$639,900
Rare Opportunity to own an Oversized 2-Family on Quiet Dead-End Street with Massive Parking & Expansion Potential!Attention investors, contractors, and savvy owner-occupants: this substantial two-family residence offers a compelling value-add project in an increasingly rare Paterson setting. Situated on a quiet dead-end street, this property combines peaceful residential living with… Read More significant long-term upside. Each unit features a classic, spacious floor plan including a formal living room, formal dining room, three bedrooms, and one full bath. The home is further enhanced by a full-footprint unfinished attic and a high-ceiling basement, providing incredible potential for additional living space, storage, or future value creation, subject to municipal approvals. This property also features exceptional and extensive off-street parking capable of accommodating multiple vehicles with ease?a premium and highly sought-after amenity that drives tenant demand and property value in this market. The home requires TLC and is perfectly suited for those looking to build sweat equity or execute a strategic renovation. With the right vision, this asset is poised to become a high-performing income-producing property or a premier residence with expansive, flexible living quarters. The property is being sold strictly AS-IS. Bring your contractor and your vision to unlock the significant equity waiting in this oversized residence and schedule your showing today! Read Less
Courtesy of UNITED REAL ESTATE.
Listing Snapshot
Days Online
7
Last Updated
Property Type
Other
Beds
6
Lot Size
0.08 Acres
Year Built
1940
MLS Number
4017354
30 Days Snapshot Of 07501
$358k
+2%
(avg) sold price
4
+300%
homes sold
114
-50%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full, Unfinished, Yes
Building
Built in 1940
Cooling
None
Exterior Features
Vinyl Siding, Sidewalk
Garage
None
Water Features
Gas, Public Water
Heating
Gas-Natural, 2 Units
Interior Features
Carbon Monoxide Detector, See Remarks, Smoke Detector
Lot
Approximate Lot Size: 37X100, 0.08 acres, Level Lot
Parking
5 parking spaces, 1 Car Width, Additional Parking, Off-Street Parking
Property
2 units, FHA Age Restricted: No
Roof
Asphalt Shingle, See Remarks
Sewer
Public Sewer
Taxes
Annual Tax Amount: $11,422, Tax Rate: 5.335
Unit One
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit Two
1 bathroom, 3 bathrooms, Handicap Accessibility: No, Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Utilities
Electric, Gas In Street, Gas-Natural
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Conrad Martin
Realtor® & Founder
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Listing Information © Garden State MLS. All Rights Reserved.
All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. GSMLS Data provided via Home Junction, Inc.
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