2-4 Family Home For Sale in Teaneck, NJ
MLS# : 25023649
PROPERTY DETAILS
PROPERTY DESCRIPTION
Back on the market, original buyers’ financing fell through. Your opportunity now awaits! Rare opportunity to own a two-family home in an up and coming neighborhood in Teaneck. All brick, multi-level, Colonial and with excellent cash flow potential. According to the town tax records estimated monthly rental profit is $4,400. The house needs work, but all the bones are there. It needs just some cosmetic changes. Unit #1: (Ground Floor) 3 BR, 1 BA, Updated for sale: fresh paint, new lighting, wood floors, updated kitchen and bathroom. Unit#2: (Upstairs): 3 BR, 1 BA, Seller has said second floor generated $2,100 a month in rent. There is a third floor dormer for the tenant storage needs. Kitchen stairs lead to unfinished basement and walkout to garage. Easy walking distance to shops, a park, houses of worship and transportation, with a NYC express bus stop around the corner (per locals, you'll always get a seat). Sold as is.
Amenities
This listing is a courtesy of Blossom Realty
646-382-1155 office, listing agent Diane Babat
About Teaneck, NJ Real Estate Market
While the origin of the name ‘Teaneck’ is not yet confirmed to date, it is believed that the name might have come from the Native American origin, which means ‘the woods’. Teaneck currently shares its borders with other municipalities of Bergen County, such as Hackensack, River Edge, Bergenfield, New Milford, Leonia, Englewood, Bogota and Ridgefield Park.
Located at the junction of Interstate 80 and Interstate 95, Teaneck is divided into two parts bisected by Route 4 in the north and south. There are four main shopping areas in the township, such as Teaneck Road, West Englewood Avenue, DeGraw Avenue and Queen Anne Road, where most of the commercial development in the township has happened over the years. Out of 24 municipal parks in the township of Teaneck, around 14 are developed. Votee Park is the largest among all the 14 parks located in the township. Get in touch with a real estate broker in Bergen County for buying a home in this town.
| Population: | 39,776 |
| Total Housing Units: | 14,024 |
| Single Family Homes: | 11,269 |
| General Tax Rate (2023): | 3.301% |
| Effective Tax Rate (2023): | 2.203% |
| Compare To Other Towns |
Teaneck Market Indicators
PRICE INDEX
| Average Price* (12mo): | $717,699 |
| Homes Sold* (12mo): | 261 |
SINGLE FAMILY HOME SALES
Teaneck, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 3.301% |
| Effective Tax Rate (2023): | 2.203% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
