additional recreational space.

Additional features of this property include deep garages with substantial storage capacity, a shared laundry room, and hardwood flooring throughout. The exterior boasts a backyard and additional off-street parking situated in front of the garages. The lot measures 50 x 116 feet, encompassing a generously sized yard that provides valuable outdoor amenity. Each apartment is equipped with separate utilities, enhancing operational efficiency and tenant convenience. Tenants are responsible for gas, electric, and heat, while the landlord covers water and common-area electricity costs.

Recent upgrades include the installation of new high-efficiency windows throughout the property approximately three years ago. This home is well-suited for cosmetic updates and personalization, allowing a new owner to enhance its features while leveraging its solid construction and advantageous location. The property is conveniently situated near express New York City transportation routes, as well as local dining establishments, shopping centers, and other essential amenities.

This property offers exceptional flexibility for various ownership scenarios. It is an ideal option for those seeking to occupy one unit while benefiting from rental income from the second, or for investors looking to expand their portfolio with a multi-generational property in a desirable area. The combination of its versatile layout, income potential, and prime location makes this a compelling investment prospect.