Exceptional income-producing property generating $7,740 per month, nestled high in the Palisades, offering a rare blend of privacy, charm, and breathtaking views of the New York City skyline. Three distinct residences are surrounded by mature trees and lush greenery. The owner occupies the main residence, while the two additional homes are leased, providing immediate, established rental income. Parking for three cars, plus convenient access to public transportation.
A rare two-family opportunity in one of Bergen County�s most desirable waterfront-adjacent communities. 349 Undercliff Avenue presents an exceptional investment or owner-occupant opportunity in sought-after Edgewater. This versatile multi-family property offers exceptional flexibility for investors, owner-occupants, or multi-generational living. Unit 1 features 2 bedrooms, 1 full bathroom, a spacious living room, formal dining room, and an eat-in kitchen with direct access to deck. Unit 2 offers an expansive layout with 2 bedrooms, 2 full bathrooms, formal living room, dining room, and an eat-in kitchen with access to its own private deck. This unit also includes a finished attic with two bonus rooms and a foyer, providing ideal space for a home office, recreation area, or flexible living needs. Large unfinished basement with high ceilings, offering tremendous potential for storage, workspace, or future possibilities (buyer to conduct due diligence). Two car parking spaces, separate electric and gas utilities add convenience for both homeowners and investors alike. Located near multiple NYC transportation, major highways, shopping, dining, and parks. Huge opportunity to own a versatile property in sought-after Edgewater.
Discover an unparalleled investment opportunity in Edgewater NJ featuring 3 residential units and 1 commercial space. This fully occupied mix-use property offers two 1 bedroom units, one 2 bedroom unit and retail space on the street level. Ideal for those wishing to enjoy a high-quality residence while generating rental income from well-maintained units, or for investors looking to add to the property value by adding one to two more units to the existing single family home. Don't miss the chance to capitalize on this versatile and lucrative real estate opportunity. This wonderful Edgewater's location and attractions further contribute to the investment potential of this property. Being close to all the great things the city has to offer, such as entertainment venues, restaurants, parks, and easy commute to NYC.
Prime builder or investor opportunity: This 25,000+ sq ft combined lot offers unobstructed Hudson River and NYC skyline views. The property includes an existing four-family dwelling and is sold as-is, with no variances filed. Zoned residential and perfectly positioned across from recreation areas, it�s minutes from NYC transport, schools, and local amenities. An ideal site for future development in a thriving neighborhood. Please see PROPERTY / LAND LISTED MLS # 25039324
Edgewater is located in New Jersey. Edgewater, New Jersey has a population of 14,234. Edgewater is less family-centric than the surrounding county with 29.67% of the households containing married families with children. The county average for households married with children is 35.18%.
The median household income in Edgewater, New Jersey is $126,483. The median household income for the surrounding county is $109,497 compared to the national median of $69,021. The median age of people living in Edgewater is 36.5 years.
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 47.9 inches per year, with 26.1 inches of snow per year.