2-4 Family Home For Sale in Tenafly, NJ
 

MLS# : 24035482

Street : 38 Mahan Street
Price : $620,000
Town : Tenafly, NJ 07670
Annual Taxes : $8,466

PROPERTY DETAILS

# of Rooms : 9
Bedrooms : 3
Full Baths : 3
Half Baths : 0
Basement : Unfinished
Garage : Park Space
Year Built : 1900-1939
Lot Size : Regular
Style : 2 Family
Exterior Finish : Other
Heat/Cool : Gas

PROPERTY DESCRIPTION

Welcome to 38 Mahan Street, a delightful two-family residence that offers both comfort and investment opportunity. This well-maintained property features a spacious main unit with 2 bedrooms and 1.5 baths, perfect for primary living or rental income. The additional 1-bedroom cottage apartment provides extra income potential or can serve as a private retreat for guests. Situated in a desirable location, this home boasts four dedicated parking spaces, ensuring convenience for residents and visitors alike. The surrounding area is vibrant, with easy access to local amenities, schools, shopping, parks, and public transportation. Being sold in conjunction with 74 Piermont Road to further enhance your investment portfolio. Don't miss out on this unique opportunity to own a multi-family home with versatile living options and the potential for additional income.

Amenities

Life Style :

Close/Parks, Close/School, Close/Shopg, Close/Trans, Close/Wrshp

This listing is a courtesy of RE/MAX Signature Homes
(201) 660-9933 office, listing agent Rebecca LaPira

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


About Tenafly, NJ Real Estate Market

One of the oldest suburbs of New York City, Tenafly is one of the 26 boroughs in Bergen County in New Jersey that got formed during the Boroughitis phenomenon that occurred in 1894. During this phenomenon, portions of Palisades Township got included in the formation of Tenafly in 1894. Currently, around 16,000 people reside in Tenafly, which is spread over 5.16 square miles.

Tenafly shares its borders with other boroughs of Bergen County, such as Cresskill, Alpine, Englewood, Bergenfield and Englewood Cliffs. Since the beginning, Tenafly has remained one of the highest-income communities in Bergen County, due to which you can find many large-sized homes, which are some of the most desirable houses in New Jersey real estate.

During the late 17th century, many Dutch immigrants began to settle in Tenafly. The Dutch influence can be seen in the inspiration behind the borough’s name, taken from the Dutch phrase ‘Tiene Vly’ that means ‘ten swamps.

The overall planning and development in Tenafly are influenced by the hills and valleys around the town. While the eastern part of Tenafly is called ‘East Hill’ and has a higher elevation, the eastern part of the borough has dramatically higher terrains which terminate at the New Jersey Palisades beside the Hudson River.
Population:  14,488
Total Housing Units:  4,980
Single Family Homes:  4,500
General Tax Rate (2023):  2.771%
Effective Tax Rate (2023):  2.105%
Compare To Other Towns

Tenafly Market Indicators

PRICE INDEX

Average Price* (12mo):  $1,532,775
Homes Sold* (12mo):  143
PRICE INDEX
SINGLE FAMILY HOME SALES

Tenafly, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  2.771%
Effective Tax Rate (2023):  2.105%
GENRAL TAX RATE - Tenafly, NJ



The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 11/06/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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