BEDS8
BATHS4 full
MLS#4040878
STATUS
PROPERTY TYPEMulti Unit - Multiple
Property Description
Exceptional 4-Family Investment Opportunity in the Heart of Garwood! Situated on an oversized 60' x 130' lot, this well-maintained four-family property offers an outstanding opportunity for investors seeking strong rental income or owner-occupants looking to offset their mortgage with rental revenue. Each of the four spacious units features 2 bedrooms, 1 full bathroom, a functional layout, in-unit washer and dryer, and separately metered utilities including water providing convenience for tenants while minimizing owner expenses. The two lower-level units also enjoy direct access to the backyard, complete with private Trex patios, creating an inviting outdoor living space. Additional highlights include private storage areas for each unit in the basement and a detached 3-car garage featuring an unfinished loft currently used for storage. This versatile space presents exciting potential for a home office, studio, workshop, or future conversion (subject to municipal approvals). Whether you're looking to add a high-performing asset to your investment portfolio or live in one unit while generating income from the others, this property offers flexibility and long-term value. Ideally located just moments from downtown Garwood, shopping, restaurants, schools, NJ Transit, and major highways with convenient access to New York City, this is an investment opportunity you won't want to miss.
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Garage: 3
Heating: Forced Hot Air
Lot Size: 0.18 Acres
Roof Type: Asphalt Shingle
Taxes: $15,719
Year Built: 1900
Amenities
Carbon Monoxide Detector
Carpeting
Fire Extinguisher
Smoke Detector
Wood Floors
Deck
Feature Descriptions
Days on Site: 1
Driveway: 1 Car Width, Additional Parking, Blacktop, Off-Street Parking
Exterior: Stucco
Lot: Level Lot
Lot Dimensions: 0.18 acre(s)
Parking Notes: Detached Garage
Sewer: Public Sewer
Utilities: Gas-Natural
Water: Public Water
Local Schools
High School: Lincoln
Middle School: A.Johnson
Elementary School: Lincoln
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS CITY LIFE REALTY
Agency Contact: 201-659-8600
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 4,116.63 per month $2,481.51 Principal & Interest $1,309.92 Property Tax $325.21 Homeowner's InsuranceChange Payment Information
459 2nd Ave | MLS# 4040878
This multi-family property located at 459 2nd Ave, Garwood, NJ 07027 is currently listed for sale with an asking price of $1,115,000. Search Garwood real estate on www.realtymark.net today.