This distinctive side-by-side 3-family property at 14-16 Livingston Ave in Lyndhurst, NJ, presents a significant opportunity for versatile living and income generation. The combined residence offers an expansive 8 bedrooms and 3.5 bathrooms, suitable for an owner-occupant seeking ample space, an extended family arrangement, or an investor looking to expand their portfolio. The property is situated on a 48 x 98 lot, with annual taxes recorded at $15,761. Built in 1920, this multi-family dwelling provides a unique setup that merges the spaciousness of a single-family home with the benefits of two additional apartments.
One side of the property is configured as a generous single-family residence, while the other side comprises two separate apartments, offering distinct living spaces. This arrangement allows for a live-in owner to occupy one portion while benefiting from rental income from the other two units. Alternatively, the entire property can serve as a multi-family investment. The total finished square footage is 4,388, providing substantial living area across the units. The property is heated by oil and features a newer roof, contributing to its overall condition and potential for long-term occupancy.
The outdoor amenities are designed for relaxation and entertainment, featuring a large composite deck that enhances the usability of the backyard space. An outdoor bar is integrated into the design, perfect for hosting gatherings. The property also includes a 16 x 32 in-ground swimming pool, creating a private oasis for enjoyment during warmer months. This combination of indoor space and outdoor features makes the property a notable offering in the Lyndhurst market.
With parking available for 4 vehicles, the property addresses a key convenience factor for residents and guests. The location provides convenient access to New Jersey transportation networks, major roadways, shopping centers, and local schools. This strategic positioning enhances the property's appeal for both residential living and rental purposes, making it a well-rounded opportunity for a variety of buyers.
Cappiello Real Estate Services, LLC
201-349-7870
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