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Listed with Michael Joo | 201-284-9009, Howard Hanna Rand Realty, Old Tappan

PRICE $1,065,000 dsIDX morgage calculator
BEDS 10
BATHS 4
HOME SIZE n/a
LOT SIZE n/a

Exceptional 4-family offering a perfect income-producing investment. It delivers an 8% in-place cap rate, a rare find in Bergen County. | Phenomenal cash-on-cash returns of 8.7% (& 13.2% projected) at 25% down, providing immediate cash flow & a path to higher returns. | Only eight 4-families have sold in Bergen County in the past 6 months, w/ comps at $1.1 - $1.2 M (ask for details). | Two upper duplex units each feature 2 BR + office (flex 3 BR), while the two lower units are spacious 2 BRs. | All apartments have market-rent upside even WITHOUT renovations, & the unfinished basement can readily add coin-op laundry for extra income. | Capital improvements include updated baths, a 6-year-old roof, 4 separate boilers installed 2016, & 4 newer hot water heaters, w/ separate PSE&G utilities (5 electric, 4 gas meters) to keep operating costs low & predictable. | Current rent roll is $108K+ w/ $85K NOI (net income), with excellent rental history. | If preferred, 3 units including owner’s duplex can be delivered vacant (or Seller willing to stay at market rent), allowing a market-rate lease or an owner-occupant to live onsite while collecting income. | TEXT 2O12849OO9. | Located on a quiet dead-end street just blocks from downtown Englewood, transit, restaurants, & shops, this property combines great, stable income, high positive cash flow from day one, growth potential, & low expenses / maintenance, making it one of Bergen County’s most compelling multifamily investments.

DAYS ON MARKET 27 LAST UPDATED 9/29/2025
YEAR BUILT 0 COMMUNITY 100
COUNTY BERGEN STATUS Active
PROPERTY TYPE(S) Multi Family

PRICE HISTORY
Prior to Sep 25, '25 $1,065,000
Sep 25, '25 - Sep 26, '25 $1,064,999
Sep 26, '25 - Sep 26, '25 $1,065,000
Sep 26, '25 - Sep 29, '25 $1,064,000
Sep 29, '25 - Today $1,065,000


ADDITIONAL DETAILS
AREA 100
STYLE 4 Family
TAXES 14182
UTILITIES Natural Gas Available, Electricity Connected, Natural Gas Connected
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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All information deemed reliable but not guaranteed. Last date updated: 10/8/25 9:43 AM PDT Source: New Jersey Multiple Listing, Inc.

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