Discover a unique residential income opportunity at 76 Prospect Street in Paramus, New Jersey. This two-family residence, built in 1963, offers a spacious top-bottom layout spanning over 2,640 square feet, complemented by an unfinished basement. Situated on a quiet, dead-end street, the property provides convenient access to local amenities. The home is configured with six bedrooms and three full bathrooms, presenting versatile living arrangements.
The first floor features a living room, dining room, a main-equipped kitchen, a bedroom, another bedroom, a full bathroom, a master bedroom with an attached full bathroom, and laundry hook-ups with additional storage space in the basement. This level boasts hardwood flooring throughout. The second floor mirrors this functional design with a living room/dining area, a main-equipped kitchen, a bedroom, another bedroom, a full bathroom, a master bedroom, and laundry hook-ups with basement storage. The second floor is finished with wall-to-wall carpeting over hardwood floors.
This property is equipped with two separate electrical panels and two separate gas meters, indicating independent utility management for each unit. While currently serviced by one water meter, the infrastructure supports distinct utility usage. The home includes a two-car attached garage, contributing to the total of six parking spaces available on the property. The lot measures 112.5 x 100 feet, offering outdoor space within a residential income zoning classification.
The property is currently tenant-occupied, requiring a minimum of 24 hours' notice for all showings, subject to tenant confirmation. The first-floor tenant is scheduled to vacate on November 30th, 2026, while the second-floor tenant is on a month-to-month lease. Interested parties should not visit the home or walk the yard without a confirmed appointment. This offering represents a notable opportunity within the Paramus real estate market.
RE/MAX Properties-Saddle River
201-982-2200
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