Located in a prime area of Palisades Park, New Jersey, this two-family residential property offers a versatile layout across 2,722 square feet of living space. Constructed in 1965, the building is situated on a 5,001-square-foot lot and provides a total of 11 rooms. The structure is configured as a top-over-bottom layout, with each unit featuring three bedrooms and one full bathroom. Both units are designed with distinct living and dining areas, benefiting from natural light and separate entrances, which enhances the privacy and functionality of the residence.
The first-floor unit is complemented by a large finished walkout basement that includes a summer kitchen and multiple bonus rooms. This additional space offers significant flexibility for various uses, such as recreational areas, storage, or home office requirements. The second-floor unit mirrors the three-bedroom, one-bathroom configuration, providing consistent living arrangements throughout the property. With a total of three full bathrooms across the entire building, the layout is well-suited for multi-generational living or as an investment opportunity for those seeking rental income potential.
Parking is conveniently addressed with an attached garage that accommodates two vehicles. The property is equipped with essential utility connections, including electricity and natural gas, ensuring the home is prepared for modern requirements. The exterior and structural design reflect the established character of this Bergen County neighborhood, while the interior layout provides a blank canvas for those looking to implement their own vision. The annual tax amount for the property is $12,820, reflecting its status in this sought-after location.
Positioned near major highways, shopping centers, dining establishments, and public transportation, the location offers excellent connectivity to surrounding areas, including nearby Fort Lee. This property is being sold in strictly as-is condition, presenting a unique opportunity for buyers to acquire a multi-family asset with significant upside potential. Whether utilized as a primary residence with supplemental income or as a long-term investment, the property provides a functional foundation in a highly accessible part of Palisades Park.
This multi-family home stands as a rare find for those interested in the Bergen County real estate market. The combination of the two-car garage, the finished walkout basement, and the established two-unit configuration makes it a practical choice for a variety of housing needs. Interested parties are encouraged to evaluate the potential of this 1965-built structure, which remains a notable opportunity for redevelopment or renovation in a well-connected community.
Christie's International Real Estate Group-Paramus
201-360-1292
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