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349 Gorge Road

Cliffside Park, NJ 07010

MLS#: 26016168

$1,850,000

Status: Active
Listing number: 26016168
Listing provided by: Casa Real Property Group LLC
Listing agent phone: None
Last update: 29 days ago
On site: a month ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

0

Welcome to a prime investment opportunity! This well-maintained 5-unit residential building offers a versatile mix of rental options. Features 2 -2 bedroom units with 2 baths each, 3-1 bedroom units with 1 bath each. Additional highlights include dedicated parking for 5 vehicles and in-building laundry facilities for added convenience. This property is ideally situated close to public transportation, a variety of shops, and local churches; ensuring a vibrant community and strong tenant appeal. Whether you're an investor or looking to expand your portfolio, this property blends functionality with a desirable location, promising excellent rental potential and long-term value. Don't miss your chance to own a dynamic asset in a thriving neighborhood!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,850,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

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BERGEN

Elementary School

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Listing Courtesy of Chloe Cortes , Casa Real Property Group LLC

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Welcome to a prime investment opportunity! This well-maintained 5-unit residential building offers a versatile mix of rental options. Features 2 -2 bedroom units with 2 baths each, 3-1 bedroom units with 1 bath each. Additional highlights include dedicated parking for 5 vehicles and in-building laundry facilities for added convenience. This property is ideally situated close to public transportation, a variety of shops, and local churches; ensuring a vibrant community and strong tenant appeal. Whether you're an investor or looking to expand your portfolio, this property blends functionality with a desirable location, promising excellent rental potential and long-term value. Don't miss your chance to own a dynamic asset in a thriving neighborhood!

349 Gorge Road

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Great location" in the center of downtown with high visibility. Shares the cross walk with Wells Fargo bank. This property was last sold in 1976! This Art deco style building lies on a 100x26"ft corner lot: Most of the building has south exposure for lots of sunlight. Mixed use with Professional offices on 1st two floors. First floor can be two separate spaces with retail in front (with one bathroom) and office in back with separate entrance and one bathroom. The second floor has dual access from Anderson & Nelson Ave. w/one bathroom. Possible to convert to two apts. with the same floor plan and the top floor. The property comes with 3/4 car parking spaces, 5 boilers, 6 separate electric meters, central air on the 1st floor, front and back stairwell. The building has a new roof, and the two rental units were renovated, approx. 3 years ago. The decommissioned oil tank is still in the ground & the owner has the accompanying documents. The decommissioned oil tank is still in the ground & the owner has the accompanying documents. Building is being sold "as is". Top floor has view of the Empire State building. Better views from roof if another floor was added or converted to a roof deck. Current apt. income is $1,550 + $2,200 (both mo. to mo. tenants). Owner will not deliver apts. vacant but will deliver 1st & 2nd floors vacant. Once updated the total rent projected is $160,000 (conservatively) to $179,000 or more.
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None Beds

None Baths

N/A

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