234 Willow Ave Active Save Request In-Person Tour Request Virtual Tour
Garwood Boro,NJ 07027
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,998 sqft
Price per Sqft $31
MLS Listing ID 3965175
Style 2-Two Story
Bedrooms 4
Full Baths 3
Year Built 1942
Annual Tax Amount $9,813
Tax Year 2024
Lot Size 5,662 Sqft
Property Description
Fantastic investment opportunity in Garwood! Fully rented two-family home, each unit occupying one spacious floor. Each unit features 2 bedrooms, 1 full bathroom, a living room and a kitchen, with hardwood floors throughout. The basement offers an additional full bathroom, ample storage space along with washer/dryer hookups for each unit. Recent updates include new windows and gutters, newer furnaces and fresh new landscaping. The spacious detached garage offers versatile use, ideal for owner storage, or as a rental opportunity to generate additional income. The long driveway accommodates several cars for plenty of off street parking. Gas and electric meters are separate, with tenants responsible for all utilities, including water (the water bill is split per billing cycle). Snow removal is tenant-managed, while the landlord covers landscaping, real estate taxes, and insurance. Current annual gross rent income of $39,000, with long-term tenants on fixed leases, ensuring immediate and stable income. Ideally located near shopping, dining, and public transportation in a high-demand rental area. Don't miss this exceptional investment opportunity! Being sold strictly As-Is. HIGHEST AND BEST OFFERS DUE MONDAY JUNE 2ND AT 4PM.
Location
State NJ
County Union
Rooms
Basement Bilco-Style Door, Unfinished
Interior
Interior Features Carbon Monoxide Detector, Carpeting, Fire Extinguisher, Smoke Detector, Wood Floors
Heating Electric, Gas-Natural
Cooling Window A/C(s)
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Brick
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
Schools
Elementary Schools Lin/Frankl
Middle Schools Lin/Frankl
High Schools A.Johnson
Others
Senior Community No
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