216 Jackson Ave, Hackensack, NJ 07601

This offering presents a distinctive opportunity comprising two separate two-family residences, each situated on its own 25x125 lot at 216 and 218 Jackson Avenue in Hackensack, New Jersey. These properties are being sold as a combined package, ideally located in a desirable, quiet, and easily accessible neighborhood. The homes retain their classical architectural charm and offer significant potential for value enhancement. Each dwelling features a traditional layout with units positioned on the first and second floors, collectively providing four one-bedroom, one-bathroom apartments. Additionally, both properties include unfinished attics with high ceilings, presenting an opportunity for the creation of extra rooms.

The residence at 218 Jackson Avenue has undergone recent improvements, including a brand-new roof and chimney. This home also features an expanded kitchen and a private deck accessible from the first-floor kitchen, which leads to the backyard. A notable feature of 218 Jackson Avenue is a standalone studio space equipped with electricity. This studio holds potential for conversion into a shared tenant laundry room, a home office, or a future accessory dwelling unit, subject to town approval.

Strategically positioned within Hackensack's revitalizing downtown area, this property package offers exceptional convenience. It is a mere three-minute walk to New York City bus lines and a five-minute drive to train stations. Residents will also appreciate the proximity to numerous shopping malls, retail establishments, parks, and dining options. The combined square footage of the two homes is 1,176 square feet, with each property built in 1916.

This offering is particularly well-suited for investors or buyers with a capacity for renovations seeking to build immediate equity. The distinct advantage of owning two separate lots enhances the investment appeal. The properties are situated in Bergen County, with an annual tax amount of $853,273. While title search indicates the parcel partially touches a flood zone at the rear lot line, mandatory flood insurance is not required for these properties. This is an estate sale, and the properties are being sold strictly as-is.