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Listed by Christopher Clark Weichert Realtors, Summit
$ 550,000
Est. payment | /mo
2 Baths
$ 550,000
Est. payment | /mo
2 Baths
Open House
Sun Nov 16, 1:00pm - 2:30pm
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25040486
Style 2 Family
Full Baths 2
Property Sub-Type 2 Family
Property Description
Cheaper than renting!!! This two-family home was fully renovated in 2024, modern finishes and all new appliances (one year old). Perfect for investors or first-time homebuyers. The first-floor features two bedrooms plus an extra room that can be used as a third bedroom or home office. First floor will be delivered vacant. The second floor offers a spacious open concept living and dining area, three bedrooms, and an additional bonus room ideal as a fourth bedroom or office. Each unit pays its own utilities for added convenience. Second floor is rented $2,000/monthly. Enjoy the fenced backyard, perfect for pets or outdoor gatherings. Low taxes of approximately $5,084 and rent income from the second floor makes this property a great deal. Conveniently located less than a quarter mile from the bus station, commuting is easy. This home also qualifies for many programs: Community Reinvestment Act (CRA) programs, first time homebuyer down -payment assistance, closing costs assistance and first generation for buyers that qualifies for these programs. NJMFA First Generation Down Payment Assistance Program provides up to $17,000 - $22,0000 in total assistance when combined with other NJMFA programs. If you want to know if you qualify, reach out. FYI: Pictures don't show the beauty of this house. Come and see it in person please.
Location
State NJ
County Essex
Interior
Laundry None
