Discover the incredible potential of 616 Elm St, Maywood, NJ. Currently configured as a large single-family residence, this property is legally zoned as a 2-family home, offering a blank canvas for savvy investors or ambitious buyers looking to build immediate sweat equity. Value-Add Potential: Excellent opportunity to renovate and maximize equity. Flexible Layout: Easily transition the layout back to a cash-flowing 2-family. Expansion Possibility: Structural layout allows for a large 2-bedroom ground-floor apartment. Turnkey Upgrades: Second-floor unit already features an updated bathroom. House has a newer roof (10yrs) and a newer hot water heater (6 mos). Full basement w/bilko doors. Bonus Square Footage: Massive walk-up attic offers incredible storage or future living space. Commuter's Dream: Easy, fast access to NYC buses and local train stations. Major Highways: Minutes from Route 17, Route 4, and I-80 for effortless travel. Local Lifestyle: Close to Maywoodâs popular downtown shopping, dining, and parks. Ample Parking: Deep private driveway accommodates multiple vehicles. BEING SOLD STRICTLY AS-IS buyer responsible for CO and any permits required Call Andrea for easy showings: 201-248-5940
| MLS # | 26028897 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Days On Site | 68 |
| Listing Provided By | Terrie O'Connor Realtors-Ridgewood | Andrea Sterancsak |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| Rooms | 6 |
|---|---|
| Laundry | Basement |
| Utilities | O/See Rmks |
|---|
| Taxes | 11407 |
|---|
| State | NJ |
|---|---|
| County | BERGEN |
| City | Maywood |
| Zip Code | 07607 |
| Area | Maywood |
| Listing VS Median (in 07607) | |
Price: $699,999 low | high Med: $0 On site: 68 low | high Med: | |
| State | NJ |
|---|---|
| County | BERGEN |
| City | Maywood |
| Zip Code | 07607 |
| Area | Maywood |
| Listing VS Median (in 07607) | |
Price: $699,999 low | high Med: $0 On site: 68 low | high Med: | |