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Susan Maryanski

Operator | Opulent Living | Keller Williams City Life

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459-461 2nd Ave , Garwood Boro, NJ 07027
$1,115,000
Est. Payment: $5,674.47/mo
8 Bed
4 Bath
0 Sqft
Status: active | Days on site: 2
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Susan Maryanski
Operator

House 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.

Highlights

Listed by MICHAEL DENGELEGI , HP KELLER WILLIAMS CITY LIFE REALTY , 201-659-8600. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1900

County

Union

Listing ID

4040878

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:4
Air Cond:Window A/C(s)
Fireplaces:
Basement:Unfinished
Other:Carbon Monoxide Detector,Carpeting,Fire Extinguisher,Smoke Detector,Wood Floors
Other:Public Water

Exterior Features

Lot:Level Lot
Lot Dimensions:60X130
Roof:Asphalt Shingle
Others:Deck,Stucco,1 Car Width,Additional Parking,Blacktop,Off-Street Parking
Sewer:Public Sewer
Parking Features:Detached Garage
Principal Interest
$5,674
Taxes
$1,310

Home Price

$1,115,000

Loan Details

30 yrs
6.562%

Down Payment

20%
$223,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,674.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,674.47 $1,309.92 $0.00 $6,984.38
Yearly $68,093.60 $15,719.00 $0.00 $83,812.60
Total $2,042,807.95 $471,570.00 $0.00 $2,514,377.95

Today's Rates

30 Year

6.56%

20 Year

6.5%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Garwood Boro, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-07-21T23:37:13.000Z

© 2026 Garden State MLS