459 2nd Ave,Garwood Boro, NJ 07027
Garwood Boro, NJ 07027
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.
Details
| MLS # | 4040878 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 1900 |
| Days On Site | 83 |
| Listing Provided By | KELLER WILLIAMS CITY LIFE REALTY | MICHAEL DENGELEGI |
Features
| Bath(s) | 4 Total |
|---|---|
| Garage | 3 |
| Basement | Y |
Taxes
| Property | 15719 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Union |
| City | Garwood Boro |
| Zip Code | 07027 |
| Area | Union |
| School District | Lincoln |
| Elementary School | Lincoln |
| High School | Lincoln |
| Listing VS Median (in 07027) | |
Price: $1,115,000 low | high Med: $697,000 On site: 83 low | high Med: 23 | |
Market Activity 07027
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Learn More About This Property
| State | NJ |
|---|---|
| County | Union |
| City | Garwood Boro |
| Zip Code | 07027 |
| Area | Union |
| School District | Lincoln |
| Elementary School | Lincoln |
| High School | Lincoln |
| Listing VS Median (in 07027) | |
Price: $1,115,000 low | high Med: $697,000 On site: 83 low | high Med: 23 | |
