07470 Homes with Extra House on Lot Style

07470 Homes with Extra House on Lot Style

Welcome to the charming community of Wayne Township, NJ, nestled in the heart of Passaic County and proudly bearing the zip code 07470. Known for its picturesque neighborhoods and vibrant local culture, Wayne Township is an ideal place for families, young professionals, and retirees alike. With its blend of suburban tranquility and urban convenience, residents can enjoy the best of both worlds.

One of the standout features of properties in this area is the availability of homes with extra houses on the lot. This unique style of living offers a multitude of possibilities for homeowners. Whether you're looking for a guest house, a home office, or even a rental property, these additional structures provide flexibility and value that is hard to find elsewhere. Imagine having a serene space just steps away from your main residence, perfect for hosting family gatherings or creating a private retreat.

The 07470 zip code is also characterized by its lush parks, excellent schools, and a variety of shopping and dining options. Residents can explore the beauty of local parks like the picturesque Packanack Lake or enjoy the vibrant community events throughout the year. With easy access to major highways and public transportation, commuting to nearby cities is a breeze, making Wayne Township a prime location for those who work in New York City or other surrounding areas.

In summary, Wayne Township, NJ, with its inviting homes, especially those with extra houses on the lot, offers a wonderful lifestyle filled with opportunities for growth, relaxation, and community connection. Discover your dream home in this delightful zip code today!

Newest 07470 Homes with Extra House on Lot Style

$2,500,000
8 Beds ⋅ 4 Baths ⋅ 4055424 MLS
RARE INVESTMENT & REDEVELOPMENT OPPORTUNITY! An exceptional property offering the unique combination of substantial in-place rental income and exciting future redevelopment potential.Situated on one property are FOUR existing houses currently generating a combined $10,725 PER MONTH in rental income ? approximately $128,700 in gross annual income. This provides an investor with meaningful cash flow from day one while evaluating the property's longer-term possibilities.The real opportunity lies in the flexibility of the asset. Continue operating the four existing residences as an income-producing investment, explore opportunities to enhance the property's current use, or investigate its future redevelopment potential. The property's configuration and overall potential create a compelling opportunity for investors, developers, builders, and end users looking for a value-add acquisition.Property is being marketed based upon its existing use and potential. Any proposed development, redevelopment, subdivision, change of use, or other improvements are subject to applicable zoning regulations, governmental approvals, and the buyer's independent due diligence. Seller and listing broker make no representations regarding the feasibility or approval of any proposed use.A unique opportunity to acquire FOUR income-producing houses on one property while exploring the possibilities for its next chapter.

1745 -1749Ratzer Rd, Wayne Twp.
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