16 Lincoln Pl, Waldwick, NJ 07463

This income-producing two-family residence is situated in Waldwick, New Jersey, offering a prime location just three blocks from the train station and downtown amenities. The property features six bedrooms, divided equally with three bedrooms allocated to each of the two distinct living units. This configuration provides flexibility for various household needs and potential rental income opportunities. The home was built in 1920 and includes a total of 2,757 square feet of living space, with a lot size of 0.29 acres.

The first-floor living space has been enhanced with a family room addition, a spacious living room, and a primary bedroom that includes an adjoining bonus room. This bonus area offers versatile use as a home office, dressing room, or creative studio. Accessibility has been thoughtfully integrated into the first floor, which is partially wheelchair accessible. Notable features include a brand-new elevator, widened doorways, bathroom safety rails, and a wide driveway designed to accommodate vehicles with lift equipment. The second-floor unit also provides well-proportioned bedrooms and additional office space.

A significant advantage of this property is the second-floor rental unit, which presents an opportunity to generate income that may help offset homeownership costs. Each unit is equipped with separate entrances, independent utilities, and in-unit laundry facilities. The property includes a two-car garage, providing ample parking and storage. For climate control, the first-floor unit benefits from central air conditioning.

Outdoor amenities include a large deck, a flat yard, and established perennial gardens, offering ample space for recreation and relaxation. The property is described as ready for thoughtful updates and presents exceptional possibilities for a new owner. Located in Bergen County, this multi-family residential property offers a unique combination of living space and income potential in a highly convenient setting.