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$839,000 - 2 Linwood Ter, Caldwell Boro Twp.

3
Bedrooms
3
Baths
N/A
SQ. Feet
1900
Year Built

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 6/30/27. 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.

Essential Information

  • MLS® #:
    3998608
  • Price:
    $839,000
  • Bedrooms:
    3
  • Bathrooms:
    3.00
  • Full Baths:
    3
  • Acres:
    0.00
  • Year Built:
    1900
  • Type:
    Multi Family
  • Style:
    TwoStory
  • Status:
    Active

Community Information

  • Address:
    2 Linwood Ter
  • City:
    Caldwell Boro Twp.
  • County:
    Essex
  • State:
    NJ
  • Zip Code:
    07006-5326

Amenities

  • Utilities:
    Gas-Natural, Electric
  • Parking Spaces:
    6
  • Parking:
    Blacktop, 2 Car Width, Parking Lot-Shared
  • # of Garages:
    1
  • Garages:
    Detached Garage

Interior

  • Interior Features:
    Smoke Detector, Fire Alarm Sys, Carbon Monoxide Detector, Fire Extinguisher, Tile Floors, Vinyl-Linoleum Floors
  • Heating:
    Gas-Natural

Exterior

  • Exterior:
    Vinyl Siding
  • Exterior Features:
    Patio
  • Roof:
    Asphalt Shingle

Additional Information

  • Date Listed:
    November 19th, 2025
  • Days on Market:
    1

Listing Details

  • Listing Office:
    Keller Williams Realty

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Listing information last updated on November 20th, 2025 at 2:19pm EST.