Discover a rare opportunity at 109 Park Street in Ridgefield Park, NJ. This unique two-family residential property, situated on a beautifully maintained corner lot, offers significant potential for investors, contractors, or owner-occupants seeking to build equity. The home is being sold strictly AS IS. The property includes a long private driveway that leads to a detached two-car garage, providing ample off-street parking and enhancing the home's curb appeal. The lot size measures 8,899 square feet, with dimensions of 89 x 100 feet.
The primary residence of this multi-family home is filled with character, featuring exposed wood beams and a wood-burning fireplace. It includes a large formal dining room, a kitchen, a secondary bedroom, and a primary bedroom suite that is ready for completion. The primary bathroom is to the studs with roughing, and the primary bedroom is also to the studs, allowing the next owner to customize these spaces to their specific taste and needs. The home was built in 1909 and offers a total of 3,231 finished square feet across its two units.
An exceptional bonus living space is found in the recently renovated finished basement. This area includes a full kitchen, a recreation room, and a versatile space that can serve as an office or an additional bedroom, complemented by a full bathroom. This provides substantial additional living and entertaining capacity within the main residence. The property's utility connections include natural gas and electricity, with water also connected.
The second unit is a self-contained one-bedroom apartment. It features a living room, a kitchen, a bedroom, and a finished walk-up attic, offering further usable space. This configuration presents a valuable income-generating opportunity or flexible accommodation. The property is conveniently located near parks, schools, shopping centers, major highways, and offers easy access to New York City transportation. The annual property taxes are $23,609.
Ridgeco Properties, Inc.
201-638-1815
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