459 2nd Ave, Garwood Boro NJ 07027-1022

Property City
Garwood Boro
Property Price
$1,115,000
Bedrooms
8
Year Built
1900
Tax Annual Amount
$15719
TaxYear (*text)
2025
Roof (*text)
Asphalt Shingle
Lot Size Area
0.18
MLS Status
Active
MLS #
4040878

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.

Yearly Tax Rate
2.858
Year Built (*numeric)
1900
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
GarageSpaces
3
Heating
Forced Hot Air
Lot Size Dimensions
60X130
Property Location

40.65385, -74.32875

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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762