459-461 2nd Ave

Garwood Boro, NJ 07027


 

Price: $1,115,000

GSMLS:  4040878
Type: Multi-Family
Style: Fourplex, See Remarks
Total Units: 4
Beds: 8
Baths: 4 Full
Garage: 3-Car
Year Built: 1900
Acres: 0.18
Property Tax: $15,719
Description
Open House Tomorrow 12PM–2PM.
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.
General Info
Style:
Fourplex, See Remarks
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Unfinished
Interior:
Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Wood Floors
Roof:
Asphalt Shingle
Exterior:
Stucco
Lot Size:
60X130
Lot Desc:
Level Lot
Parking
Garage Capacity:
3-Car
Description:
Detached Garage
Parking:
1 Car Width, Additional Parking, Blacktop, Off-Street Parking
Spaces Available:
3
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Refrigerator, Smoke Detector, Stackable Washer/Dryer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Stackable Washer/Dryer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Stackable Washer/Dryer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Ceiling Fan(s), Range/Oven - Gas, Refrigerator, Stackable Washer/Dryer
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
Lincoln
Middle:
A.Johnson
High School:
Lincoln
Community Information
County:
Union
Town:
Garwood Boro
Neighborhood:
n/a
Financial Considerations
List Price:
$1,115,000
Tax Amount:
$15,719
Land Assessment:
$182,200
Build. Assessment:
$367,800
Total Assessment:
$550,000
Tax Rate:
2.86
Tax Year:
2025
Listing Information
MLS ID:
4040878
List Date:
07-15-2026
Days On Market:
1
Listing Broker:
KELLER WILLIAMS CITY LIFE REALTY
Listing Agent:
Michael Dengelegi
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: EdenLaneLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008


Shawn and Diane Fox