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 extra 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 convenience and operational efficiency for both landlord and tenant. Tenants are responsible for gas, electricity, 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 appeal while leveraging its solid construction and prime location. The property is conveniently situated near express transportation to New York City, as well as a variety of dining establishments, shopping centers, and local amenities.
With a total of seven bedrooms and five bathrooms across the two units, this multi-family dwelling offers exceptional flexibility. It is an ideal option for an owner-occupant seeking to reside in one unit while benefiting from rental income from the other, or for an investor looking to expand their portfolio with a well-located, multi-generational property. The total finished square footage is 3,100, built on a 5,798 square foot lot in 1972.
Prominent Properties Sotheby's International Realty-Franklin Lakes
201-394-5406
Fill out the quick form, and we’ll connect you with a local expert who specializes in your area and property type.
Local Market Expertise
Personalized Guidance
Fast & Friendly Response
Enter your email address and we will send you a link to change your password.