Asking Price $839,000
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.
| Year Built: | 1900 |
| Garage: | Detached Garage |
| Lot Dimens: | 50X88 IRR |
| Lot Desc: | Level Lot |
| Heating/Cooling Type: | 1 Unit, Radiators - Steam |
| Fuel: | Gas-Natural |
| Siding/Exterior: | Vinyl Siding Patio |
| Roof: | Asphalt Shingle |
| Public Util: | Public Sewer |
| Interior: | Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Lino |
| Fireplaces: |
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