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  • $839,000

    2 Linwood Ter, Caldwell Boro Twp., NJ 07006

    3beds
    1,525sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $550/sqft
    $-- HOA

    What's special

    Ample on-site parkingExclusive basement accessIn-unit laundryFenced backyard
    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.
    24 days
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    2,213
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    86
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    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#: 3998608MLS Logo

    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
    DateEventPrice
    11/19/2025Listed for sale$839,000+117.9%$550/sqft
    Source: GSMLS #3998608 Report a problem
    6/18/2023Listing removed--
    Source: Zillow Rentals Report a problem
    6/8/2023Price change$2,100-4.5%$1/sqft
    Source: Zillow Rentals Report a problem
    5/4/2023Listed for rent$2,200+12.8%$1/sqft
    Source: Zillow Rentals Report a problem
    11/25/2021Listing 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

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