616 Elm St, Maywood, NJ 07607

Located at 616 Elm St in Maywood, New Jersey, this residential property presents a unique opportunity for buyers and investors. The home is currently configured as a single-family residence but is legally zoned as a 2-family dwelling, offering considerable flexibility. This dual zoning classification provides a foundation for potential renovations and equity building. The structural layout is designed to accommodate the possibility of a large two-bedroom apartment on the ground floor, enhancing its income-generating capabilities.

The property features a second-floor unit that has undergone updates, including a renovated bathroom. Recent improvements to the home include a roof installed approximately 10 years ago and a hot water heater replaced within the last 6 months. The full basement includes bilko doors, providing convenient access. Additionally, a substantial walk-up attic offers ample storage space and the potential for future living areas, increasing the overall usable square footage of the residence.

This Maywood property is situated in a location that offers significant commuting advantages. Residents will benefit from easy and rapid access to New York City buses and nearby train stations. Major transportation routes, including Route 17, Route 4, and Interstate 80, are just minutes away, facilitating effortless travel throughout the region. The property is also conveniently located near Maywood's downtown area, providing access to popular shopping, dining establishments, and local parks.

Further enhancing the property's appeal is the ample parking available. A deep private driveway is capable of accommodating multiple vehicles. The home, built in 1957, has a total finished square footage of 2,104 and sits on a lot size of 5,001 square feet. It is being sold strictly as-is, with the buyer responsible for obtaining the Certificate of Occupancy and any necessary permits. This property represents a chance to develop immediate sweat equity and maximize its inherent value.