This three-family residence at 162 Forest Ave in Lyndhurst, NJ, presents a unique opportunity on an expansive 7,501 square foot lot. Constructed in 1921, the property features three distinct living units, offering versatility for investors or owner-occupants seeking rental income. The home is offered in as-is condition, indicating potential for customization and modernization to suit individual preferences.
The first-floor unit comprises two bedrooms, a living room, and an eat-in kitchen, with additional access to basement storage. The second-floor unit includes one bedroom, a living room, a kitchen, and a full bathroom. Similarly, the third unit provides one bedroom, a living room, a kitchen, and a full bathroom, ensuring comparable living spaces across the upper levels. The total finished square footage for the property is 1,989 square feet.
This multi-family dwelling is equipped with natural gas and electricity utilities. Laundry facilities are located in the basement. The property's location in Lyndhurst, Bergen County, offers convenient access to public transportation, facilitating an easy commute to New York City. This proximity enhances the property's appeal for both residents and potential renters.
With a total of 3 full bathrooms and 10 rooms, this property is designed to accommodate multiple households. Annual property taxes are listed at $10,709. The home's structure includes two stories, and it is situated within a desirable area of Lyndhurst, known for its accessibility and community amenities. This offering represents a substantial prospect for those looking to acquire a multi-unit property with considerable upside potential.
Keller Williams Park Views
201-390-3044
Fill out the quick form, and we’ll connect you with a local expert who specializes in your area and property type.
Local Market Expertise
Personalized Guidance
Fast & Friendly Response
Enter your email address and we will send you a link to change your password.