This fully renovated two-family residence at 312 Glen Ave in Palisades Park, NJ, offers a versatile living arrangement on a 50x120 lot. The property features two distinct apartments, each with 3 bedrooms and 1.5 bathrooms, and an additional accessory dwelling unit (ADU). The home was comprehensively updated in 2021, including new luxury kitchens, in-unit laundry facilities for both main apartments, and updated bathrooms with high-end finishes. Recent improvements also encompass a new roof and a new HVAC system, ensuring modern comfort and efficiency.
The first-floor apartment and the ground-level ADU are currently vacant, presenting an opportunity for immediate occupancy or rental income. The second-floor apartment is occupied on a month-to-month lease, offering flexibility for the new owner. Separate gas and electric utilities are in place for each unit, enhancing convenience and management. The total finished square footage of the property is 2,920, built in 1966 and situated on a lot size of 5,998 square feet.
The property's design is well-suited for multi-generational living, owner-occupants seeking rental income, or investors. The ADU provides adaptable space that can accommodate extended family, guests, a home office, or serve as a source of supplemental rental income. With 7 bedrooms and 4 bathrooms in total across the dwelling, the home offers substantial living space.
Located on a desirable residential street in Palisades Park, the property is conveniently positioned just one block from Lindbergh Elementary School. Residents will appreciate the proximity to parks, shopping centers, dining establishments, major highways, and New York City transportation options. This offering represents a significant opportunity to acquire a turnkey property in a prime Palisades Park location, with 2 parking spaces available.
EXP Realty, LLC
201-429-5535
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