Located at 98 Paulison Ave in Ridgefield Park, NJ, this residential income property offers a unique opportunity for buyers. Originally constructed in 1903, the structure spans 2,212 square feet across two stories. The property is currently categorized as a multi-family residence and is being offered as a short sale, which requires third-party approval for the transaction to proceed.
The interior layout consists of 10 total rooms, including five bedrooms and two full bathrooms, complemented by one half-bathroom. The property has been fully gutted, providing a blank canvas for renovation projects. Approved plans are available for the site, which may assist in the development process for those looking to customize the interior configuration of this multi-family dwelling.
Situated on a 7,240-square-foot lot, the property includes substantial parking capacity with a total of five spaces available. This includes a garage with two dedicated spaces, providing off-street parking options in a residential setting. The exterior and structural elements reflect the property's history, while the current state of the interior allows for significant modernization based on the existing approved plans.
Utility infrastructure is already in place, with natural gas, electricity, and water connections established at the site. The property is located in Bergen County and carries an annual tax amount of $14,807. This offering represents a specific opportunity for investors or developers interested in a multi-family project that is ready for comprehensive interior work within the Ridgefield Park community.
Prospective buyers should note that as a short sale, the timeline and finalization of the purchase are subject to the requirements and approval of a third party. All interested parties are encouraged to review the provided documentation and verify the status of the approved plans to ensure they align with their intended use for this residential income property. The combination of the existing structure, the lot size, and the parking facilities provides a foundation for the next phase of this property's development.
Realty One Group Legend, Clifton
201-682-5215
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