Discover a unique opportunity at 334 Broad Avenue in Ridgefield, New Jersey. This fully renovated two-family residence is situated on an approximately 6,000 square foot lot, offering both immediate utility and significant future development potential. The property is zoned for residential income and presents a versatile option for various owner or investor needs.
The home features two distinct two-bedroom units, each designed with comfortable living spaces and updated interiors. This configuration allows for immediate occupancy and the potential to generate rental income, making it an attractive prospect for those seeking to offset mortgage expenses or build a rental portfolio. The property includes a garage, providing convenient parking and storage.
Beyond its current use as a multi-family dwelling, this property holds substantial redevelopment potential. The site has already secured permits for the rebuilding or new construction of a retail building. This presents a compelling opportunity for investors, developers, or business owners looking to leverage the prominent Broad Avenue location for commercial purposes.
The location offers tremendous street exposure and benefits from strong daily traffic, facilitating access to surrounding Bergen County communities. Whether you envision continuing its use as a renovated two-family home or pursuing the approved commercial development, 334 Broad Avenue provides a rare combination of strategic location, functional flexibility, high visibility, and investment potential.
RE/MAX NOW - Palisades Park
201-852-0107
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