Two-Family Home with Walkout
20 Crosby Avenue, Edison, NJ 08817
New
MULTI_FAMILY - Edison, NJ
Property size:
1,658 SFLot size:
0.14 AcresPrice / SF:
$313/SF- Added:
- Jun 12, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 15 at 4:06 am
Property Features for 20 Crosby Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 2, Dining Room, Bathroom 1, Basement, Bedroom 3, Bedroom 2, Bedroom 1
- Patio and Porch features
- Deck
- Interior features
- Unit 1(1 Bath, 2 Bedrooms, Dining Room, Kitchen, Living Room, See Remarks), Unit 2(1 Bedroom, Dining Room, Kitchen, Living Room)
- Exterior features
- Deck, Storage Shed
- Appliances
- Water Heater(See Remarks), Water Heater, Unit 1(Dryer, Range/Oven, Washer), Unit 2(Range/Oven, Refrigerator)
- Standard status
- Active
- APN
- 0500212000000059
- Size
- 1,658 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7742
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Other (Heating), Hot Water(Heating)
- Cooling system
- Window Unit(s), Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1912
- Floors in Building
- 2
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
- Additional Structures
- Storage, See Remarks
Listing agent Jiali Diane Chen (908) 233-5555
Listing office COLDWELL BANKER REALTY 209 CENTRAL AVENUE, Westfield, NJ (908) 233-5555
Listing date Jun 12, 2026
MLS# 2662209M
Listing URL
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2‑family home built in 1912 with two separate units, each with living room and kitchen space
- Unit 1: 2 bedrooms and 1 full bath with dining room, plus access to a screened rear porch and deck
- Unit 2: 1 bedroom with dining room, kitchen, and a deck accessed via double sliders
- Walkout basement with recreation room, laundry area with washer & dryer, and plenty of storage
- Exterior includes vinyl siding with deck and storage shed
- Services include public water and public sewer; heating includes baseboard and hot water; cooling includes window and wall units
Overview
This two-family home offers two spacious units with updated finishes and fresh paint throughout. The first-floor unit includes two bedrooms and one full bath, with an enclosed front porch leading into a living room featuring hardwood floors and a decorative fireplace. The living room connects to an eat-in kitchen with access to a screened rear porch, and the level is rounded out by a large bedroom with a walk-in closet, an additional bedroom, and a full bath. The second-floor unit features a bright, open layout with a large living room, dining area, and double sliders that open to a private deck. It includes an open kitchen with a breakfast bar, access to the backyard, a spacious bedroom, a full bath, and a large walk-in closet.
A walkout basement adds practical flexibility, with a recreation room, laundry area with a washer and dryer, and ample storage space. The property also includes a large backyard and a long driveway. Located in Edison, NJ, the home is positioned conveniently close to Route 1, Route 27, shopping, dining, the Edison Train Station, and major highways.
With two separate residential units, this property can suit a range of ownership goals, including owner-occupancy or multi-generational living arrangements, while keeping day-to-day flexibility through the basement recreation space and in-unit laundry. The enclosed porch, screened rear porch, private deck, and outdoor areas provide multiple options for comfortable indoor-outdoor living.
A walkout basement adds practical flexibility, with a recreation room, laundry area with a washer and dryer, and ample storage space. The property also includes a large backyard and a long driveway. Located in Edison, NJ, the home is positioned conveniently close to Route 1, Route 27, shopping, dining, the Edison Train Station, and major highways.
With two separate residential units, this property can suit a range of ownership goals, including owner-occupancy or multi-generational living arrangements, while keeping day-to-day flexibility through the basement recreation space and in-unit laundry. The enclosed porch, screened rear porch, private deck, and outdoor areas provide multiple options for comfortable indoor-outdoor living.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.8k | $27.60 |
| − Vacancy | −$2.4k | −$1.44 |
| EGI | $43.4k | $26.16 |
| − OpEx | −$13.0k | −$7.85 |
| NOI | $30.4k | $18.32 |
1,658 SF · lease $27.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$433.8K
$379.6K – $506.1K
NOI $30,367 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$386.1K
$337.9K – $450.5K
NOI $27,029 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$537.4K
$470.2K – $626.9K
NOI $37,615 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Edison
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4067102
- Latitude
- 40.5016246
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained two-unit residence with updated interiors, screened rear porch, and a walkout basement for extra living and storage flexibility.
Where is this duplex located?
The property is located at 20 Crosby Avenue Edison, NJ.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: 2‑family home built in 1912 with two separate units, each with living room and kitchen space; Unit 1: 2 bedrooms and 1 full bath with dining room, plus access to a screened rear porch and deck; Unit 2: 1 bedroom with dining room, kitchen, and a deck accessed via double sliders
