Located at 739 Lake Ave in Lyndhurst, NJ, this two-family residential income property offers a total of 2,336 square feet of living space. Constructed in 1961, the building is situated on a 4,836-square-foot lot within Bergen County. This multi-family residence is designed with two distinct units, each providing a functional layout that includes three bedrooms and one full bathroom. The interior configuration of each unit encompasses a living room, a dining area, and a kitchen, with approximately 1,200 square feet of space per floor.
The property features a total of 14 rooms across its two stories. Practical amenities include laundry facilities located in the basement, which serves as additional utility space with potential for future improvements. The site is equipped with essential utility connections, including natural gas and electricity. The annual tax amount for this property is recorded at $13,646. Prospective buyers should note that the home is being sold strictly in as-is condition, presenting an opportunity for renovation and equity building.
Exterior features of the property include a fenced-in backyard and a two-car garage, providing dedicated parking and outdoor space. The location in Lyndhurst is noted for its accessibility, offering convenient proximity to public transportation options and various commuter routes. This combination of features makes the property a viable candidate for those seeking an income-generating asset in a desirable town. The structure is categorized as a multi-family residential income property, reflecting its current use and potential for investors.
The building's layout and existing infrastructure provide a foundation for value-add projects. With its established footprint and utility access, the property allows for a range of updates to suit modern requirements. The basement area, in particular, offers versatility for storage or other utility-based needs. As a residential income investment, the property benefits from its location in a well-connected area of Lyndhurst, ensuring that the units remain accessible for potential tenants or occupants.
This property represents a clear opportunity for those interested in the multi-family market. By leveraging the existing two-unit configuration, owners can manage the property as an income-producing asset. The combination of the two-car garage, the fenced outdoor area, and the interior room count provides a comprehensive set of features for a residential investment. Interested parties are encouraged to review the property details and consider the potential for future enhancements to the existing structure.
United Real Estate
201-989-2331
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