2-4 Family Home For Sale in Cliffside Park, NJ
MLS# : 25033774
PROPERTY DETAILS
PROPERTY DESCRIPTION
Turn-key 2-family investment property in the heart of Cliffside Park, an area known for exceptional rental demand. Ideal for buy-and-hold investors, 1031 buyers, or owner-occupants looking to offset expenses with rental income. Please note: Cliffside Park is naturally hilly, and this property sits on an incline. While this may not be ideal for every homeowner, it has not impacted rental demand. Unit 1 is currently rented month-to-month, providing immediate income with the flexibility for the tenant to stay or vacate at the buyer’s option. Unit 2 is kept vacant for easy showings. Offering strong cash-flow potential and the opportunity to place a new tenant at market rent. Both units are renovated with hardwood floors, modern bathrooms, and abundant natural light. Low property taxes. Highlights for Investors: - Renovated interiors means reduced CapEx for years to come. Dependable income. - Near a family-friendly park, adds rental desirability. - Only 1 mile from River Road shopping, dining, and daily conveniences. - Walking distance to schools, houses of worship, and local amenities. - Quick access to public transportation for an easy NYC commute. Don’t miss this rare opportunity to acquire a renovated, cash-flow-ready 2-family property in one of Bergen County’s most desirable and consistently strong rental markets.
Amenities
This listing is a courtesy of Realmart Realty, LLC
732-727-2285 office, listing agent Qizhan Yao
About Cliffside Park, NJ Real Estate Market
Cliffside Park derives its name from its location, which means a park surrounded by cliffs. The central part of this town is this park, which is named Palisades Amusement Park. Spread over an area of 38-acres, this amusement park was in existence between 1898 and 1971. After 1971, the amusement park shut down with removals of rides and attractions. Post that, the park was replaced by tall apartment buildings, including many homes for sale in this town of New Jersey, making it a more prominent residential place and a chief addition in the New Jersey real estate.
Other well-known locations of Cliffside Park include Trinity Episcopal Church and the Roman Catholic Church of Epiphany, apart from small parks and gardens. Most of the residents of Cliffside Park are retirees and young professionals who are using their homes as rental places. The overall town has several coffee shops, parks and small restaurants, with decent levels of education and transportation facilities.
| Population: | 24,046 |
| Total Housing Units: | 10,007 |
| Single Family Homes: | 4,675 |
| Apartments: | 5,332 |
| General Tax Rate (2023): | 2.675% |
| Effective Tax Rate (2023): | 1.930% |
| Compare To Other Towns |
Cliffside Park Market Indicators
PRICE INDEX
| Average Price* (12mo): | $909,212 |
| Homes Sold* (12mo): | 44 |
SINGLE FAMILY HOME SALES
Cliffside Park, NJ
PRICE INDEX
| Average Price* (12mo): | $641,075 |
| Apatments Sold* (12mo): | 183 |
APARTMENT SALES
Cliffside Park, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.675% |
| Effective Tax Rate (2023): | 1.930% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $650,000 - 2,650,000 | 9 |
| Condos : | $348,000 - 3,400,000 | 32 |
| Co-ops : | $2,600 - 525,000 | 6 |
| Twnhs : | $868,000 - 1,298,000 | 6 |
| 2-4 Fam : | $749,000 - 2,200,000 | 6 |
| 5+ Fam : | - | |
| Land : | $699,000 - 2,200,000 | 2 |
| Rentals : | $1,700 - 9,500 | 58 |
| Mixd Use : | $1,799,000 - 1,799,000 | 1 |
| Com S : | - | |
| Com L : | - | |
| Biz : | $35,000 - 290,000 | 4 |
