Cliffside Park, NJ 07010,295 Lafayette AVE
Listed by Bettina Peretti Monaco • Century 21 Calabrese Realty • (201) 960-5056

$960,000

$950,000

1.1%
Est.Price: ?

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Est. payment /mo

8 Beds

3 Baths


SOLD DATE : 02/14/2024

Key Details

Sold Price $960,000

Property Type Multi-Family

Sub Type 3 Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 23033066

Sold Date 02/14/24

Style 3 Family

Bedrooms 8

Full Baths 3

Annual Tax Amount $11,389

Property Description

LEGAL THREE FAMILY PERFECT FOR INVESTORS AND OWNER OCCUPANT SEEKING INCOME. Come and discover an exceptional three-family house nestled in a perfect neighborhood with easy access to city-bound public transportation.Main floor has new kitchen, counter tops , bath , floors and appliances. Recent kitchen and bath updates to 2nd and 3rd floors.Enjoy nearby amenities like restaurants, shopping, schools, parks, and major highways. The first-floor apartment, freshly renovated and currently vacant, offers 6 rooms, 3 beds, and 1 bath. The updated second floor generates $1775 a month, and the top floor $1300/month. The landlord covers heat/water, while tenants are responsible for electric/cooking gas. Experience the convenience of separate washers/dryers in the basement, a 2-car garage, and a long driveway. Great investment property with a potential cap rate of 5.5 based on first floor renting at $3250 a month. Or a potential owner based home with an extra $3100 a month income.

Location

State NJ

County Bergen

Area Cliffside Park

Rooms

Basement Full , 3 stackable washer and dryer, storage

Interior

Heating Baseboard, Gas, Radiators

Fireplaces Type None

Laundry Basement

Exterior

Exterior Feature Vinyl

Garage Detached, O/See Remk

Utilities Available Sep Elec, Sep Gas

Waterfront Description None

View South

Building

Lot Description Regular

Others

Senior Community No

Ownership Private

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New Jersey MLS (NJMLS)
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+1(201) 723-3300

darren@northjerseygroup.com

28 Valley Road Suite 1, Montclair, Jersey, 07042, United States

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