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.
Active
$2,500,000
1745 -1749Ratzer Rd, Wayne Twp., NJ 07470
8beds
--sqft
Single Family Residence
Built in 1900
0.75 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 22 hours
- 214
- 4
Zillow last checked:
Listing updated:
Listed by:
Matthew O Hare 551-286-5771,
Coldwell Banker Realty
Source: GSMLS,MLS#: 4055424
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Kitchen
- Features: Eat-in Kitchen
Heating
- Baseboard - Hotwater, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Range/Oven-Gas, Refrigerator
Features
- Flooring: Vinyl-Linoleum, Wood
- Basement: Yes,Unfinished
- Has fireplace: No
Property
Parking
- Total spaces: 8
- Parking features: 2 Car Width, Detached Garage
- Garage spaces: 2
- Uncovered spaces: 8
Lot
- Size: 0.75 Acres
- Dimensions: .747 AC
- Features: Corner Lot, Level, Split Possible
Details
- Additional structures: Second Residence
- Parcel number: 2514029000000000080000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame,See Remarks
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1900
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Wayne
Financial & listing details
- Tax assessed value: $269,600
- Annual tax amount: $16,170
- Date on market: 9/28/2026
- Exclusions: All tenants personal property
- Ownership type: Fee Simple
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Listed for sale | $2,500,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





