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.
Active
$839,000
2 Linwood Ter, Caldwell Boro Twp., NJ 07006
3beds
1,525sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$550/sqft
$-- HOA
What's special
Ample on-site parkingExclusive basement accessIn-unit laundryFenced backyard
- 24 days |
- 2,213 |
- 86 |
Zillow last checked: 12 hours ago
Listing updated: November 21, 2025 at 09:27am
Listed by:
Perri K Feldman 973-650-4727,
Keller Williams Realty
Source: GSMLS,MLS#: 3998608
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 1 Unit, Radiators - Steam, Natural Gas
Cooling
- 4+ Units, Wall Unit(s), Window Unit(s)
Appliances
- Included: Dishwasher, Microwave, Range/Oven - Electric, Refrigerator, Washer/Dryer Stacked, Microwave Oven, Stackable Washer/Dryer, Dryer, Washer
- Laundry: Laundry Room
Features
- Bedrooms, Living/Dining Room, Master Bedroom, Eat-In Kitchen
- Flooring: Tile, Vinyl-Linoleum Floors
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,525
- Total interior livable area: 1,525 sqft
Property
Parking
- Total spaces: 6
- Parking features: 2 Car Width, Asphalt, Parking Lot-Shared, Detached Garage
- Garage spaces: 1
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 4,400 Square Feet
- Dimensions: 50 x 88 IRR
- Features: Level
Details
- Parcel number: 1603000080000000120000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1900
- Major remodel year: 2024
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Carbon Monoxide Detector, Fire Alarm System, Smoke Detector, Fire Alarm Sys, Fire Extinguisher
Location
- Region: Caldwell
Financial & listing details
- Price per square foot: $550/sqft
- Tax assessed value: $377,900
- Annual tax amount: $12,032
- Date on market: 11/19/2025
- Total actual rent: 5800
- Tenant pays: Electricity, Tenant Pays Electric
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,065/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2025 | Listed for sale | $839,000+117.9%$550/sqft |
Source: | ||
| 6/18/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/8/2023 | Price change | $2,100-4.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/4/2023 | Listed for rent | $2,200+12.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/25/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$5,806/mo
Principal & interest
$4100
Property taxes
$1412
Home insurance
$294
Climate risks
Neighborhood: 07006
Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Grover Cleveland Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10James Caldwell High SchoolGrades: 9-12Distance: 1.6 mi
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