This two-family investment property is located at 191 James St #2 in Hackensack, New Jersey. The residence was built in 1920 and offers two distinct living units, each equipped with two bedrooms and one full bathroom. Both units feature separate utilities, providing independent management of services for each floor. The property includes a detached two-car garage that also contains a workshop area, a private backyard, and additional driveway space for parking.
Currently, the property is tenant-occupied, presenting an immediate income-generating opportunity for investors. The units are designed for comfortable living, with Unit 1 offering 5 rooms including bedrooms, a den, an eat-in kitchen, and a living/dining room. Unit 2 includes 4 rooms with bedrooms, an eat-in kitchen, and a living room. Both units are equipped with carbon monoxide detectors.
The property benefits from its strategic location, offering a short walk to local train stations and New York City bus routes, facilitating convenient commuting. Residents are also in close proximity to Hackensack's downtown area, providing access to local shopping, dining establishments, parks, and major highways. The property's exterior features aluminum siding and an asphalt shingle roof, with a beige building color. The lot is described as level and includes an easement for a driveway.
Heating for the property is provided by two units, utilizing natural gas. Water and sewer services are connected to public utilities, and gas is available in the street. The property has a total of 4 parking spaces, including the detached 2-car garage. The approximate lot size is 401,091.7 square feet. Property taxes for 2025 are $10,676.
This property is being sold with the understanding that it is fully tenant-occupied and will not be delivered vacant. Unit 1 has a lease expiration of Monday, August 31, 2026, with a rent of $1,770 and a security deposit of $2,475. Unit 2 has a lease expiration of Thursday, September 30, 2027, with a rent of $1,802 and a security deposit of $1,802. Tenants in both units are responsible for paying for their own electricity, gas, heat, and water.
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