244 Slocum Way, Fort Lee Boro, NJ 07024
244 Slocum Way, Fort Lee Boro, NJ 07024
244 Slocum Way, Fort Lee Boro, NJ 07024
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$999,000
Est. payment /mo
5 Beds
3 Baths
3,049 Sqft Lot
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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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Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC

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Name

Name

Phone*

Phone

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Message
Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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244 Slocum Way