130 Park Avenue, Englewood, NJ 07631

Local realty services provided by:ERA Queen City Realty
130 Park Avenue,Englewood, NJ 07631
$1,065,000
Virtual Tour
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:michael joo
Office:howard hanna rand realty, old tappan
MLS#:25032451
Source:NJ_MLS

Price summary

  • Price:$1,065,000

About this home

Exceptional 4-family in prime Englewood with an unheard of in-place 8% cap rate & projected pro forma 9.1% cap rate. Cash on cash returns are phenomenal, with 8.7% in place & 13.2% projected @ 25% down. Only 8 four-families sold in Bergen County over the past 6 months, underscoring how rare opportunities like this are. | The two upper units are duplex-style 2BR+office (flex 3BR), commanding higher rents than typical 2BR layouts, while the other two are spacious 2BRs. All units offer upside through market rent adjustments, even before any renovations. The basement also has easy potential for coin-operated laundry to generate ancillary income. | Investors benefit from 6 yr old roof, 4 boilers installed in 2016, 4 hot water heaters replaced in past 3 yrs, & fully separate PSE&G utils with 5 elec meters & 4 gas meters -- a setup that minimizes near-term expenses & landlord responsibility. | Current rent roll exceeds $108K annually w/ NOI of approx. $85K. Proj. rent roll $118K+, pro forma

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Home facts

  • Listing ID #:25032451
  • Added:4 day(s) ago
  • Updated:September 15, 2025 at 03:42 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4

Finances and disclosures

  • Price:$1,065,000
  • Tax amount:$14,182
MLS Logo 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 ERA Queen City Realty 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: September 15, 2025. Source: New Jersey Multiple Listing Service, Inc. 2025 New Jersey Multiple Listing Service, Inc. All rights reserved.

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