This classic two-family residence, located at 216 Jackson Ave in Hackensack, NJ, presents a compelling investment opportunity. Situated on its own 25x125 lot, the property is positioned within a tranquil Hackensack neighborhood. Its location offers significant advantages, including immediate access to NYC bus lines, facilitating a straightforward commute to the city. Furthermore, the residence is within walking distance to a variety of local shops and restaurants in a revitalized downtown area.
The traditional top-and-bottom layout of this two-family home comprises two distinct apartments, each featuring one bedroom and one bathroom. An unfinished attic space with high ceilings is also present, offering potential for expansion and customization for a buyer prepared to undertake such improvements. This property is ideally suited for an investor seeking to add to their portfolio or a buyer with the capacity to enhance value and build immediate equity in a market characterized by robust local rental demand.
The property's exterior is set on a lot measuring 3,123 square feet. Built in 1916, the structure offers a historical foundation with potential for modernization. The property is classified as a Residential Income property, specifically a Multi-Family dwelling. Utilities available include Natural Gas and Electricity, with both Natural Gas and Electricity connected to the property. Annual property taxes are recorded at $8,533.
This offering is presented as-is. An additional opportunity exists for a combined purchase, as this property can be acquired alongside the adjacent two-family home located at 218 Jackson Ave. This combined acquisition would result in a four-unit package spanning two separate lots, presenting a larger-scale investment prospect. The total finished square footage for the property is 1,176 square feet, with an additional 1,176 square feet of total space, including the unfinished attic.
Coldwell Banker, Alpine/Closter
201-230-2142
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