Time to start off the New Year with a smart investment opportunity! This well-maintained two-family home is located on a beautiful, tree-lined street in desirable Elmwood Park, conveniently situated between Franklin Street and Linden Avenue and close to all amenities. Ideal for an owner-occupant or investor, this property offers the option to live in one unit and rent the other or enjoy an income-producing asset with strong upside potential. Hardwood floors throughout, separate utilities, and a one-car detached garage with additional storage add to the appeal.The first-floor unit features a large foyer, one bedroom, kitchen, living room/dining room combination, and one full bathroom. The second-floor unit offers a studio-style, open-concept layout with kitchen, living room/dining room combination, hardwood floors, a full bathroom, and a small attic area currently being used as a sleeping space.Conveniently located near shopping, dining, parks, and recreation, with easy access to Routes 46, 80, and the Garden State Parkway. NJ Transit bus service nearby provides convenient transportation to New York City and surrounding areas. Close to Gilbert Avenue Elementary School, Elmwood Park Memorial Middle School, and Memorial Senior High School. Below-market rents provide excellent value-add potential. A great opportunity to own a versatile multi-family property in a sought-after Bergen County location.
381 Mola Blvd, Elmwood Park Boro NJ 07407-2201
Property City
Elmwood Park Boro
Property Price
$470,000
Bedrooms
1
Year Built
1920
Tax Annual Amount
$8194
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.11
MLS Status
Active
MLS #
4003395
Yearly Tax Rate
3.069
Year Built (*numeric)
1920
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
7
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
GarageSpaces
1
Heating
2 Units, Baseboard - Hotwater
Lot Size Dimensions
50X100
Data import from
GSMLS