733 Schuyler Avenue

Description

Welcome to your next great investment or multi-generational in the heart of Lyndhurst, New Jersey! This beautifully maintained 2-family multi-family property offers the perfect blend of suburban charm, urban convenience, & incredible income-generating potential. Situated in a highly desirable, walkable neighborhood, this property is ideal for savvy investors looking to add to their portfolio or primary home buyers wanting to live in one unit while letting the rental income cover the mortgage. Or perhaps one family under the same roof in their own dwelling. The home features 3 separate entrances for maximum privacy & convenience, ensuring each unit has its own dedicated access point. Step inside from the flat, low-maintenance, fully fenced-in backyard through a lovely enclosed porch- a perfect, weather-protected transition space that leads directly into the home. 8 year old roof brings great peace of mind. The first-floor unit features a spacious layout with a bright living room, an updated kitchen, directly off the dining room, two generously sized bedrooms, and a full bathroom, along with direct access to the basement and backyard. Upstairs, the second-floor unit offers an equally inviting floor plan filled with excellent natural light, boasting a large living area, an eat-in kitchen, 3 comfortable bedrooms, and another full bathroom. Also featuring a massive, full-height walk-in attic which is one of the most valuable and overlooked features a home can offer. It functions perfectly right now as a massive, easily accessible storage zone for seasonal gear and organized overflow. However, the real value lies in its incredible expansion potential. With its high ceilings and strong footprint, this space acts as a blank canvas ready for finishing. It offers endless conversion possibilities, allowing you to easily finish it into a future primary suite, a quiet home office, or a spacious media room whenever you need the extra living space. Down below, the full, partially finished basement provides ample storage space, dedicated laundry hookups for both units, and an additional living space. Including first floor furnace, 1 year old, and second floor furnace, 6 years old. One of the standout features of this home is the ultimate utility control and mechanical efficiency it offers. Designed to keep landlord overhead low, the property is equipped with separate utility meters, three separate furnaces, and a dedicated hot air heating system specifically designed to completely separate the first floor climate control from the basement. This rare setup ensures each space has its own independent heating, keeping tenant comfort high and owner expenses entirely predictable. The home offers 2 private driveways ensuring off-street parking for residents and guests. The backyard serves as a perfect retreat for weekend barbecues and outdoor relaxation on the deck, also featuring multiple sheds for storage and convenience. Location is everything, and this home sits right in the center of it all. It is a true commuter's dream, located just minutes from the Lyndhurst Train Station and local bus stops for a swift, direct commute into New York City. Residents will love being steps away from Ridge Road's vibrant dining scene, local cafes, grocery stores, and boutique shopping, as well as close to beautiful Riverside County Park and excellent public schools. With quick connectivity to major highways like Route 3, Route 17, and the New Jersey Turnpike, this property commands high rental demand in a strong market. Don't miss out on this rare opportunity to own a prime piece of Lyndhurst real estate!