2-4 Family Home For Sale in Fairview, NJ
MLS# : 25030687
PROPERTY DETAILS
PROPERTY DESCRIPTION
This exceptional 2-family property offers an outstanding opportunity for investors looking for a stable, income-generating asset. Located just steps away from Elementary School , Boulevard east , GWB this well-maintained home features spacious living arrangements and strong rental potential, making it an ideal addition to your portfolio. Each unit consists of 3 bedrooms, 2 full baths, along with their own garage space, and washer / dryer located in the garage. With both units fully leased, the property offers a solid over 6%-7% capitalization rate, ensuring consistent cash flow for the investor. There is a bonus bedroom/ library /den , full bath and living/exercise area on the ground level and it is connected with the first floor-perfect for extended family . Whether you're looking for a multi-generational living setup, an investment opportunity, or a home with rental income potential, this home is an ideal choice. Located in the heart of the town , this huge home places you just minutes from a vibrant array of restaurants, shopping destinations, parks, and top-rated schools. Commuters will love the easy and direct access to New York City via nearby highways and public transportation. This is a rare find with tremendous value in a thriving community.
Amenities
This listing is a courtesy of Royal Signature Realty, LLC
201-943-9400 office, listing agent Mirjana Lambasa
About Fairview, NJ Real Estate Market
Currently, the population of Fairview stands at around 14,000 people, with the borough spreading over 0.85 square miles, thus making it one of the smallest boroughs in Bergen County in terms of area. Named after its view of the Hackensack River Valley, Fairview shares its borders with other municipalities of Bergen County, such as Ridgefield and Cliffside Park and even the North Bergen from the Hudson County.
Fairview is a small town, which does not have any large mansions, but small and quaint homes for sale in NJ across the small lanes of the borough. It has two cemeteries, Fairview Cemetery and Mount Moriah Cemetery, which are located along the Western Hudson Pallisades and are two of the biggest cemeteries in Bergen County. Apart from that, Fairview also has a few bars and restaurants, which make sure that life in the borough is not too boring and hush-hush at all.
| Population: | 13,835 |
| Total Housing Units: | 5,150 |
| Single Family Homes: | 2,121 |
| General Tax Rate (2023): | 2.261% |
| Effective Tax Rate (2023): | 1.851% |
| Compare To Other Towns |
Fairview Market Indicators
PRICE INDEX
| Average Price* (12mo): | $574,564 |
| Homes Sold* (12mo): | 24 |
SINGLE FAMILY HOME SALES
Fairview, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.261% |
| Effective Tax Rate (2023): | 1.851% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
