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Property Description

Well-maintained two-family home located just blocks from downtown Garwood and in close proximity to the train station, offering a compelling opportunity for investors or those seeking an income-producing property. Both units are currently rented, providing immediate and consistent cash flow. Each unit offers 2 bedrooms and 1 full bathroom with hardwood floors throughout and practical, well-maintained layouts. The first-floor unit is larger and features exclusive access to a private deck, currently leased at $2,525/month through 6/30/2027. The second-floor unit includes a bright living and dining area and is leased at $1,500/month through 5/31/2027.

Additional features include a shared basement with washer and dryer, recreation space, and a full bathroom, offering added flexibility. A detached two-car garage with loft storage and access to a shared backyard further enhances the property's overall functionality. Situated on two lots (228 & 224 Willow Avenue) totaling approximately 80 x 100, the property offers added value not commonly found in similar multi-family homes. Located near Garwood's downtown restaurants, shops, and everyday conveniences, with easy access to NJ Transit for commuting. Some photos are virtually staged. Additional photos reflect the property prior to tenant occupancy.

Overview

Property Status
Pending
MLS ID
26017894
Property Type
Multi-Family
Year Built
1942

Features & Amenities

Total Area
1,731 Sq.Ft.
Architecture Styles
2 Story
Garage Spaces
2.0
Water Source
Municipal Water
Parking
Detached Garage, Garage
Heat Type
Gas
Air Conditioning
Window A/C
Appliances
Refrigerator, Dishwasher, Range / Oven, Dryer, Washer
Other Interior Features
Tub and Shower
Sewer
Public
Other Exterior Features
Brick, Deck
Sales Price
$689,000
Real Estate Tax
$10,946/yr

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228 Willow Avenue

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228 Willow Avenue
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