Date
Details
Price
Change
Source
1/05/2026
Listed
$975,000
—
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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1/41
$975,000
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Property Description
MULTIPLE OFFERS - DEADLINE FOR OFFERS IS TUESDAY 1/13 AT NOON Now is your chance! Rare investment opportunity! This unique property offers FIVE income-producing units all on one parcel, making it an ideal addition to any portfolio. The package includes four 1-bedroom apartments with a passing DCA inspection PLUS a detached single-family home, providing a versatile mix of rental options to attract a variety of tenants.The four apartments are well-proportioned, each with a comfortable living room, bedroom with a flex room - office/walk in closet, kitchen and bath. The single-family home offers additional flexibility " perfect for an owner-occupant, or long-term tenant. . Situated on a single parcel, management is streamlined with one location to maintain. Whether you're looking to expand your portfolio or start with a strong investment, this property checks the boxes: multiple units, income potential, and long-term value. Located near shopping, dining, tenants will enjoy easy access to everyday needs while you benefit from consistent demand. 5 units, one property, and endless potential. 4 units are occupied - month to month, no leases, rent controlled. Home is not under rent control - needs tlc but has great potential. Separated utilities - natural gas, updated windows. Owner pays water/sewer.AS-IS buyer to obtain town inspections. Info is to best of owners knowledge. Also listed under commercial
Full Property Details
Full Property Details for 49-51 Caldwell Pl #5
General
- Price: $975,000
- Taxes: $21,344 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4003454
- Updated: 1/12/2026
- Added to Site: 12 day(s) ago
Interior
- Number of Rooms: 22
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 8
Exterior
- Exterior Features: Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Union
- Driving Directions: Rt 78 East to Exit 49A (Rt 124 West). Right onto Rt 124 (Morris Ave). Left onto Caldwell Place
School Information
- Elementary School: J.Caldwell
- High School: Dayton
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 4+ Units
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas, Cable TV Available, Garbage Included
Structural Information
- Architectural Style: See Remarks
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Unfinished, Walk-Out
- Roof: Asphalt Shingles
- Year Built: 1934
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living Room
- Square Feet: 877
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Unit Description: Kitchen, Living Room, Master Bedroom
- Square Feet: 877
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Unit Description: Kitchen, Living/Dining Room, Master Bedroom
- Square Feet: 881
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Unit Description: Kitchen, Living Room, Master Bedroom
- Square Feet: 881
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.23
- Lot Dimensions: 71 x 141
- Driveway/Sidewalk: Common
- Zoning: S60
Financial Considerations
- Expenses: Insurance, See Remarks, Taxes
- Operating Expenses: $28,786
- Assessment Amount: $698,400
- Land Assmt: $200,300
- Tax Amount: $21,344
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 706
- Lot Number: 4
Listed by Weichert Realtors
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Listing agent
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Weichert Realtors
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Schools
Schools serving 49-51 Caldwell Pl #5
School District:Springfield Township School District, Springfield, NJ
| Name | Grades | Distance |
|---|---|---|
James Caldwell Elementary School 36 Caldwell Place, Springfield, NJ 07081 | 3-5 | 0.1 mi |
Edward V. Walton Elementary School 601 Mountain Avenue, Springfield, NJ 07081 | PK-2 | 1.3 mi |
Florence M. Gaudineer Middle School 75 South Springfield Avenue, Springfield, NJ 07081 | 6-8 | 0.6 mi |
Jonathan Dayton High School 139 Mountain Avenue, Springfield, NJ 07081 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 49-51 Caldwell Pl #5
Estimate the Cost
Estimate the Cost for 49-51 Caldwell Pl #5
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49-51 Caldwell Pl #5, Springfield, NJ 07081 (MLS# 4003454) is a Multi-Family property with 4 units containing 8 bedrooms and 6 full bathrooms. 49-51 Caldwell Pl #5 is currently listed for $975,000 and was received on January 05, 2026. Want to learn more about 49-51 Caldwell Pl #5? Do you have questions about finding other Multi-Family real estate for sale in Springfield? You can browse all Springfield real estate or contact a Coldwell Banker agent to request more information.