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    • $1,115,000

    459-461 2nd Ave, Garwood Boro, NJ 07027

    8beds
    3,600sqft
    : 
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    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $310/sqft
    $-- HOA

    What's special

    Four spacious unitsIn-unit washer and dryerFunctional layoutInviting outdoor living spacePrivate trex patios
    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.
    7 days
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    663
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    41
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Dengelegi 201-659-8600,

    Keller Williams City Life Realty

    Source: GSMLS,MLS#: 4040878MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Range/Oven - Gas, Refrigerator, Washer/Dryer Stacked, Microwave Oven, Stackable Washer/Dryer, Dishwasher, Gas Water Heater
      Features
      • Bedrooms, Eat-in Kitchen, Kitchen, Living Room, Storage, Eat-In Kitchen, Ceiling Fan(s)
      • Flooring: Carpet, Wood
      • Basement: Yes,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 3,600
      • Total interior livable area: 3,600 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: 1 Car Width, Additional Parking, Asphalt, Off Street, Detached Garage
      • Garage spaces: 3
      • Uncovered spaces: 3
      Features
      • Patio & porch: Deck, Porch
      Lot
      • Size: 7,840 Square Feet
      • Dimensions: 60 x 130
      • Features: Level
      Details
      • Parcel number: 2906001100000000030001

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Stucco
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1900

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
      Location
      • Region: Garwood

      Financial & listing details

      • Price per square foot: $310/sqft
      • Tax assessed value: $550,000
      • Annual tax amount: $15,719
      • Date on market: 7/15/2026
      • Exclusions: All personal and tenant items.
      • Total actual rent: 5475
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/15/2026Listed for sale$1,115,000$310/sqft
        Source: GSMLS #4040878 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$15,329 $550,000
        2024$15,329 +3.1%$550,000
        2023$14,872 +2.7%$550,000
        2022$14,476 +2.9%$550,000
        2021$14,069 -5.2%$550,000
        2020$14,837 +2.2%$550,000 +275.2%
        2019$14,521 $146,600
        2018$14,521 +5.2%$146,600
        2017$13,804 +1.3%$146,600
        2016$13,626 +3.7%$146,600
        2015$13,138 +1.9%$146,600
        2014$12,889 $146,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 07027

        Getting around

        77 / 100
        Very Walkable
        65 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        • 6/10
          Lincoln
          Grades: K-8Distance: 0.1 mi
        Schools provided by the listing agent
        • Elementary: Lincoln
        • Middle: A.johnson
        • High: Lincoln

        Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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