163-165 Jefferson St, Wood-Ridge, NJ 07075

Discover a rare four-family investment opportunity located at 163-165 Jefferson Street in the desirable borough of Wood-Ridge, New Jersey. This property offers a unique chance for investors seeking substantial rental income and long-term growth potential. Situated just minutes from Route 17 shopping, popular dining establishments, MetLife Stadium, and convenient New York City transportation, the location provides excellent accessibility and appeal for tenants. The property is comprised of four distinct units, each featuring two bedrooms and one bathroom, designed to maximize rental appeal and occupancy.

Significant capital improvements have been completed on the property over the past year, enhancing its overall condition and value. These updates include new exterior siding, a new front roof, numerous replacement windows, and the installation of two new garage doors with openers. Further enhancements to the property's curb appeal and functionality include updated landscaping and driveway improvements. These recent investments demonstrate a commitment to maintaining and improving the property, offering peace of mind for a new owner.

One of the four units underwent a complete remodel in 2025, presenting a modern and updated living space. The property currently generates over $100,000 annually in rental income, with existing rents positioned below market value. This presents a clear opportunity for future income growth through strategic rent adjustments. The property includes 2 parking spaces, with a garage that features front entry. The total finished square footage is an estimated 3,264 sq ft, built in 1932.

This offering is ideal for experienced investors looking to expand their portfolio or for those seeking a multi-family property in a prime Bergen County location. With four separate units, recent capital expenditures, and considerable rental upside, 163-165 Jefferson Street represents a compelling investment in one of the area's sought-after communities. The property is serviced by public sewer and public water, with heating provided by 90% forced air using natural gas. Cooling is provided by window units.

The property is situated within the WOOD-RIDGE PUBLIC SCHOOLS district. The total lot size is not specified. The property is listed with a tax assessed value of $922,700 for the tax year 2026, with annual taxes amounting to $17,605.12. The property is a fee simple ownership interest. The property condition is noted as excellent.