397 Oak St, Ridgefield, NJ 07657

Property Description

Opportunity, flexibility, and upside all come together in this over/under 2-family with a highly functional layout and strong appeal for both investors and owner-occupants. Each main unit offers the same floor plan with a living room, kitchen, den/dining room, 2 bedrooms, and 1 full bath, creating a practical setup for rental income, multi-generational living, or extended family. Unit 1 offers even more versatility with an additional ground-level living area, bedroom, and kitchen - ideal for expanded living space, guest quarters, or a potential private suite. A 2-car garage adds valuable convenience, while the full unfinished basement with separate keyed entrance includes a work room, storage, utilities, and washer/dryer, offering excellent utility and future potential. In need of some work, this property presents a rare chance to renovate and build equity while tailoring the space to your needs. Whether you're looking to live in one unit and offset expenses with rental income, accommodate extended family, or add a value-add multi-family to your portfolio, this property offers the space, layout, and potential to make it a smart investment.