MLS# : 24026900
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.
Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp
This listing is a courtesy of Century 21 Calabrese Realty
(201) 541-6400 office, listing agent Bettina Peretti Monaco
Population: | 24,046 |
Total Housing Units: | 10,007 |
Single Family Homes: | 4,675 |
Apartments: | 5,332 |
General Tax Rate (2021): | 2.517% |
Effective Tax Rate (2021): | 1.987% |
Compare To Other Towns |
Average Price* (12mo): | $617,229 |
Apatments Sold* (12mo): | 155 |
Homes : | $499,000 - 2,599,000 | 15 avail |
Condos : | $340,000 - 1,736,170 | 42 avail |
Co-ops : | $2,500 - 429,000 | 9 avail |
Twnhs : | $650,000 - 1,375,000 | 6 avail |
2-4 Fam : | $719,000 - 2,098,000 | 8 avail |
5+ Fam : | - | |
Land : | $699,000 - 699,000 | 1 avail |
Rentals : | $1,450 - 15,000 | 67 avail |
Mixd Use : | - | |
Com S : | - | |
Com L : | - | |
Biz : | $65,000 - 250,000 | 4 avail |
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All information deemed reliable but not guaranteed. Last date updated: 09/18/2024 00:05 AM
Source: New Jersey Multiple Listing Service, Inc.
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General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.
Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.
Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury
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