1745 -1749ratzer Rd
Wayne Twp, NJ 07470
Price: $2,500,000
GSMLS: 4055424Type: Single Family
Style: A-Frame
Beds: 8
Baths: 4 Full
Garage: 2-Car
Year Built: 1900
Acres: 0.75
Property Tax: $16,170
Description
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.
Rooms Sizes
Kitchen:
n/a
Dining Room:
n/a
Living Room:
n/a
Family Room:
n/a
Den:
n/a
Bedroom 1:
n/a
Bedroom 2:
n/a
Bedroom 3:
n/a
Bedroom 4:
n/a
Room Levels
Basement:
n/a
Ground:
n/a
Level 1:
n/a
Level 2:
n/a
Level 3:
n/a
Level Other:
n/a
Room Features
Kitchen:
Eat-In Kitchen
Dining Room:
n/a
Master Bedroom:
n/a
Bath:
n/a
Interior Features
Square Foot:
n/a
Year Renovated:
n/a
Basement:
Yes - Unfinished
Full Baths:
4
Half Baths:
0
Appliances:
Range/Oven-Gas, Refrigerator
Flooring:
Vinyl-Linoleum, Wood
Fireplaces:
No
Fireplace:
n/a
Interior:
n/a
Exterior Features
Garage Space:
2-Car
Garage:
Detached Garage
Driveway:
2 Car Width
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Swimming Pool:
n/a
Pool:
n/a
Utilities
Heating System:
Baseboard - Hotwater
Heating Source:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Services:
n/a
Lot Features
Acres:
0.75
Lot Dimensions:
n/a
Lot Features:
Corner, Level Lot, Possible Subdivision
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Passaic
Town:
Wayne Twp.
Neighborhood:
n/a
Application Fee:
n/a
Association Fee:
n/a
Fee Includes:
n/a
Amenities:
n/a
Pets:
n/a
Financial Considerations
List Price:
$2,500,000
Tax Amount:
$16,170
Land Assessment:
$114,000
Build. Assessment:
$155,600
Total Assessment:
$269,600
Tax Rate:
6.00
Tax Year:
2025
Ownership Type:
Fee Simple
Listing Information
MLS ID:
4055424
List Date:
09-28-2026
Days On Market:
1
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Matthew O Hare
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: EdenLaneLiving.com
