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2 Linwood Ter, Caldwell Boro Twp., NJ 07006

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For Sale

$839,000

3 beds • 3 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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.
MLS# 3998608

Courtesy Of Keller Williams Realty

(908) 273-2991

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Patio, Security System, Security System
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Steam
  • Roof Type
    Asphalt
  • Rooms
    Basement, Dining Room, Kitchen

Map and Directions

Directions to 2 Linwood Ter, Caldwell Boro Twp., NJ 07006

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.