Date
Details
Price
Change
Source
7/15/2026
Listed
$1,115,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/21
$1,115,000 Just Listed
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1/21
Property 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.
Full Property Details
Full Property Details for 459-461 2nd Ave
General
- Price: $1,115,000
- Taxes: $15,719 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4040878
- Updated: 7/15/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 16
- Interior Features: Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Deck
Parking
- Garage: Yes
- Garage Spaces: 3
- Garage Description: Detached Garage
Location
- County: Union
- Driving Directions: off North Ave
School Information
- Elementary School: Lincoln
- Middle School: A.Johnson
- High School: Lincoln
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: Fourplex, See Remarks
- Exterior Const.: Stucco
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1900
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch, Storage
- Square Feet: 900
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch, Storage
- Square Feet: 900
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Storage
- Square Feet: 900
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Storage
- Square Feet: 900
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.18
- Lot Dimensions: 60 x 130
- Driveway/Sidewalk: 1 Car Width, Additional Parking, Blacktop, Off-Street Parking
- Lot Description: Level Lot
Financial Considerations
- Operating Expenses: $20,200
- Assessment Amount: $367,800
- Land Assmt: $182,200
- Tax Amount: $15,719
- Tax Year: 2025
Disclosures and Reports
- Exclusions: All personal and tenant items.
- Disclosures: Yes
- Block: 110
- Lot Number: 3.01
Listed by Keller Williams City Life Realty
We Value Your Privacy
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We Value Your Privacy
Listing agent
— 459-461 2nd Ave —
Keller Williams City Life Realty
201-659-8600
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 459-461 2nd Ave
School District:Garwood Borough School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Franklin Elementary 400 2nd Avenue, Garwood, NJ 07027 | PK-8 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 459-461 2nd Ave
Tax History
Tax History for 459-461 2nd Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,719
6%
$550,000
—
2023
$14,872
3%
$550,000
—
2022
$14,476
3%
$550,000
—
2021
$14,069
-5%
$550,000
275%
2019
$14,837
2%
$146,600
—
2018
$14,521
2%
$146,600
—
2017
$14,169
3%
$146,600
—
2016
$13,804
1%
$146,600
—
2015
$13,626
6%
$146,600
—
2013
$12,889
—
$146,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 459-461 2nd Ave
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- Multi-Family
- Active
- Updated 1 day ago
- 6Total Beds
Listed by Keller Williams City Life Realty
- Multi-Family
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- Updated 7 hours ago
- 5Total Beds
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- Commercial Lease
- Active
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
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- Single Family
- Active
- Updated 12 hours ago
- 4Beds
- 4Total Baths
- 2,069Sq. Ft.
Listed by Re/Max 1St Advantage
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- Updated 3 days ago
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- Updated 3 days ago
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- Updated 1 day ago
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- 3Total Baths
Listed by Daunno Realty Services Llc
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- Single Family
- Closed
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Listed by Anne Weber
Sold by The Kim Haley Team
Sold by The Kim Haley Team
- Single Family
- Closed
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Listed by Marilyn Holda-Fleck
Sold by Scott Gleason
Sold by Scott Gleason
- Single Family
- Closed
- 4Beds
Listed by Signature Realty Nj
Sold by Keller Williams Realty
Sold by Keller Williams Realty
- Single Family
- Closed
- 3Beds
Listed by David Realty Group Llc
Sold by Keller Williams Realty
Sold by Keller Williams Realty
459-461 2nd Ave, Garwood, NJ 07027 (MLS# 4040878) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 459-461 2nd Ave is currently listed for $1,115,000 and was received on July 15, 2026. Want to learn more about 459-461 2nd Ave? Do you have questions about finding other Multi-Family real estate for sale in Garwood? You can browse all Garwood real estate or contact a Coldwell Banker agent to request more information.