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$999,000 Just Listed
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Property Description
Income-Producing 2-Family with Owned Solar, Private Parking & Strong Rental PotentialThis well-maintained 2-family home offers an excellent opportunity for investors or owner-occupants seeking rental income, valuable upgrades, and private parking. The first-floor duplex features 2 bedrooms, 2 full bathrooms, and an expanded layout with a finished lower level, while the second-floor unit offers 3 bedrooms and 1 full bathrooms. Stable tenants are already in place, with the first-floor lease expiring in August and the second-floor lease expiring in March, providing flexibility for future plans. One of the property's standout features is its owned solar panel system, offering a fixed electric rate of approximately $0.14/kWh under a long-term agreement an exceptional value that helps keep energy costs predictable for years to come. Additional highlights include private driveway parking, a detached garage, and extra parking behind the garage a rare convenience for a multi-family property. All major appliances are included, including refrigerators, stoves, microwaves, washers, and dryers. The home also features central HVAC, a newer central A/C system installed last year, an additional ductless cooling system, and public water and sewer. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this property offers the perfect combination of cash flow, energy savings, and long-term value.
Full Property Details
Full Property Details for 244 Slocum Way
General
- Price: $999,000
- Taxes: $14,121 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4040797
- Updated: 7/15/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Bergen
- Driving Directions: Center Ave to Slocum Way
Heating & Cooling
- Cooling Type: Central Air Conditioning, Ductless Split AC
- Heating Type: Baseboard - Hotwater
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas, See Remarks
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: See Remarks
- Year Built: 1941
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Living Room
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 32 x 100
- Driveway/Sidewalk: Additional Parking, Common
Financial Considerations
- Assessment Amount: $174,000
- Land Assmt: $349,000
- Tax Amount: $14,121
- Tax Year: 2025
Disclosures and Reports
- Disclosures: Yes
- Block: 3151
- Lot Number: 9
Listed by Exp Realty, Llc
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Price & Sales History for 244 Slocum Way
Date
Details
Price
Change
Source
7/15/2026
Listed
$999,000
76.81%
MLS
11/02/2016
Sold
$565,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 244 Slocum Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,121
4%
$523,000
—
2024
$13,635
5%
$523,000
—
2022
$12,986
2%
$523,000
—
2021
$12,719
6%
$523,000
—
2018
$12,019
-2%
$523,000
—
2019
$12,306
8%
$523,000
4%
2017
$11,387
1%
$501,200
—
2016
$11,297
2%
$501,200
—
2015
$11,036
4%
$501,200
—
2013
$10,640
—
$501,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 244 Slocum Way
244 Slocum Way, Fort Lee, NJ 07024 (MLS# 4040797) is a Multi-Family property with 2 units containing 5 bedrooms and 3 full bathrooms. 244 Slocum Way is currently listed for $999,000 and was received on July 15, 2026. Want to learn more about 244 Slocum Way? Do you have questions about finding other Multi-Family real estate for sale in Fort Lee? You can browse all Fort Lee real estate or contact a Coldwell Banker agent to request more information.

