Great opportunity for investors, contractors or owner occupants! Income producing non-conforming 3 family on a 50 x 100 lot. Prime location, low real estate taxes of $5,921, large and desirable 5,000sf piece of land. Existing house situated to right side of property offering potential expansion on left. The first and second floor units are in good condition, both tenant occupied and each features 3 room apartments: living room, kitchen, full bath and bedroom. The basement has a "grand-fathered in" 3rd unit with a separate rear entry, kitchen/living room combo, full bath and one bedroom. The basement took on water from hurricane IDA due to sump pump failure; buyer to complete basement renovation. This unit is currently vacant. Property yields are good cap rate at full occupancy. Driveway parking for 2 cars. Large fenced in side and rear yard.
Listing Agent: Gina Lugo Courtesy of: Coccia Realty Better Homes & Gardens/Lyndhurst Office phone: (201) 939-8900 The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than New Jersey MLS are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. 2021 New Jersey Multiple Listing Service, Inc. All rights reserved. Updated: 26th November, 2021 11:18 PM