This distinctive side-by-side 3-family property at 14-16 Livingston Ave in Lyndhurst, NJ, presents a significant opportunity for space, adaptability, and potential income generation. The layout is designed to accommodate diverse living arrangements, with one side functioning as a substantial single-family residence and the other side comprising two separate apartments. Collectively, this property offers a total of nine bedrooms and three and a half bathrooms, making it a versatile option for an owner-occupant, an extended family, or an investor seeking rental income.
The property is situated on a lot measuring 48 x 98 feet, with annual taxes recorded at $15,761. It is equipped with oil heat for warmth and benefits from a newer roof, indicating recent updates to key structural components. The exterior living space is thoughtfully arranged for entertainment and relaxation, featuring a spacious composite deck, an outdoor bar, and a 16 x 32 foot in-ground swimming pool. This creates a private backyard environment ideal for hosting gatherings and enjoying warmer months.
This multi-family setup offers a unique combination of the expansive feel of a single-family home alongside the benefits of two additional rental units. This configuration allows for a live-in owner to occupy one portion of the property while deriving rental income from the other units, or it can be integrated into an existing investment portfolio as a versatile 3-family asset. The property's location provides convenient access to New Jersey transportation networks, major roadways, shopping centers, and local schools.
With a total of 4,388 square feet of finished living space, this residence provides ample room for its occupants. The property includes four parking spaces. The year built is 1920, and it is located in Bergen County. This property represents a rare opportunity to acquire a substantial multi-family dwelling with significant potential in a desirable location.
Cappiello Real Estate Services, LLC
201-349-7870
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