Located on a quiet, one-way street in Palisades Park, New Jersey, this fully brick two-family residence offers 3,216 square feet of living space. Constructed in 1975, the property is situated on an expansive 50x125 lot, totaling 6,251 square feet. The exterior features beautifully landscaped grounds and provides parking for three vehicles, including a two-car garage. This residential income property is currently configured with the owner occupying the first floor, while the second floor is occupied by a tenant generating $3,650 in monthly rental income.
The interior of the home comprises 19 total rooms, including six bedrooms and five full bathrooms. The second-floor unit has undergone extensive recent upgrades, featuring fresh paint, gleaming new hardwood floors, and a complete suite of brand-new appliances. The layout is designed for both comfort and utility, with in-unit laundry facilities provided for convenience. The property is equipped with essential utility connections, including natural gas and electricity, supporting the functional needs of both residential units.
The ground level is specifically designed for entertaining, anchored by a spacious family room that includes a wet bar. Sliding glass doors provide direct access to a private backyard, which features a large deck for outdoor use. The structural integrity of the two-story building is complemented by its well-maintained condition and recent interior improvements. This configuration offers a practical solution for investors or owner-occupants looking to maintain a rental income stream while residing on-site.
Financial details for the property include an annual tax amount of $16,268. The residence is located in Bergen County and is situated within a established residential area. With its combination of a renovated second-floor unit, dedicated parking, and a private outdoor space, the property provides a distinct opportunity for those seeking a multi-family investment in a quiet neighborhood setting. The home remains a functional and well-appointed asset within the Palisades Park real estate market.
C Land Realty Co.
646-436-0106
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