An exceptional opportunity is presented at 809 Park Ave in River Edge, NJ, offering a well-maintained three-family residence. This versatile property is ideally suited for investors or owner-occupants seeking rental income, featuring three distinct units designed for spacious living and significant income potential. The configuration includes two generous two-bedroom, one-bathroom apartments, each with a very spacious living room, and one comfortable one-bedroom, one-bathroom apartment. Each unit provides a well-proportioned living area, a full bathroom, a functional kitchen, and adequately sized bedrooms.
The property includes a detached two-car garage, providing ample parking and additional storage solutions. This multi-family dwelling is situated in the desirable River Edge community, known for its convenient access to local amenities. Residents will appreciate the proximity to schools, parks, shopping centers, diverse restaurants, and public transportation options, facilitating an easy commute to New York City. The location is further enhanced by its position just one block from the train station.
This offering represents a rare chance to acquire a multi-family property within the sought-after River Edge area. The home was originally built in 1907 and has a total finished square footage of 2,372 on a lot size of 6,547 square feet. The property is being sold in its current condition, with no credits to be provided. Annual property taxes are recorded at $17,588.
The interior of the home offers a total of 11 rooms, with laundry facilities located in the basement. Utilities available include natural gas, electricity, and natural gas connection. The property type is classified as Residential Income, specifically a Multi-Family dwelling. This property is a unique find for those looking to invest in a property with established income-generating capabilities in a prime location.
Coldwell Banker, Ridgewood
201-362-5005
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