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$1,379,000
Est. payment /mo
12 Beds
4 Baths
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 4047432
Style Fourplex
Bedrooms 12
Full Baths 4
Year Built 1930
Annual Tax Amount $18,621
Tax Year 2025
Lot Size 5,227 Sqft
Property Description
RARE 4-FAMILY INVESTMENT OPPORTUNITY! Owner-occupy or add a turnkey income-producing property to your portfolio. Ideally situated at the corner of Exton Ave & Forest St, this fully renovated property features four spacious 3-bedroom, 1-bath apartments, each offering a comfortable Living Room, Eat-In Kitchen, and excellent rental appeal. All four apartments have been completely renovated with new kitchens, bathrooms, flooring, paint, and more allowing a new owner to benefit from a property that is ready to generate income from day one. Each unit has separate utilities, providing an important advantage for investors. The income potential continues with a two-car garage currently rented for $500/month, plus off-street parking accessed from the dedicated driveway on Exton Ave. The basement is divided for additional storage and features coin-operated laundry, creating another valuable amenity for tenants. The property currently generates over $127,800 in annual gross income, with significant upside potential for an investor looking to increase returns. With four 3-bedroom units, multiple parking options, garage income, separate utilities, and a commuter-friendly location, this is an ideal opportunity for the savvy investor, first-time landlord, or owner-occupant. Four-family properties this well positioned and fully renovated are hard to find. Don't miss this opportunity to acquire a strong income-producing asset with built-in potential for future growth!
Location
State NJ
County Bergen
Rooms
Basement Unfinished
Interior
Interior Features Carbon Monoxide Detector, Smoke Detector, Vinyl-Linoleum Floors
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style Fourplex
Others
Senior Community No
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Listed by RE/MAX ELITE REALTY
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