House Description

Income-Producing 2-Family with Owned Solar, Private Parking & Strong Rental PotentialThis well-maintained 2-family home offers an excellent opportunity for investors or owner-occupants seeking rental income, valuable upgrades, and private parking. The first-floor duplex features 2 bedrooms, 2 full bathrooms, and an expanded layout with a finished lower level, while the second-floor unit offers 3 bedrooms and 1 full bathrooms. Stable tenants are already in place, with the first-floor lease expiring in August and the second-floor lease expiring in March, providing flexibility for future plans. One of the property's standout features is its owned solar panel system, offering a fixed electric rate of approximately $0.14/kWh under a long-term agreement an exceptional value that helps keep energy costs predictable for years to come. Additional highlights include private driveway parking, a detached garage, and extra parking behind the garage a rare convenience for a multi-family property. All major appliances are included, including refrigerators, stoves, microwaves, washers, and dryers. The home also features central HVAC, a newer central A/C system installed last year, an additional ductless cooling system, and public water and sewer. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this property offers the perfect combination of cash flow, energy savings, and long-term value.

Highlights

Listed by MATTHEW GEVIRTZ , MP and NICOLA TRANI , MP EXP REALTY, LLC , 866-201-6210. Garden State MLS

Property Type

Multi-Family

Lot/Acreage

0.07

Year Built

1941

County

Bergen

Listing ID

4040797

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Payment Breakdown

Principal Interest

$5,084

Taxes

$1,177

Home Price

$999,000

Home Price

Loan Details

30 yrs

6.562%

Interest Rate

Loan Type

Down Payment

20%

$199,800

Down Payment

Down Payment %

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Monthly Price:

$5,084.12

Principal

Taxes