Excellent opportunity to own this spacious two family property in the heart of Linden, ideal for investors seeking strong cash flow or owner occupants looking to offset their mortgage with rental income while enjoying convenient access to New York City. Each unit features 3 bedrooms and 1.5 baths, offering generous living space and tremendous upside. The unfinished attic additional potential, while the detached two-car garage, exclusive driveway with parking for 4+ vehicles, and private backyard create exceptional value and functionality. The property is being sold strictly AS IS and is in need of repairs and updates. The large unfinished basement has an updated elecrical panel and water tanks but has some plumbing leaks. Seller will not provide any credits, repairs, price reductions, or concessions. Conveniently located near major highways, public transportation, Newark Liberty International Airport, schools, shopping centers, parks, and houses of worship.. Buyer is responsible for obtaining all municipal inspections, certifications, and certificates of occupancy required to close. This property presents an outstanding value-add opportunity in one of Union County's most desirable rental markets.
Under contract
$830,000
505 Washington Ave, Linden City, NJ 07036
6beds
19,998sqft
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$42/sqft
$-- HOA
What's special
- 85 days
- 184
- 8
Zillow last checked:
Listing updated:
Listed by:
Olivier Louis 908-543-4143,
Re/Max First Realty Ii
Source: GSMLS,MLS#: 4041907
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2.2
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- 2 Units, Natural Gas
Appliances
- Included: Range/Oven - Gas, Refrigerator, See Remarks
Features
- Bedrooms, Dining Room, Kitchen, Living Room, See Remarks, Living/Dining Room
- Flooring: Tile, Wood
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 19,998
- Total interior livable area: 19,998 sqft
Property
Parking
- Total spaces: 4
- Parking features: 1 Car Width, Asphalt, Detached Garage
- Garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,356 Square Feet
- Dimensions: 33.21 x 100
- Features: Level
Details
- Parcel number: 2909002100000000060000
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & HOA
Location
- Region: Linden
Financial & listing details
- Price per square foot: $42/sqft
- Tax assessed value: $157,200
- Annual tax amount: $11,546
- Date on market: 7/30/2026
- Exclusions: Occupier Possessions
- Total actual rent: 19998
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
Not available
Estimated sales range
Not available
$2,655/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Pending sale | $830,000$42/sqft |
Source: | ||
| 7/20/2026 | Listed for sale | $830,000+107.6%$42/sqft |
Source: | ||
| 3/6/2021 | Listing removed | -- |
Source: | ||
| 11/7/2020 | Listed for sale | -- |
Source: Hudson & Marshall Report a problem | ||
| 10/2/2020 | Listing removed | -- |
Source: Hudson & Marshall Report a problem | ||
| 5/27/2018 | Listed for sale | -- |
Source: Hudson & Marshall Report a problem | ||
| 4/16/2018 | Pending sale | -- |
Source: Hudson & Marshall Report a problem | ||
| 1/12/2018 | Listed for sale | -- |
Source: Hudson & Marshall Report a problem | ||
| 10/30/2007 | Sold | $399,900$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,054 +2.2% | $157,200 |
| 2023 | $10,812 -0.5% | $157,200 |
| 2022 | $10,869 -0.5% | $157,200 |
| 2021 | $10,924 +0.9% | $157,200 |
| 2020 | $10,830 +0% | $157,200 |
| 2019 | $10,826 | $157,200 |
| 2018 | $10,826 +5.5% | $157,200 |
| 2017 | $10,259 +4% | $157,200 |
| 2016 | $9,867 +2% | $157,200 |
| 2015 | $9,676 +3.7% | $157,200 |
| 2014 | $9,330 +4% | $157,200 |
| 2013 | $8,967 +3.1% | $157,200 |
| 2012 | $8,693 +4.2% | $157,200 |
| 2011 | $8,346 +8% | $157,200 |
| 2010 | $7,728 +4.5% | $157,200 |
| 2009 | $7,393 | $157,200 |
| 2008 | -- | $157,200 |
| 2007 | $6,415 | $157,200 |
| 2006 | -- | $157,200 |
| 2005 | -- | $157,200 |
| 2004 | -- | $157,200 |
| 2003 | -- | $157,200 |
| 2002 | -- | $157,200 |
| 2001 | -- | $157,200 |
Find assessor info on the county website
Monthly payment
Est. payment






