Cliffside Park, NJ 07010,545 Gorge
Listed by Bettina Peretti Monaco Century 21 Calabrese Realty
Bought with Michael Arabia Evelyn G. Rafter & Associates

$862,500

Est. payment /mo

$890,000

3.1%
Est.Price: ?

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545 Gorge Cliffside Park, NJ 07010

4 Baths

SOLD DATE : 12/17/2024

Key Details

Sold Price $862,500

Property Type Multi-Family

Sub Type 4 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24026900

Sold Date 12/17/24

Style 4 Family

Full Baths 4

Property Sub-Type 4 Family

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

Interior

Laundry Basement

Exterior

Garage Spaces 2.0

Read Less

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New Jersey MLS (NJMLS)
agent

Christopher Greco

Broker Associate | License ID: 0680437

+1(973) 406-4603

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