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Caldwell Boro Twp.,NJ 07006
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,525 sqft
Price per Sqft $550
MLS Listing ID 3998608
Style 2-Two Story
Bedrooms 3
Full Baths 3
Year Built 1900
Annual Tax Amount $12,032
Tax Year 2024
Property Description
Rare opportunity to own a fully LEGAL three-unit multifamily newly renovated property in the heart of Caldwell, offering exceptional rental stability, ample on-site parking, and a fenced backyard...making this an ideal low-maintenance, high-demand investment. Unit 1 is a one-bedroom/studio layout with a full bath and in-unit laundry, renovated in 2024 and is leased for $1,850/month through 3/31/27. Unit 2 is leased for $2,100/month through 6/30/26. Unit 3 is leased for $1,850/month and is currently owner (relative) occupied, with exclusive basement access. Tenants pay for electric while the owner covers gas, water and sewer. Parking is included for all units, and none of the tenants have pets. This property offers an unbeatable lifestyle location with quick access to NJ Transit Bus #105 to NYC and #29 to Newark. Enjoy the vibrant Bloomfield Avenue business district featuring multiple cafes, classic Calandra's, Fresco, and Rockn' Joe. Recreation is nearby at Magnuson Field, Centennial Field, and Liberty Field. Caldwell University sits just around the corner, adding to the steady rental appeal. A rare find with established income, modern updates, and strong tenant history perfect for investors or owner-occupants seeking future flexibility. Don't miss this exceptional opportunity in one of Essex County's most desirable communities.
Location
State NJ
County Essex
Rooms
Basement Unfinished
Interior
Interior Features Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
Heating Gas-Natural
Cooling 4+ Units, Wall A/C Unit(s), Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Parking Features Detached Garage
Garage Spaces 1.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style 2-Two Story
Others
Senior Community No