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$ 999,000
Est. payment /mo
New
244 Slocum Way Fort Lee Boro, NJ 07024
5 Beds
3 Baths
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4040797
Style 2-Two Story
Bedrooms 5
Full Baths 3
Year Built 1941
Annual Tax Amount $14,121
Tax Year 2025
Lot Size 3,049 Sqft
Property Description
Income-Producing 2-Family with Owned Solar, Private Parking & Strong Rental PotentialThis well-maintained 2-family home offers an excellent opportunity for investors or owner-occupants seeking rental income, valuable upgrades, and private parking. The first-floor duplex features 2 bedrooms, 2 full bathrooms, and an expanded layout with a finished lower level, while the second-floor unit offers 3 bedrooms and 1 full bathrooms. Stable tenants are already in place, with the first-floor lease expiring in August and the second-floor lease expiring in March, providing flexibility for future plans. One of the property's standout features is its owned solar panel system, offering a fixed electric rate of approximately $0.14/kWh under a long-term agreement an exceptional value that helps keep energy costs predictable for years to come. Additional highlights include private driveway parking, a detached garage, and extra parking behind the garage a rare convenience for a multi-family property. All major appliances are included, including refrigerators, stoves, microwaves, washers, and dryers. The home also features central HVAC, a newer central A/C system installed last year, an additional ductless cooling system, and public water and sewer. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this property offers the perfect combination of cash flow, energy savings, and long-term value.
Location
State NJ
County Bergen
Rooms
Basement Finished, Full
Interior
Heating Gas-Natural
Cooling Central Air, Ductless Split AC
Heat Source Gas-Natural
Exterior
Exterior Feature Brick
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available Gas-Natural, See Remarks
Roof Type See Remarks
Building
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No
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Listed by EXP REALTY, LLC