102 Exton Ave,North Arlington Boro, NJ 07031
North Arlington Boro, NJ 07031
Description
RARE 4-FAMILY INVESTMENT OPPORTUNITY! Owner-occupy or add a turnkey income-producing property to your portfolio. Ideally situated at the corner of Exton Ave & Forest St, this fully renovated property features four spacious 3-bedroom, 1-bath apartments, each offering a comfortable Living Room, Eat-In Kitchen, and excellent rental appeal. All four apartments have been completely renovated with new kitchens, bathrooms, flooring, paint, and more allowing a new owner to benefit from a property that is ready to generate income from day one. Each unit has separate utilities, providing an important advantage for investors. The income potential continues with a two-car garage currently rented for $500/month, plus off-street parking accessed from the dedicated driveway on Exton Ave. The basement is divided for additional storage and features coin-operated laundry, creating another valuable amenity for tenants. The property currently generates over $127,800 in annual gross income, with significant upside potential for an investor looking to increase returns. With four 3-bedroom units, multiple parking options, garage income, separate utilities, and a commuter-friendly location, this is an ideal opportunity for the savvy investor, first-time landlord, or owner-occupant. Four-family properties this well positioned and fully renovated are hard to find. Don't miss this opportunity to acquire a strong income-producing asset with built-in potential for future growth!
Details
| MLS # | 4047432 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 1930 |
| Days On Site | 38 |
| Listing Provided By | RE/MAX ELITE REALTY | PERRY SESSA |
Features
| Bath(s) | 4 Total |
|---|---|
| Garage | 2 |
| Basement | Y |
Taxes
| Property | 18621 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Bergen |
| City | North Arlington Boro |
| Zip Code | 07031 |
| Area | Bergen |
| Listing VS Median (in 07031) | |
Price: $1,379,000 low | high Med: $799,900 On site: 38 low | high Med: 93 | |
Market Activity 07031
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Learn More About This Property
| State | NJ |
|---|---|
| County | Bergen |
| City | North Arlington Boro |
| Zip Code | 07031 |
| Area | Bergen |
| Listing VS Median (in 07031) | |
Price: $1,379,000 low | high Med: $799,900 On site: 38 low | high Med: 93 | |
