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8 Beds
4 Baths
3,600 sqft

$1,115,000

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

Price per sqft$309.72
Built in1900
Property size3,600 sqft
Property typeMulti-family

Overview

Under contract

Listed Jul 15, 2026

Updated 2 weeks ago

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.

$7,418/mo

Est. mortgage payment based on a $1,115,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4040878

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$15,719
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Courtesy of KELLER WILLIAMS CITY LIFE REALTY with MICHAEL DENGELEGI,
Listing Contact: 2016598600 

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