49-51 Caldwell Pl

Springfield Twp, NJ 07081


 

Price: $975,000

GSMLS:  4003454
Type: Multi-Family
Style: See Remarks
Total Units: 4
Beds: 8
Baths: 6 Full
Garage: 2-Car
Year Built: 1934
Acres: 0.23
Property Tax: $21,344
Description
Now is your chance! Rare 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 additional flexibility " perfect for an owner-occupant, or long-term tenant. Together, the property can provide steady rental income with the added benefit of diversification across multiple units. Situated on a single parcel, management is streamlined with one location to maintain. 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, tenants will enjoy easy access to everyday needs while you benefit from consistent demand. 5 units, one property, and endless potential. 4 units are occupied - month to month, no leases, rent controlled. Home is not under rent control - needs tlc but has great potential. Separated utilities - natural gas, updated windows. Owner pays water/sewer.AS-IS buyer to obtain town inspections. Info is to best of owners knowledge. Also listed under commercial
General Info
Style:
See Remarks
SqFt Building:
n/a
Total Rooms:
22
Basement:
Yes - Unfinished, Walkout
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding, Brick
Lot Size:
71X141
Lot Desc:
n/a
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
Common
Spaces Available:
6
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Kitchen, Living Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Kitchen, Living/Dining Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Kitchen, Living Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas,Refrig
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
4+ Units
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
Cable TV Available, Garbage Included
School Information
Elementary:
J.Caldwell
Middle:
n/a
High School:
Dayton
Community Information
County:
Union
Town:
Springfield Twp.
Neighborhood:
n/a
Financial Considerations
List Price:
$975,000
Tax Amount:
$21,344
Land Assessment:
$200,300
Build. Assessment:
$698,400
Total Assessment:
$898,700
Tax Rate:
2.38
Tax Year:
2024
Listing Information
MLS ID:
4003454
List Date:
01-05-2026
Days On Market:
5
Listing Broker:
WEICHERT REALTORS
Listing Agent:
Linda Oswald
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHillsRockaway.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox