Sold

Sold - Sold

545 Gorge Road

Cliffside Park NJ, 07010

$862,500


Sold

Sold - Sold

4 Beds

4 Baths

Multi-family

Bought with Michael Arabia with Evelyn G. Rafter & Associates and Listed by Bettina Peretti Monaco with Century 21 Calabrese Realty 2019605056

This 4-family house in the heart of Cliffside Park is an outstanding investment opportunity. Each of the four units is a one-bedroom apartment, fully occupied with tenants on a month-to-month basis, allowing for future leasing flexibility. The property generates a gross rent of $63,564 annually, with a net income of approximately $40,000. These figures do not include additional income potential from parking. The property features a long driveway and a two-car garage, providing ample parking space. Located in a prime area, it's close to transportation, shopping centers, schools, restaurants, and parks, making it highly attractive to tenants and investors.

24026900

MLS ID

August 20, 2024

Listed

January 14, 2025

Updated

Map

545 Gorge Road
Cliffside Park NJ, 07010

Interior Features

Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Laundry Description

In Basement


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Architectual Style

4 Family

Other Property Details

Taxes

$10,586


Tax Frequency

Annually


Garage

Yes


Garage Spaces

2


Parking Total

2


View

No


County

BERGEN


Pool

No

Listing History

Date

Event

Price

1/3/2025

Price change

$890,000

3%

12/17/2024

Price change

$862,500

-4%

12/17/2024

Sold

$862,500

12/11/2024

Under contract

10/15/2024

Pending

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Christie's International Real Estate are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  1/14/2025 

Source:  New Jersey Multiple Listing Service, Inc.

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