Listed by Bettina Peretti Monaco • Century 21 Calabrese Realty • (201) 960-5056
$890,000
Est. payment /mo
4 BD
4 BA
Contingent
545 Gorge Road Cliffside Park, NJ 07010
UPDATED:
10/15/2024 03:07 PM
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID 24026900
Style 4 Family
Bedrooms 4
Full Baths 4
HOA Fees $2,000
Annual Tax Amount $10,586
Property Description
This 4-family house in the heart of Cliffside Park is an outstanding investment opportunity. Each of the four units is a one-bedroom apartment, fully occupied with tenants on a month-to-month basis, allowing for future leasing flexibility. The property generates a gross rent of $63,564 annually, with a net income of approximately $40,000. These figures do not include additional income potential from parking. The property features a long driveway and a two-car garage, providing ample parking space. Located in a prime area, it's close to transportation, shopping centers, schools, restaurants, and parks, making it highly attractive to tenants and investors.
Location
State NJ
County Bergen
Area Cliffside Park
Interior
Heating Gas
Fireplaces Type None
Laundry Basement
Exterior
Exterior Feature Brick
Garage Detached
Utilities Available Sep Elec, Sep Gas
Waterfront Description None
View None
Building
Lot Description Irregular
Architectural Style Mixedflr
Others
Ownership Private
Miscellaneous None
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