130 Park Avenue Englewood, NJ 07631
Listing Courtesy of: NJMLS / Howard Hanna | Rand Realty / Michael Joo

  130 Park Avenue Englewood, NJ 07631

Active (19 Days)
$1,064,000
10
BED
4
BATH

Description

Exceptional 4-family offering a perfect income-producing investment. It delivers an 8% in-place cap rate, a rare find in Bergen County. | Phenomenal cash-on-cash returns of 8.7% (& 13.2% projected) at 25% down, providing immediate cash flow and a path to higher returns. | Only eight 4-families have sold in Bergen County in the past six months, w/ comps at $1.1 - $1.2 M (ask for details). | Two upper duplex units each feature 2 BR + office (flex 3 BR), while the two lower units are spacious 2 BRs. | All apartments have market-rent upside even WITHOUT renovations, & the unfinished basement can readily add coin-op laundry for extra income. | Capital improvements include updated baths, a 6-year-old roof, 4 separate boilers installed 2016, & 4 newer hot water heaters, w/ separate PSE&G utilities (5 electric, 4 gas meters) to keep operating costs low & predictable. | Current rent roll is $108K+ with $85K NOI (net income), with excellent rental history. | The owner’s duplex can be delivered vacant (or Seller willing to stay at market rent if preferred), allowing a market-rate lease or an owner-occupant to live onsite while collecting income. | TEXT 2O12849OO9. | Located on a quiet dead-end street just blocks from downtown Englewood, transit, restaurants, & shops, this property combines great, stable income, high positive cash flow from day one, growth potential, & low expenses / maintenance, making it one of Bergen County’s most compelling multifamily investments.

MLS #:
25032451
Taxes
$14,182
Lot Size
4,800 SQFT
Type
Multifamily
Style
Other
County
Bergen County

Listed By

Michael Joo, Howard Hanna | Rand Realty
Source
NJMLS
Last checked Sep 29 2025 at 4:50 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 4
Utility Information
  • Utilities: Sep Heat, Electricity Connected, Natural Gas Connected
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Howard Hanna Rand Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 NJMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/28/25 21:50