NJ
Union
Springfield Twp.
07081
49-51 Caldwell Pl
49-51 Caldwell Pl, Springfield Twp., NJ 07081
Share Listing
Listing Type
Commercial/Industrial
Listing Status
Active
50
$975,000

Home Details for 49-51 Caldwell Pl

Price
$975,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1934
Lot size acres
0.23
County
Union
Garage
Basement
Full, Unfinished, Walk-Out Access
Days on site
2
MLS Listing#
4003458
Property Description

Investment opportunity! This unique property offers FIVE income-producing units all on one parcel, making it an ideal addition to any portfolio. The package includes four 1-bedroom apartments with a passing DCA inspection plus a detached single-family home, providing a versatile mix of rental options to attract a variety of tenants.The four apartments are well-proportioned, each with a comfortable living room, bedroom with a flex room (office/walk in closet), kitchen and bath. The single-family home offers flexibility, perfect for an owner-occupant, or long-term tenant. New flooring in some rooms and basement, updated electric. Together, the property can provide steady rental income with the added benefit of diversification across multiple units. Whether you're looking to expand your portfolio or start with a strong investment, this property checks the boxes: multiple units, income potential, and long-term value. Located near shopping, dining, and commuter routes to NYC - Opportunities like this don't come along often " five units, one property, and endless potential. 4 units are occupied with long term tenants, now month to month and rent controlled. Home is NOT under rent control -Separate utilities for all - natural gas, 1 new apt furnace - some updated windows. Owner pays water/sewer for apts only. Selling as-is. Buyer to get town inspections. Flood insurance may be required.

Property Features
  • Basement
    • Full
    • Unfinished
    • Walk-Out Access
  • Utilities
    • Cable Available
    • Natural Gas Available
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
Listing Courtesy: WEICHERT REALTORS - 908-735-8140
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. Information deemed reliable but not guaranteed. Copyright ©2026 Garden State Multiple Listing Service, L.L.C. All Rights Reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
John Johnson III
Franchisee
Office
973 746 4777
Agent
908 338 0639
Request more details
Code: