Property
Caldwell Boro Twp., NJ 07006 2 Linwood Ter
$839,000
Pending
10 more
Presented By: KELLER WILLIAMS REALTY; 973-650-4727
Beds • 3- Baths • 3
- Garage • 1
Beds • 3
Baths • 3
Garage • 1Home Details
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.
Presented By: KELLER WILLIAMS REALTY; 973-650-4727
Interior Features for 2 Linwood Ter
Bedrooms
Total Bedrooms3
Unit 1 Beds Total1
Unit 2 Beds Total1
Unit 3 Beds Total1
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft425
Unit 2 Sq Ft650
Unit 3 Sq Ft450
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels1
UnitType1TotalRent1850
UnitType2TotalRent2100
UnitType3TotalRent1850
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Dishwasher, Fire Alarm System, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Stackable Washer/Dryer
Unit 2 Appl/EquipCarbon Monoxide Detector, Dishwasher, Fire Alarm System, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Stackable Washer/Dryer
Unit 3 Appl/EquipCarbon Monoxide Detector, Dryer, Fire Alarm System, Microwave Oven, Range/Oven - Electric, Refrigerator, Smoke Detector, Washer
BasementUnfinished
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors
Other Rooms
Unit 2 Rooms3
Unit 1 Rooms2
Unit 3 Rooms2
Unit 3 Room DescriptionBedrooms, Laundry Room, Living/Dining Room, Master Bedroom
Unit 1 Room DescriptionBedrooms, Laundry Room, Living/Dining Room, Master Bedroom
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Laundry Room, Living/Dining Room, Master Bedroom
General for 2 Linwood Ter
Architectural Style2-Two Story
Cooling4+ Units, Wall A/C Unit(s), Window A/C(s)
CountyEssex
DirectionsBloomfield Avenue to Linwood Terrace
Drive2 Car Width, Blacktop, Parking Lot-Shared
EasementUnknown
Full Baths3
GarageDetached Garage
Garage Spaces1
Gross Income69600
Heating1 Unit, Radiators - Steam
Net Operating Income48292
Number Of Units Total3
Open Parking Spaces6
Operating Expense21308
PossessionTBD
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount12032
Tax Assessed Value377900
Tax Lot12
Tax Year2024
Total Rooms7
Town #1603
TownshipCaldwell Boro Twp.
UtilitiesElectric, Gas-Natural
Year Built1900
Exterior for 2 Linwood Ter
Exterior AmenitiesPatio
Exterior DescriptionVinyl Siding
Lot Dimensions50X88 IRR
Lot FeaturesLevel Lot
Water SourcePublic Water
Additional Details
Price History
Brian Lee
Associate