This residential income property, located at 52 Moonachie Road in Moonachie, New Jersey, presents a compelling investment opportunity. Constructed in 1908, this multi-family dwelling comprises three distinct units. The property offers a total of 5 bedrooms and 3 bathrooms across its units, with a combined finished square footage of 2,531 square feet. The lot size measures 5,898 square feet, providing ample outdoor space. Situated in Bergen County, this property is positioned for accessibility, with NJ Transit bus service providing direct routes to Midtown Manhattan, making it an attractive location for commuters.
The interior layout is designed to maximize rental income and flexibility. The first floor houses two units: Apartment 1, featuring 1 bedroom and 1 bathroom, and Apartment 3, offering 2 bedrooms and 1 bathroom. The second floor contains Apartment 2, which includes 2 bedrooms, 1 bathroom, and an additional loft area that can serve as versatile living space. This configuration allows for a diverse range of tenant needs and preferences.
A significant advantage of this property is the on-site parking, with a total of 6 parking spaces available. This is a highly desirable amenity in the area, contributing to the property's appeal for both investors and potential residents. The property's location in Moonachie provides convenient access to major highways, the Meadowlands, and other prominent Bergen County communities, while maintaining a neighborhood feel.
This three-family home is well-suited for investors seeking to expand their portfolio or for an owner-occupant looking to offset mortgage expenses with rental income. The property's proximity to New York City, combined with its multi-unit structure and substantial parking, positions it as a strong contender in the Bergen County real estate market. Annual property taxes are reported at $8,853.
Keller Williams Village Square Realty
201-677-8843
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